Ukraine has seen a significant increase in the Ukrainian Dairy Index (UDI) in 2018. In September, UDI grew by a decent 7.1%. This was reported by the economist of the FAO Investment Center Andrii Yarmak, agropolit.com reported.
IFCN predicts further stabilization of milk prices, as demand for it grows faster than supply at the current world price. This forecast was made by analysts following the results of the annual IFCN conference held in Italy. This is reported by UkrAgroConsult.
In autumn prices for dairy products will start to grow. Nevertheless, this growth will be quite modest compared to previous years, Oleksii Doroshenko, head of the Association of Trade Network Suppliers, said.
The most expensive dairy products are sold in the Luhansk region. The cheapest are sold in Ternopil. "According to official statistics for June, the most expensive milk basket was sold in the Luhansk region – for 370 UAH. The cheapest was sold in the Ternopil region – for 316.9 UAH. A kilogram of sour cream, cottage cheese, butter and a liter of milk entered the basket." - the director of the association of suppliers of trade networks Olekesii Doroshenko noted on his Facebook.
Over the sixth consecutive month, the Conditional Milk Production Return Index (CMI) is declining, although many market participants expected stabilization in June. This was reported by Andrii Yarmak, an economist of the Food and Agriculture Organization of the UNO FAO on his Facebook page, agravery.com reports.
In May, Ukrainian producers of whole milk products increased sales and at the same time maintained high prices. Some, taking advantage of the increased demand, even managed to raise prices, reports INFAGRO.