Prices for butter dropped in Russia
The market of dairy commodities reached ceiling in Russia.
News
Belarus plans to increase milk production by one-third by 2020
On February 13 there was press conference of the Minister of Agriculture and the Food of Belarus Leonid Zayats.
Global Dairy Trade gets another positive bounce
Fonterra’s Global Dairy Trade for dairy products saw prices rise by 10.1% in the latest auction, which took place today (Tuesday).
Fonterra commissions new ingredients plant in The Netherlands
New Zealand-based Fonterra Co-operative Group Limited has commissioned its new dairy ingredients plant in Heerenveen, in the north of the Netherlands.
Putin to pump millions into embargo-hit dairy industry
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Half of Russians have cut their food spending
51 per cent of Russians have cut their food spending. This data has been provided by the survey performed by the Public Opinion Fund.
End of the EU milk quota. Expectations from 2015
At the beginning of 2015, a few weeks before the end of the milk quota regime, discussions on the future of the dairy industry intensified in Brussels.
Prices for 72.5% butter have declined by 10-15% for two weeks in Russia
In the end of January some traders decided to sell out the products at lowered prices.
Danone confirmed its plans to invest into Russia
Danone Russia Company Group has completed the first stage of the Yalutorovsk dairy plant’s reconstruction; the reconstruction process included the construction of the modern curd-manufacturing line.
Ukraine: Raw Milk prices are weakening
Market of raw milk has started to work at habitual schedule after New Year’s holidays.