News

Increased acreage and higher yields for corn and soybeans led to record high soybean production and near-record high corn production. U.S. corn growers produced 15.1 billion bushels in 2021, up 7% from 2020 and the second highest production on record. Corn yield in the United States is estimated at a record high 177.0 bushels per ac...

In Europe and Belarus butter prices have fallen, but Ukrainian butter is invariably more expensive. And its prices will be rising until it becomes profitable to import it from abroad. The main reason for the projected price growth is its off-season active exports due to more favorable prices compared to domestic ones. Last month, almost 1,600 tons of butter were exported from th...

The latest monitoring this year showed the expected stability of raw milk prices. This was announced by analyst of the Association of Milk Producers Volodymyr Andriyets. Average prices of raw milk: Extra Grade — 10.95 UAH/kg without VAT, Hi...

Verkhovna Rada of Ukraine has officially announced on the registration of the Inter-Factional Deputy Group «For the development of the dairy Industry of Ukraine». The Group is headed by MPs Andriy Bogdanets and Serhiy Bunin. The Group unites more than twenty deputies. According to the deputies, dairy sector is a strategic component of Ukraine’s economy and it needs proper support from the state. The Inter-Factional Group’s ob...

Prices for raw milk are projected to remain at previous levels, while price stability has been going on for a month and a half. This was announced by analyst of the Association of Milk Producers Volodymyr Andriyets. The expert notes that in the nearest future changes are also not expected, especially on&...

Production of fresh dairy is no longer growing and it seems that producers are not keen to increase it.  The struggle for raw materials has ceased.  The reason is a decrease in orders from retail and general fall in consumer demand.  This reduction has occured mainly due to desire of dairies to increase prices and curtail promotional sales. But even in such conditions, producers intend to further increase...

During trading sessions on 23−26 November on the main market of the Warsaw Stock Exchange (WSE), ASTARTA Holding N.V., a parent company of Astarta-Kyiv agri-industrial holding, acquired 19,508 shares within the Buyback programme. The shares were bought pursuant to the Resolution No. 12 of the Annual General Meeting of Shareholders of the company adopted on 28 May 2021, the report reads. The average...

Expectations to stabilize the upward price trend are confirmed. Monitoring of prices this week showed that the average prices for milk from the farm remained unchanged. This was reported by analyst of the Association of Milk Producers Vladimir Andriets. Therefore, prices remain at previous levels: Extra Grade — 10.95 UAH/kg,...

The increase in the purchase price of milk supplied by agricultural enterprises to processing plants, successful forage procurement and keeping the number of livestock on the same level allowed milk producers to reach a good level of profitability. At the end of October, an average profitability in all types od dairy farms was +18%, and in highly productive farms +30%. In September, the State Statistics Service showed the increase in milk pro...

The domestic dairy industry is experiencing turbulent times. The challenges facing dairy farms are forcing producers to accelerate, implement energy-efficient technologies, become more flexible and digital. The most important technological and managerial trends, new opportunities for milk producers will be discussed during the next International Dairy Congress on February 10−11, 2022....