The Ministry of Agriculture does not expect a sharp rise in prices for dairy products in Russia

The Russian Ministry of Agriculture does not expect a sharp increase in prices for dairy products in the country; stabilizing factors will be an increase in production volumes and government support measures. This was reported to journalists by the press service of the ministry. "Despite the increase in production costs and the Central Bank's key rate, as well as a number of other factors, the Ministry of Agriculture does not expect a sharp increase in prices in this category. Stabilizing factors will be a further increase in the volume of raw materials and finished products, as well as government support measures," the report says. Earlier, the Brief telegram channel reported that milk, cheeses, butter, cream and yogurts will rise sharply in price in Russia. According to it, the largest dairy plants will raise prices in the near future by 5-30% due to the rise in world prices for milk fats, an increase in the Central Bank's rate and a shortage of personnel. As noted by the ...