In February the Infagro Raw Milk Index is expected to drop 3 points

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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

In February dairy processors have already lowered milk purchase prices for all categories of milk producers, therefore, it is expected that the Raw Milk Index will slightly (3 points) decrease.

The farmgate prices decline in February was caused by the seasonal increase in milk production in farms, as well as worse export price situation at the beginning of the year (this factor is confirmed by the downward trend of Dairy Commodities Index).

In January actual Infagro Raw Milk Index made 224 points (the preliminary forecast was 223 points), which was 1 point (0.5%) higher than in December. The projected value for February is 221 points, which is 3 points (1.3%) lower than in January and 37 points (20.1%) higher than in February of last year.

According to January actual data, the Infagro Dairy Commodities Index made 214 points (preliminary forecast was 218 points), which is 1 point (0.5%) higher than in December. The projected index for February is 216 points, which is 2 points (0.9%) above the index value of January and 37 points (20.7%) higher than in February of last year.

The Infagro Raw Milk Index is a weighted average price for a kilogram of milk produced in farms (VAT excluded) and households, related to volumes delivered for processing from each of the categories, taking January 2011 as 100 points.

The Infagro Dairy Commodities Index is a weighted average of actual export prices and volumes of three main products: SMP, butter, cheeses (cheese-like product is included into volumes together with cheeses, but not included into price indicator). January 2011 is taken as 100 points.

INFAGRO

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