News

The Committee on Economic Development is calling on its European colleagues to ban international cargo shipments to Russia altogether. In response to the war that Russia has waged against Ukraine most countries of the world, even such traditionally neutral countries as Switzerland, South Korea and Singapore, have...

Global demand for dairy products is rising fast, meaning milk production must grow fast as well. However, the dairy industry has a large carbon footprint so investing in productivity and resource efficiency is fundamental to mitigate the greenhouse gas emissions from increased milk production. Vasyl Hovhera, Lead Expert, Agribusiness Department, European Bank for Reconstruction and Development (EBRD), talks about this in more detail. As the world’s population increases, s...

A few days before the end of last year, dairies were alarmed by reports of falling prices for the raw milk, initiated by a number of operators, mainly from the Dairy Alliance group, apparently mediated by the Ukrainian Dairy Union. The main argument was related to the rapid jump in energy tariffs and, as a result, low or negative pro...

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...