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Milk production tax used in study to cut livestock numbers

A tax on milk production and the use of negative subsidies to “engineer” a reduction in livestock numbers were among alternative scenarios modelled by the Climate Advisory Council in its carbon budget report submitted to Government last week. The carbon budgets submitted by the Council are consistent with a 51pc reduction in greenhouse gases in 2030 relative to 2018 and, depending on the emissions cut allocated to agriculture, could have a...

 
Milk production up over 10% over five years

Milk production rose in Belarus by more than 10% over five years, Agriculture and Food Minister Ivan Krupko told reporters on the sidelines of the Belarus Dairy Export Forum on 20 October, BelTA has learned. “Over the past five years, we managed to ramp up milk production by more than 10%. In 2020 the output reached 7.8 million tonnes. We have everything in place to increase the output by another 10...

 
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&nb...

 
Milk quality for three quarters of 2021

According to the results of three quarters of the current year, the processing enterprises received 2 million 427.4 thousand tons of milk, which is 10.9% less than in the same period last year, — said the analyst of the Association of Milk Producers Yana Linetska. In general: 2 million 305.7 thousand tons (-9.3%) were purchased, on tolling basis received 108 thousand tons (-34.5%), own production — 12,8 thousand tons (-15.1%)....

 
The trend of milk prices rising continues

The upward trend in milk prices continues, although the growth rate has slowed down as much as possible, said Volodymyr Andriyets, an analyst at the Association of Milk Producers. The last monitoring showed a slight increase in average price by 0.05 UAH to 10.71 UAH/kg without VAT. At the same time, the Extra Grade milk increased in price by 0...

 
The shortage of raw milk continues to push prices

Another wave of rising milk prices took place on the market. The weighted average price of three     grades increased by 30 kopecks. It is noteworthy that as a result of a persistent shortage of raw milk, which has a permanent tendency to increase, this time the lower grades of milk became more expensive. As a result, the price difference between the varieties has decreased signific...

 
Ministry of Agrarian Policy and Food of Ukraine supports the reduction of the VAT rate to 14% throughout the food chain

From August 1, the value added tax (VAT) rate of 20% on live cattle, raw milk materials and other agricultural raw materials was restored. Ministry of Agrarian Policy and Food of Ukraine supports the Association of Milk Producers on the need for a thorough reduction of the VAT rate to 14% throughout the food chain. This was emphasized by the First Deputy Minister of Agrarian Policy and Food of Ukraine Taras Vysotskyi during the Agricultural Tax Headquarters on July 26. «A transi...

 

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