Dairy prices rise at Fonterra auction
Dairy prices rose again at the GlobalDairyTrade auction overnight, on the back of an increase in the value of milk powder.
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The price of raw milk in Russia is on record level
Because of limited import of dairy products, an increased demand is still felt on the market of raw milk.
What is the effect of the Russian embargo on Russia?
The current Russian embargo on countries in the EU and other nations has been discussed thoroughly in the industry as it has been placing downward pressure on global wholesale prices.
The past year was challenging for Ukrainian dairy industry, but 2015 could be even harder
This year was very difficult for Ukrainian dairy operators, as well as for whole country. It is not surprising, because there are war and economic crisis in the country.
Dairy prices ‘to stay under pressure’ in 2015
Dairy prices “will remain under pressure” next year despite the prospect of a sharp fall in milk production growth, US officials said, undermining any hopes that a late-year revival in values may signal the start of a recovery.
Super farm starts production
The world’s biggest robotic dairy farm under one roof has started production in South Canterbury.
Russia restricts deliveries of Ukrainian dairy products to the Customs Union (Belarus, Kazakhstan), access to other markets limited
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.
Future of Ukrainian dairy industry is unclear
It is not seen how foreign trade will develop after signing of the Free Trade Agreement with the EU on June, 27.