Milk prices increasing in Ukraine
Favorable conditions at the market of dairy products result in increasing raw milk prices. On the one hand, dairy producers can expect substantial increase in raw milk prices. On the other hand, Ukrainian experts claim that milk supply hasn’t decreased in comparison with the previous year. According to State Department of Statistics, in Ukraine milk production accounted to 9.2 million tones during the first three quarters - only 1.1% less as compared to the same period of the previous year. Although milk production in Ukraine doesn’t seem to decrease, still the amount of milk delivered to processing plants is 14% less during the same period.
Are the officials from the State Department of Statistic right or wrong? Doesn’t matter what the answer could be, milk prices are increasing in Ukraine. In the middle of October, milk prices for big dairy producers were UAH 1.9-2.5 per liter.