Ukraine: fresh dairy is getting more expensive welcoming growth of import
Only now, after the purchase prices for raw milk has declined, production of fresh dairy products becomes profitable. – INFAGRO
Only now, after the purchase prices for raw milk has declined, production of fresh dairy products becomes profitable. – INFAGRO
The change in the minimum recommended export prices corresponds to dynamics of the Russian and world markets.
In the first quarter of 2017 the world dairy market shows a downward trend, which directly affects the export opportunities of Ukrainian operators – INFAGRO
By selling of two agri-susidiaries of the Group controlled by the Group’s main agri-subsidiary LLC Milkiland-Agro, namely PJSC “Iskra” and LLC “Uspikh-Mena”, in November 2016 and February 2017, respectively, Milkiland fulfilled the conditions of the Amendment agreement to the Loan Facility Agreement with PJSC Credit Agricole Bank (hereinafter, “the Creditor” and “the Restructuring agreement”).
Russian Public Opinion Research Center (VCIOM) has published the data of the survey conducted in February in Russian Federation.
By the end of February Ukrainian dairies paid the following purchase prices for milk: quality milk from agricultural dairy enterprises 8,50-9,50 UAH/kg, milk from private households, on average 4,50-5,50 UAH/kg. But the main topic of debate was the forthcoming decrease in milk purchase prices scheduled for March 1 – INFAGRO
Belarus has shipped the first batch of dairy products to Syria, Aleksei Bogdanov, the head of the main department for foreign economic affairs at the Agriculture and Food Ministry, said on the sidelines of the 1st International Forum Agrarian Belarus on 16 February, BelTA has learned.
In January raw milk prices in Ukraine remained unchanged. Infagro Raw Milk Index got slightly stronger due to weighted averages, which were higher than in December. – INFAGRO
Pilot project of the centralized provision and distribution of the high-quality feed is implemented in the production subsidiary «named after Dovzhenko» (Poltava region) at the dairy complex that keeps about 50% of the total dairy headcount of the Group.
In 2016 Ukraine began using quotas for duty-free export of dairy products exporting dairy cream products (24.4% of quota used). Ukraine has also begun to export dried milk (30%) and butter (46%).