199 kg of dairy products for every Ukrainian is the forecast of the dairy industry for the current year

Published Dec 8, 2022

Tridge summary

Despite ongoing hostilities, the dairy trade balance in Ukraine was positive for the first time in recent years, with a surplus of $103.8 million from January to October 2022. The government has implemented financial support measures for the dairy and processing industries, particularly for family farms. This includes Resolution No. 739, which provides funding for creating processing facilities, and Resolution No. 918, which offers a subsidy for cow herds. Over 37,000 farms have registered for this subsidy. The government is also providing free social packages, including dairy products, to those who could not purchase them due to de-occupation.

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

Original content

However, despite the current situation and hostilities, there are also positive developments. For example, the share of cows and the volume of milk produced in agricultural enterprises remained. For the first time in recent years, the trade balance for the dairy group of goods for January-October 2022 was positive and amounted to $103.8 million. According to the balance of demand and supply of milk and dairy products in the current year, the forecast of milk production under optimistic scenarios may be 7, 5 million tons. This will allow in the current conditions to provide each person with 199 kg of dairy products. Currently, the Government has developed a whole package of financial support tools specifically for farms in the dairy and processing industries. The head of the Department of Livestock and Tribal Affairs of the Department of Agrarian Development of the Ministry of Agrarian Policy, Olena Dadus, told about this on the air of an informational marathon on "Suspilny". ...

Source: MilkUA