The price of raw milk on the spot in Ukraine is 32% below EU levels

Published 2022년 10월 28일

Tridge summary

The European Union is experiencing a decline in the prices of dairy products on the stock exchange, with internal and external demand being low and warehouses full. The cost of SZM and butter, calculated in milk, is at its minimum for the year. There are attempts to reduce the purchase price of milk in certain countries, including the Baltics, where prices have been reduced since September. In contrast, in Ukraine, milk prices on the primary market increased in the second half of October, but the energy crisis has restricted the work of processors, leading to a decrease in the price of the spot market. The difference between the price of Ukrainian raw milk on the spot against the EU has increased to -32%, and the difference in EM SZM/butter is -27%.

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

Original content

In the EU, the price of stock exchange dairy products already shows a steady downward trend. Internal and external demand is low, warehouses are actively being filled. The equivalent of the cost of SZM and butter, expressed in milk, is already at the minimum values for the current year (corresponds to the value of the 1st week of this year – 0.51 EUR/kg for the base 3.7/3.2). The price of milk on the spot "doesn't keep up" with stock market goods, although it continues to actively decrease. As I wrote last time, the target level for raw materials should be 0.50 EUR/kg, or even 0.45 EUR/kg, taking into account the value of stock exchange prices. The prices of the primary milk market in the EU are balancing, but there are already attempts to reduce the purchase price in November for certain countries. And in the Baltic countries, for example, prices for raw materials have been reduced since September (and this is despite the seasonality of production). In Ukraine, the prices of raw ...

Source: MilkUA