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Farmers ask the president to put an end to the issue of reducing the VAT rate

Reducing the VAT rate to 14% on some types of agricultural products will bring the agricultural sector out of the shadow, create equal tax conditions and increase the working capital of agricultural producers. And this in turn will stimulate the agricultural sector development. This was emphasized by agricultural producers and called on the President to sign the draft law № 3656 adopted by the deputies as soon as possible. Reducing the...

 
IFCN predicts a decline in global milk production in 2021

According to a study conducted by analysts of IFCN, milk production may decline in 2021. The experts call the rise in feed prices, lower profits for farmers to be key factors for this, reports The DairyNews with reference to the results of the study. Analysts note that against the background of rising feed prices, the price of milk in 2021, after a slight decrease to $ 33 per 100 kg, will rise to $ 35. IFCN noted the...

 
IFCN presented top 20 milk processors in the world

The international analytical network IFCN presented a rating of the top 20 milk processors in the world during the webinar. In total, the 20 largest companies processed 210.6 million tons of raw milk in 2019. Dairy Farmers of America from the United States remains the largest milk processor — this company processed 29 million tons of milk — 200 thousand tons less than in&nbs...

 
Milk prices monitoring. October

A new wave of raw milk price increase is being recorded on the market. This time the growth of the average weighted price of three grades in a three-week period was solid — plus 43 kopecks — up to 10.67 UAH/kg. The incr...

 
Ukrainians cut their consumer spendings

During the time of the coronavirus pandemic and quarantine restrictions in Ukraine, in the second quarter of 2020 households spent about UAH 649.3 billion, which is 10.4% less than in the same period in 2019. The State Statistics Service announced this in its express release on September 21. In the second quarter, most of all Ukrainians spent on food and non-alcoholic drinks&nbs...

 

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