News

In their latest short-term outlook, the European Commission (EC) forecast further decline to the EU dairy herd in 2018, but at a slower rate. As of December 2017, there was a 1% decline in the number of dairy cows compared to the period last year, although this was inconsistent across Member States. Of note, in the Netherlands t...

Drought in Argentina has been pushing U.S. soybean prices higher adding to the cost of milk production for U.S. dairy producers. At the same time, milk production has returned with a vengeance in many of the major milk—producing regions of South America, adding to world milk supplies and potentially creating a double hit for U.S. milk produce...

The latest event held by the Global Dairy Trade (GDT) — event 209 — saw another slight decrease of 0.6% for the overall index. Runnning for a total of two hours and 17 minutes, today’s auction saw 123 winning bidders across 16 rounds from a total of 169 participating bidders. An overall figur...

The imbalance in the world dairy market and the growth of milk production in the domestic market had a negative impact on the formation of purchase prices for milk in March. This was reported by analyst of Association of Milk Producers of Ukraine (AVM) Yana Muzychenko. Official statistics shows the growth in milk production in the first tw...

The volume of trade between Ukraine and India in 2017 increased by 18.8% and amounted to $2.8 billion. This was stated by Indian Ambassador to Ukraine Manoj Kumar Bharti at a press conference. «There are two important points to note here. India became the fifth country in terms of exports from Ukraine abroad. In addition, India is the second country with which...

Deputy Director on cattle breeding of the agricultural enterprise named after Franco Dmitry Samsonenko said that a modern Canadian—American farm with appropriate technology for housing cows is being built in Gorokhov district of Volyn region. This is stated on the website of the Department of agroindustrial development of Volyn regional...

On the eve of Easter consumption of fresh dairy products in many regions of Ukraine has decreased. At the same time it is unrealistic to sell its surplus for export, as it happens in other categories of dairy products. Despite the weak sales, manufacturers of fresh dairy do not lower prices to avoid further disputes with trade networks later in April. In some cases processors apply sales on&...

Import of palm oil and its fractions to Russia in January 2018 increased by 27.8% compared to January last year, but compared to the previous month it decreased by almost half. Import of cheese and cottage cheese in January increased by 1.6% to 16.7 thousand tons compared to the same period last year and decreased by 0.7% compared to Decemb...

The National Academy of Agrarian Sciences of Ukraine and South Korea are getting ready to implement innovative projects in the agricultural sector. President of the Academy Yaroslav Gadzalo met with the Ambassador of the Republic of Korea to Ukraine Mr. Lee Yang Goo. During the meeting the sides discussed areas of coopera...

IFC, a member of the World Bank Group, is launching a new advisory program to modernize Ukraine’s dairy industry, part of broader efforts to spur economic growth across the country. The five-year project, implemented in partnership with the Austrian government, is expected to help 40,000 small- and medium-scale dairy farmers access financing, boost production, cut...