Ukraine: No reason to increase prices yet for raw milk

Published 2024년 12월 17일

Tridge summary

The article reports a rise in the average price of raw milk in Ukraine, with the weighted average price as of December 10 being UAH 18.68/kg, an increase of 48 kopecks from the previous month. The prices vary across farms, with extra-grade milk costing up to UAH 20.5/kg. Demand for raw milk is still greater than supply, but there's an indication of decrease compared to earlier in the year. Additionally, the demand for finished dairy products exceeds the supply. However, high purchase prices of raw milk are leading to reduced processing, particularly in household milk and among butter and powdered milk producers. The current raw milk prices in Ukraine are almost in line with the European average, and the increase in milk prices, especially in New Zealand, suggests that there might not be a need for further price hikes in Ukraine, given the recent fall in commodity prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Raw milk prices are rising, but not as rapidly as in previous months. The weighted average price of three grades of milk as of December 10 reached UAH 18.68/kg (excluding VAT), which is 48 kopecks more than a month ago. This was reported by the analyst of the Milk Producers Association, Georgy Kukhaleyshvili. Thus, the average purchase price of extra-grade milk increased by 65 kopecks compared to the first half of November, to UAH 19.7/kg. The price range in farms varied from UAH 18.5 to UAH 20.5/kg. The highest grade costs UAH 18.7/kg on average, having increased by 30 kopecks since the beginning of November. Prices for milk of this grade fluctuated within UAH 17.8-19.5/kg. First-grade milk has increased in price by 50 kopecks, compared to a month ago, to 17.65 UAH/kg. The minimum price in farms is 16.5 UAH/kg, and the maximum is 18.5 g rn/kg. According to Georgy Kukhaleyshvili, the demand for raw milk in Ukraine is still higher than the supply, but is already starting to ...
Source: Agrotimes

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