Ukraine: Butter production is rapidly growing
The “big milk” season gave impulse to rapid growth of butter production. At the same time, exports is a big problem due to low prices. – INFAGRO
The “big milk” season gave impulse to rapid growth of butter production. At the same time, exports is a big problem due to low prices. – INFAGRO
In June the Ukrainian dairy market situation can be defined as “steadily poor” – INFAGRO.
Dairy product prices fell 1.4% at the latest Global Dairy Trade auction which took place earlier today, May 3.
Both the demand for butter and butter prices are falling quicker than the increase of production. This situation was predicted long ago, but it was hard to expect that the decline would be so sharp. Butter price has plummeted 20% last month.
After active exports operations in March, the Belarusian export trade activity has considerably weakened. Russian market got stabilized and price agiotage died down.
The sixth Global Dairy Trade auction of the year has posted a drop in dairy product prices of 2.9%.
Exporters have probably accepted already the Russian food embargo. Most likely the Ukrainian dairy products will not be supplied there (in Russia) soon.
Results of export in 2015 are already available. Value was essentially reduced, but some products showed growth in export volume.
After the New Year holiday the dairy market operators are back to severe reality of their everyday life. Unfortunately, not many of them can expect improvement of the market situation this year. It will be especially difficult to work during first half of the year. Milk production is declining, consumer demand is low and does not […]
Dairy product prices increased by 1.9% at today’s Global Dairy Trade auction the last auction of 2015.