In Russia, commercial milk production increased by 3.1%

Published 2022년 6월 1일

Tridge summary

In the first quarter of 2022, Russia experienced a 3.1% increase in commercial milk production, reaching 5.58 million tons, with agricultural organizations contributing 4.1% of this growth. The processing sector also saw positive trends, particularly in the production of high export potential products like dry dairy products and butter. Notably, the production of whole milk powder surged by 34%, skimmed milk powder by 18%, and butter by 11%. Additionally, the production of ice cream, cream, cheese, and dry whey also experienced growth. However, the stability of raw milk prices remains tenuous, influenced by factors such as demand, dollar exchange rates, and relations with Belarus. The start of fodder harvesting in Russia's regions is facing challenges due to adverse weather conditions, although the market for purchased protein feed has seen stabilization with some price reductions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Soyuzmolok, in the first quarter, the production of commercial milk increased by 3.1% compared to the same period in 2021 and amounted to 5.58 million tons. Including in agricultural organizations, the growth was 4.1% to 4.49 million tons, according to Milknews. The processing sector also showed positive dynamics. At the same time, the production of exchange goods with a high export potential, such as dry dairy products and butter, is increasing. For the first quarter of this year, the production of whole milk powder increased by 34% to 15.8 thousand tons, skimmed milk powder - by 18% to 23 thousand tons, butter - by 11% to 70.3 thousand tons, writes Milknews with reference to Soyuzmoloko. The production of a number of other product categories also continued to grow: ice cream - by 9% to 105.2 thousand tons, cream - by 9% to 63.8 thousand tons, cheese - by 6% to 149.7 thousand tons, dry whey — by 2% to 45 thousand tons. The general director of Soyuzmolok, Artem Belov, ...
Source: AgroInvestor

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