Stocks of butter are reducing quickly in Russia
The situation became aggravated for Russian traders/operators. They have two problems now: devaluation which makes import noncompetitive (even from Belarus), and deficiency of means.
The situation became aggravated for Russian traders/operators. They have two problems now: devaluation which makes import noncompetitive (even from Belarus), and deficiency of means.
Butter stocks of Ukraine operators proved to be not so big.
Autumn is at the height, but demand for milk powder and butter is not high in Russia, which was not observed last years.
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.
Stocks of butter should be quite high in Ukraine, but the prices do not fall any more.
Despite large stocks, the prices for butter have ceased to grow, even their strengthening is observed in Ukraine.
America’s love of butter is making shoppers feel tight around the money belt as the price of the creamy yellow stuff soars.
Serious agiotage on Russian dairy market by reason of import restrictions strained already difficult situation for a few weeks.
Considerably increased production of butter and SMP, termination of deliveries to Russia and inadequate attitude of Agrarian Fund (absence of promised purchases) influence formation of very low prices for the product in Ukraine.