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The global dairy market in the second half of 2026 remains relatively balanced, however, production growth rates are slowing down, and risks to milk and feed supply are growing. This was precisely what was discussed during the IFCN World Milk Price Update webinar at the end of August. According to IFCN data, in August 2026, the combined global milk price indicator stood at 46.8 USD/100 kg SCM. As of the end of August 2026, the price of raw...

Demand for skimmed milk powder intensified in export markets due to buyers' concerns regarding the potential negative consequences of the El Niño natural phenomenon for milk producers in the Southern Hemisphere. Therefore, buyers are making stocks of the commodity in advance. Manufacturers of confectionery products and sauces are also actively con...

In July, raw milk production was restrained by severe heat and growing costs of farmers. According to preliminary data from the State Statistics Service, in July 2026 holdings of all categories produced 563.70 thousand tons of raw milk, which is 2.8 thousand tons...

Rising prime cost of raw milk production, low procurement prices, and the likelihood of higher prices for roughage force farmers to reduce the cow herd. According to preliminary data from the State Statistics Service, as of August 1, 2026, 1 million 751.1 thousand head of cattle are kept in the household and industrial sectors...

The price index moved into positive territory following the results of the trading event against the background of revitalized demand for milk powder in export markets, rising commodity prices in Europe and the US, and reduced production of it in Oceania. Price growth was also fostered by the limited supply of Mozzarella cheese in the spot market. On Tuesday, August 18, the 410th GDT Auction took place, following the results of which the price index stood at 1166, which is 26 points (+2.3%) more relative to the previous...

Since the beginning of the year, exports of exchange-traded commodities from Ukraine declined due to lower global prices, weak demand, and intensified competition in export markets. In the autumn, the situation may change thanks to the recovery of exports to Europe at more favorable prices. According to preliminary data from the SSSU, in July 2026, 12.27 thousand tons of dairy products worth 37.40 million USD were exported. Physical export volumes increased by 6%, and...

Beef exports from Ukraine declined due to logistics problems and rising costs, while the strengthening of domestic production in China, trade restrictions, and the redirection of export flows from Brazil and Australia intensify competition in the global red meat market, and the cattle shortage in the US supports high prices. According to preliminary data from the State Customs Service, in July 2026 Ukraine exported about 1.3 thousand tons of live cattle, which is 14% less relative to June 2026 and...

Despite the reduction in milk production due to the heat, procurement prices in the EU in July declined under the pressure of significant stocks of dairy products, weaker export demand, and intensified competition in the global market. According to preliminary data from the European Commission, in July 2026, the average price of raw milk in the EU stood at 41.84 euro cents per kg, which is 1.16% le...

Prices for milk powder, buttermilk powder, and anhydrous milk fat strengthened against the background of a slowdown in milk yield volumes in Europe during a period of severe heat. However, Cheddar cheese prices collapsed, and butter slightly cheapened due to slow demand in sales markets during the summer vacation period and the presence of substantial i...

The restoration of tariff quotas between the EU and Ukraine and a substantial fall in prices for exchange-traded commodities led to a sharp reduction in dairy exports by Ukrainian companies. At the same time, imports of cheeses from Europe are growing. According to preliminary data from the SSSU, in June 2026, 11.53 thousand tons of dairy products were exported for the amount of 35.06 million USD. Physical export volumes decrease...