Powders and Butter prices are stabilized in Russia
After notable jump in prices for commodity products in August, they stopped the growth in the beginning of September.
After notable jump in prices for commodity products in August, they stopped the growth in the beginning of September.
More milk is being processed into powders and butter according to the European Commission’slatest outlook.
The situation is changing on the market of condensed milk in autumn.
Stocks of butter should be quite high in Ukraine, but the prices do not fall any more.
Despite statements of authorities about started manufacture of similar to European cheeses in Russia and Belarus, it is impossible to fill in the volume imported from Europe.
Improvement is not visible in Ukrainian cheese branch. Export is limited by scanty deliveries to the CIS, mainly to Kazakhstan. Internal consumption is declining. That forces to reduce considerably the production and hampers an increase of prices.
While world dairy market is in crisis conditions, Belarusian market develops not bad.
The world’s biggest robotic dairy farm under one roof has started production in South Canterbury.
GLOBAL – Low dairy prices are set to be prolonged in the absence of a Chinese white knight and a likelihood of strong milk production into next year, says Rabobank.
Autumn has not brought good news to Ukrainian dairy producers. Unfortunately sham truce in the east has not resulted in the end of trading war of Russia against Ukraine.