milk prices,
grades of milk
Export demand for commodities pushes up milk prices

In the second half of July, purchase prices increased due to a shortage of raw milk and high export demand for exchange-traded goods. Butter exports increased by 50% over the six months, and the devaluation of hryvnia stimulates the growth of prices for finished products. A further increase in purchase prices is expected in early August, but there are risks of their decrease in the second half of the month due to uncertainty with trade with the EU after the abolition of the autonomous trade events. New quotas have not yet been approved due to opposition from Central and Eastern European countries, which may suspend the export of Ukrainian dairy products, — reports Georgy Kukhaleyshvili, an analyst of the Association of Milk Producers.
The average purchase price of Extra Grade milk as of July 22 was 16.14 UAH/kg excluding VAT, which is 0.14 UAH more than a month ago. The price range for this grade in farms varies from 15.50 to 16.70 UAH/kg excluding VAT. The upper limit of the price range increased by 0.20 UAH.
Higher Grade costs an average 15.85 UAH/kg excluding VAT (+0.10 UAH). Prices for Higher Grade milk range from 15.30 to 16.35 UAH/kg excluding VAT. The upper limit of the price range increased by 0.15 UAH.
The average price for Grade I milk was 15.45 UAH/kg excluding VAT and did not change compared to the second half of last month. The minimum price in farms was 15.00 UAH/kg. The maximum price was 15.60 UAH/kg. The lower and upper limits of the price range remained unchanged.
Accordingly, the weighted average price of three grades was 15.92 UAH/kg excluding VAT, which is 0.12 UAH more compared to the results of the previous monitoring.