Ukrainian dairy production index is 30% higher than year ago

Andriy Yarmak, economist of investment center FAO, reported on this page in Facebook that the index of milk profitability production «Ukrainian dairy index (UDI)» is 30% higher than in the same period of 2016.
In May 2017 farmers earned 30% more on every liter of milk than in May 2016. Mr. Yarmak points out that this is a real and not nominal profit because the cost part w...