China Unlikely to Be ‘White Knight’ For Dairy Prices
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.
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.
Producers of commodity products continue to show high activity.
Ukrainian dairy producers are in economic blockade of Russia.
Chief Analyst at DNB bank Indr? Genyt?-Pik?ien? says that meat exporters will face greater damage from the Russian food imports embargo, whereas dairy producers have accumulated considerable financial reserves to get through this difficult period.
Reorganization in connection with trade sanctions continues on Russian dairy market.
Ministry of Agrarian Policy say all sufferers about deliveries to Europe or China, as before, though for half of the year nothing have been done for that.
In Russia it is believed that bans on food import areappropriate response to world economic sanctions.