Further growth in Ukraine's raw milk prices is unlikely

Published 2024년 12월 17일

Tridge summary

The article reports an increase in the average purchase price of extra-grade milk in Ukraine, reaching UAH 19.70/kg excluding VAT, a rise of 65 kopecks from the previous month. Prices for higher and first-grade milk also increased. The milk price rise, coupled with a decrease in the volume of exports of exchange-traded goods, is expected to halt when the New Year holidays in Europe occur. There is an expectation of a decrease in the volume of sales of fresh dairy products due to recent price increases. If the current raw milk price trend continues, a situation similar to 2023, when domestic companies imported butter, is likely. European cheeses are becoming more popular in Ukraine due to their lower prices, and local dairy markets are experiencing changes due to lower production costs in Europe.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The average purchase price of extra-grade milk as of December 10 was UAH 19.70/kg excluding VAT, which is 65 kopecks more than a month ago. The price range for this grade in farms varies from UAH 18.50 to UAH 20.50/kg excluding VAT. The lower limit of the price range increased by 75 kopecks, and the upper limit increased by 70 kopecks over the past month. The higher grade costs UAH 18.70/kg excluding VAT on average (+30 kopecks). Prices for higher-grade milk range from UAH 17.80 to UAH 19.50/kg excluding VAT. Based on the results of monitoring for the first half of November, the lower limit of the price range increased by 80 kopecks, and the upper limit increased by 40 kopecks. The average price for first-grade milk was UAH 17.65/kg excluding VAT, which is 50 kopecks more than the price in the first half of November. The minimum price in farms was UAH 16.50/kg and increased by 50 kopecks over the last month. The maximum price was UAH 18.50/kg and increased by 50 kopecks. ...

Source: MilkUA