By the end of the year, milk, butter, cottage cheese and sour cream will rise in price in Ukraine

Published Nov 27, 2020

Tridge summary

Experts predict a rise in the prices of milk-related products due to a decrease in the number of dairy cows, particularly in the industrial sector, which accounts for 80% of the supply. The vice-president of the association, Anna Lavrenyuk, anticipates a 2.5% increase in milk price, 5.5% for butter, 2.5% for sour cream, and 3.5% for cottage cheese. The cost of raw milk may also rise by 2.5% to 2.67 rubles by the end of the year, leading to higher prices for finished dairy products.

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

Original content

Experts predict that the cost of milk will increase by 2.5%, butter - by 5.5%, sour cream - by 2.5%, cottage cheese - by 3.5%. As noted by the vice-president of the association Anna Lavrenyuk, by the end of the year (from August) the price of raw milk may jump to 2.67 rubles. “That is, by the end of the year we will have approximately 28.05-28.31 rubles / kg,” she concluded. The expert added that the increase in the cost of raw milk will lead to an increase in the price of finished dairy products. The rise in the price of raw milk is ...

Source: Dairy