The cost of Ukrainian milk powder will fall significantly in the next weeks
Ukrainian producers of milk powder were optimistic still recently. They believed that the prices would grow soon. Now they are disappointed.
Популярные темы: #SMP
U.S. Dairy market drivers: SMP focus
The amount of Nonfat Dry Milk (NDM)/ Skim Milk Powder (SMP) produced is growing as fast or faster than yogurt or cheese. The big difference is that the majority (52% YTD) is exported. That means that the price is not determined domestically, but internationally.
Milk powder became more expensive
In Ukraine export of milk powder is active enough.
Stability is observed on milk powder market
Despite growth of production, the prices do not fall anymore. Hopes on increase of demand and prices from importers and promises of purchases by Agrarian Fund are the reasons.