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Global dairy prices fall, ending record gaining streak

Global dairy prices slipped at a fortnightly auction held early on Wednesday, snapping a record gaining streak. The GDT Price Index dipped 1.2pc, with an average selling price of $ 3,414 per tonne. The index had risen 0.4 percent at the previous sale, gaining for the eleventh time in a ...

 
Since the beginning of 2018/2019 MY Ukraine has exported over 42 million tons of grain

According to the State Fiscal Service of Ukraine, as of May 3, Ukraine supplied 42.4 million tons of grain and pulse crops to foreign markets. In particular: wheat — 14.3 million tons; barley — 3.4 million tons; rye — 88,2 thousand tons; corn — 23.9 million tons. In addition, 242 thousand tons...

 
Milk prices monitoring. March

Despite the positive price trends on the world market, purchase prices for milk in Ukraine continue to decline. The greatest price decrease is for Extra Grade milk. This was reported by analyst of Association of Milk Producers of Ukraine (AMP) Yana Muzychenko. In the first half of April, Extra Grade milk cost 9.69 UAH/kg inclusive...

 
Olga Trofimtseva on the position of the Agrarian Ministry of Ukraine on the land reform

Olga Trofimtseva, Acting Minister of Agrarian Policy and Food of Ukraine noted that there is observed the switch from populism to a professional discussion about the launch of the land market in Ukraine. The key points of this process are: acting step by step, taking restrictive and safety measures and implementing financial instruments to support small agricultural producers. She state...

 
The government begins to check the trade every six months, according to plan

The State Service of Ukraine for Food Safety and Consumer Protection begins conducting inspections of outlets every six months, reports the website of the department, citing the words of its head, Vladimir Lapa. In connection with the law adopted in the spring, which resumes business inspections by the State Food Safety Service, for which a moratorium has been in effect for several ye...

 
Strong Butter, SMP and Cheese demand

February 2019 Australia milk production is 12.6% lower than February 2018. Seasonal milk production July 2018 through February 2019 is -6.5% than last year. Australia is already in the first month of autumn and many dairy producers are focused on assuring that adequate hay and grain are secured for winter use. Hay stocks are tight in&n...

 
Milk production below last year in Argentina and Uruguay

For the moment El Niño impact has been minimal for the agricultural sector in South America, according to climate experts. The temperature has been favorable for crops and grass quality, and many milk producers are beginning to see some relief in feeding costs. In Argentina and Uruguay milk production levels are below last year. Consequently, some processors are manufacturing dairy products exclusively to meet the strong domestic demand, but not fo...

 
WMP price level generates good profits

Australia’s growing population and good demand for milk and dairy products are expected to result in lower dairy exports over the next year. The trend of dairy herd reductions continues among many Australian dairy producers. It is not expected that herds will increase during the final months of this season, probably not next season either. Recent cooler weather...

 

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