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.
As it was expected, a wave of strengthening procurement prices for milk has been since early August in Ukraine. Compared to July, raw milk prices raised by 25 kopecks, INFAGRO reported.
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.
In June the commodity market in Ukraine was somewhat balanced. Prices for farm raw materials ceased to decline, and prices for milk were revised only at the beginning of the month, INFAGRO reported.
In January-March of 2018 milk exports increased by 48.2% or 110.81 thousand tons to 229.70 thousand tons. This is reported by the analytical department of the Ukrainian Food Export Board (UFEB) according to agravery.com.
According to the Rabobank report, world prices for raw milk continued to decline in the first quarter of 2018. Analysts expect further decline in the second quarter. This is reported by kurkul.com.
The yield of milk production in Ukraine in March decreased by 8.7%, continuing the negative trend of the first two months of 2018. This was reported by the economist of the investment center of the Food and Agriculture Organization of the United Nations (FAO) Andrii Yarmak on his Facebook page.