Ruble devaluation creates adjustments for the dairy industry in Russia
Against the background of negative economic situation in the country, it cannot be definitely said that the dairy branch is in very bad situation today.
Against the background of negative economic situation in the country, it cannot be definitely said that the dairy branch is in very bad situation today.
Hopes on essential increase of sales on the eve of New Year will come true not for all cheese makers this year, though they expect to reduce the stocks essentially. Moreover they hope for traditional pre-holiday increase of prices.
Rabobank has issued a new report on the global dairy industry, looking at issues of price, supply and demand in key international markets.
Prices for hard cheeses continue to break the records in Russia. Neither increase of own production, nor decrease of consumer demand stop their growth.
Expectations of vendors on increase of prices for whey powder were not realized. The risen in price offers were not in demand.
Demand for fresh milk products does not grow in Ukraine. Ukrainians even began to buy less of processed milk. It confirms once again a stable decrease of purchasing power in the country.
Though mass rise of prices is not present, but they gradually grow.
Rates of production are growing on Russian market of cheeses. The prices are reconsidered almost every decade.
French dairy giant Danone has reacted angrily after Russia’s agriculture minister accused it of adulterating its products with cheap ingredients, demanding a retraction of what it called a slanderous claim.
In structure of dairy export the share of condensed milk became the biggest.