News

The USDA released their monthly cold storage report on Tuesday. For the month of April, butter and cheese inventories continued to climb. Total natural cheese on April 30th, 2018, was reported at 1.346 billion lbs., up 2% from March and 3% above year ago levels. Butter stocks totaled 307 million lbs. 12% above March levels and 5% ahead of last year. Total beef in...

In May Ukrainian producers of fresh dairy products increased sales keeping high prices. Some of them took advantage of the increased demand and managed to raise prices. Now fresh milk products in cheap packaging are sold by key dairies mainly at the following prices: milk 2,5%, film — 18—19,0 ​​UAH/l kefir 2,5%, film &mdas...

The European Union could soon cut subsidies to dairy farmers, and the blame is being put squarely on the back of the United Kingdom and its pending exit from the trading bloc. Due to higher labor costs and stricter environmental regulations in Europe compared to those in the United States, EU dairy producers have a higher cost of production, a...

According to the State Service of Statistics of Ukraine for 4 months of the current year milk production in Ukraine amounted to 2.8 million tons, which is 1.1% less than in the same period of 2017. The dynamics of changes in categories of producers is opposite, but symmetrical: production in farms has grown by 3.2%, production in rural households has declined b...

Australia is nearing the end of the milk season, recording in March 2018 an increase by +2.5% from March 2017. July 2017—March 2018 milk production was +3.4% over one year earlier. In Victoria, the most productive region accounting for 64.8% of Australian milk production, milk production increased by 3.8% over the same period a year ago. Demand for hay in Northern Australia is higher, due to seasonally cooler temperatures. New season hay is being snapped up from milk producers from New South Wales and Victoria...

The latest Global Dairy Trade (GDT) auction — Event 212 — concluded with the GDT Price Index up 1.9%. Lasting just a minute over two hours, a total of 14 bidding rounds took place, involving 165 participating bidders — of which 111 landed winning bids. Interestingly,...

Purchase prices for milk under the pressure of seasonal production growth are constantly falling. Even despite the positive trends on the world market. This was reported by analyst of Association of Milk Producers of Ukraine (AVM) Yana Muzychenko. According to the results of April, the average price for milk was 9.12...

After battling to hold base quotes over recent weeks, beef buyers have finally relented and are now offering stronger quotes. Where negotiations were starting at 405c/kg for steers last week, quotes have increased upward by 5c/kg and most plants are now on a base price of 410c/kg; some steer deals ar...

This was stated by Head of the Main Department of foreign economic activities of the Ministry of agriculture and food of the Republic of Belarus Alexey Bogdanov on the official page in Facebook. Earlier it was reported that the Federal Agrarian Department of Russia proposes to establish quotas for the supply of milk powder from Belarus to Russia in the amount of&...

In March, the US dairy export continues, supported by increasing prices for milk, cheese, milk powders, butter and cream. Also the US dollar getting weaker against the Euro makes US products more competitive on the international market. The balance sheet for the first quarter of 2018 shows US dairy exports growing by 16.5% in quantity and 3.9% in value, compared to the same period in 2017. Thanks...