raw milk,
prices,
milk
Raw milk prices rising have reached the top of consolidation
Raw milk prices rising seem to have reached the top of consolidation. The latest monitoring showed the finishing movement of the price-pulling effect.
This was reported by analyst of the Association of Milk Producers Volodymyr Andriets.
Under these conditions, the average price of three grades added 0.04 UAH and amounted to 10.74 UAH/kg without VAT. With that:
Extra Grade on average rose by 0.03 UAH — to 10.95 UAH/kg,
Higher Grade by 0.06 UAH — to 10.82UAH/kg,
Grade I by 0.02 UAH — to 10.46 UAH/kg without VAT.
Average prices for large and medium batches of Extra Grade milk by region have not changed: north — 11.08 UAH/kg, center — 11.12 UAH/kg, south — 11.2 UAH/kg, east — 11.0 UAH/kg, west — 11.1 UAH/kg without VAT.
The expert notes that, despite the shortage of raw milk, the upward price trend has met with strong resistance from a number of opposing factors that determine the significant pressure on the price, namely low profitability of finished dairy products in general, rising energy tariffs for industrial production, reduction of purchasing power of the population, which causes a drop in demand for products.
According to preliminary forecasts, despite the rise in prices for socially important dairy products in the networks, which has already exceeded 7% in nine months, their further growth will be observed by the end of the year. This will certainly further reduce consumer opportunities and create problems for producers at the stages of wholesale and call into question the further conduct of their business.
Press service of the Association of Milk Producers