Tridge summary
Ukrainian cheesemakers are expected to see a improvement in their market position due to a combination of factors. These include a change in global market conditions, a weakening of the hryvnia exchange rate, the stabilization of raw milk prices, and a growth in pre-holiday demand. The rise in European cheese prices is also anticipated to lead to a decrease in imports. Despite a slight drop in rennet cheese production in October, the production of cheese products saw a increase. Factories are now preparing large volumes of cheese for pre-holiday sales.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The situation of Ukrainian cheesemakers should improve in the near future. The reasons for optimism are the change in world market conditions, the weakening of the hryvnia exchange rate, the stabilization of raw milk prices and the growth of pre-holiday demand. This was reported by Infagro. European cheese prices have risen markedly, and this raises hopes for a reduction in imports. The collapse of the hryvnia exchange rate will also contribute to this. That is, domestic cheese producers get an additional chance to increase prices for pre-holiday trade, and many market operators will take this opportunity. Contrary to last month's record cheese imports, rennet cheese production fell slightly in October, by 2% to about 6,000 tonnes. And the production of cheese products even increased, as compared to September, by 7% - up to 3.7 thousand ...
Source: Landlord
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