Ukraine: Prices for raw milk fell by 40 kopecks

Published 2023년 5월 12일

Tridge summary

In Ukraine, raw milk prices have seen a decrease of 22-40 kopecks in May, following a weak domestic and international demand for dairy products, high milk season, and transport company strikes in Poland. The average purchase price of extra grade milk has dropped to UAH 11.73/kg without VAT, with the average price of higher grade milk also decreasing by 40 kopecks. The average price of first grade milk has also fallen by 22 kopecks. The continued downward trend in milk prices is attributed to the ongoing war in Ukraine, which has led to a decrease in consumer purchasing power and a shift to cheaper locally produced dairy products. Additionally, the European market is experiencing a surplus of raw milk, further driving down prices.

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

Original content

As of May 9, raw milk prices in Ukraine decreased by 22-40 kopecks compared to April. Producers are reducing the prices of raw materials in connection with the ongoing weak demand for dairy products on the domestic and foreign markets. To a certain extent, the change in prices was influenced by the high milk season and obstacles to export deliveries in transit through the EU due to strikes by transport companies in Poland. This was reported by the analyst of the Association of Milk Producers, Georgy Kukhaleishvili. The average purchase price of extra grade milk decreased to UAH 11.73/kg without VAT, which is 40 kopecks less than in April. The price range for this variety in farms varies from UAH 10.50/kg to UAH 12.50/kg. The upper limit of the price range remained unchanged, but the lower limit fell by 34 kopecks. The higher grade also fell in price by 40 kopecks compared to last month. On average, the price of milk of this variety amounted to UAH 11.73/kg without VAT, and the ...

Source: Agravery