Milk producers, not grain traders, were the most affected by the return of EU quotas on Ukrainian agricultural products.
Original content
The return of tariff quotas by the European Union on Ukrainian agricultural products has hit dairy producers the hardest, not grain traders, according to Iryna Kosse, a senior researcher at the Institute of Economic Research and Political Consulting. According to the government's estimates, Ukraine's agricultural exports for January to October have already fallen by 1.57 billion euros to 15 billion euros, with 90% of the losses attributed to trade with the EU. During the "visa-free trade" period, Ukrainian dairy producers were increasing exports of butter and powdered milk to the EU. After the cancellation of autonomous trade measures, the EU's quotas for skimmed milk powder were exhausted at the beginning of summer. Logistics has hit processors hard. Refrigerated products require refrigerators, containers, and adherence to the cold chain, but container shipments are expensive and irregular. For batches of butter and powdered milk, any additional dollar in freight can kill the ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.