News

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...

The latest Global Dairy Trade (GDT) auction concluded with a price drop for key dairy commodities, driven by expanding inventories and cautious demand. However, a resurgence in export market demand is likely due to the El Niño weather phenomenon, which could cause adverse weather conditions and a short-term reduction in milk production across Oce...

In summer, the demand for dairy products in Ukraine traditionally decreases due to the season of vegetables and fruits. In the conditions of war, the purchasing power of the population remains weak. Therefore, producers stimulate sales with sales promotions, although inventories of butter are growing, and competition with cheaper imports from the EU is&...

The global dairy market enters a new stage of transformation. The EU faces a reduction in profitability and intensifying competition. The US places its bet on scaling, digital technologies, and exports. New Zealand and Australia are ramping up production and investments in high-value-added products. The main drivers of the industry's developmen...

The commercial sector boosted raw milk production in May, partially offsetting the decline in yields from household plots. However, without investments in processing, the dairy industry risks losing its potential. Against the backdrop of rising on-farm production costs and Euro-integration challenges, the key conditions for stability remain efficiency improvements, investment a...

Without the modernization of the processing sector and an increase in purchase prices, small and medium-sized farms, which hold about 40% of the herd, risk disappearing from the market. Additional pressure on producers is being driven by the rising costs of fuel, fertilizers, and feed due to the blockade of the Strait of Hormuz, leading to&nbs...

The key task for the Ukrainian dairy sector is to transition from exporting commodities to high-value-added products. Without investments in deep processing and modern technologies, Ukraine risks losing its competitive advantages and conceding its position to foreign suppliers, even within traditional markets. According to preliminary data from the State Statistics Service of Ukraine (SSSU), in May 2026, 10.93 thousand tons of dairy products were exported, totaling 32.89 million USD. Exp...

Following the GDT auction results, the prices for most dairy products increased, although prices for butter and Cheddar cheese declined. On Tuesday, May 5, the 403rd GDT Auction took place, resulting in a price index of 1214, which is 18 points (+1.5%) higher compared to the previous auction. The average p...