News

Ukraine's Agrarian Policy and Food Ministry forecasts that the production of milk and dairy foods in Ukraine in 2017 will be about 10.1 million tonnes, which will be 2.9% down on 2016, according to Deputy Agrarian Policy and Food Ministry for European integration Olha Trofimtseva. «Our statistics say that milk production in Ukraine is declining. It will be falling this and next year compared to the previous year,» she said at the Dairy...

Effective Dec. 1, 2017, China is unilaterally lowering its cheese tariffs from 12 percent to 8 percent. The move will immediately boost U. S. export competitiveness in China and help U. S. suppliers take a larger role in meeting the nation's booming cheese demand. «We are very pleased with China's decision because it will help U. S. cheese exporters and manufacturers chip away the tariff disadvantage with other competitors,» said Tom V...

New Zeland — The new dairy sector strategy — «Dairy Tomorrow» — was launched this week and tackles head-on the big issues the sector is facing, says Dairy Environment Leader Group Chair Alister Body. «The process of developing this strategy meant we had to take a hard look at the challenges the sector is facing,» says Mr Body. «This meant strong...

Arla’s price for conventional milk will remain unchanged in December at 32.30 pence for the conventional manufacturing litre. Commenting on the reason behind the decision to hold the price for December, Johnnie Russell, Arla Foods amba board director, said: «Commodity market prices have continued to fall over recent weeks, in particular European yellow che...

Agro-industrial holding Astarta-Kiev and the European Investment Bank (EIB) today in Brussels signed a loan agreement for EUR 37 million. «These funds are provided under the InnovFin—EU Finance for Innovators program, and will be directed for further implementation of projects on infrastructure modernizat...

In the period of January-October 2017, Ukraine exported 68 thousand heads of cattle, while for the entire 2016 export amounted to 51 thousand heads. Andrey Pankratov, Senior Agricultural Market expert, International Consultant at FAO, noted that if we compare the number of animals that are exported with the number of those...

Chairman of the Council of the National Bank of Ukraine (NBU) Bohdan Danylyshyn says that it is expedient to re-launch the State Price Administration with state regulations on food prices to reduce inflation in Ukraine. «Analyzing the consequences of the government's decision to abolish the regulation of food prices, I consider it premature, since in the conditions of Ukra...

The Agriculture and Horticulture Development Board (AHDB) supports new targets announced today for the use of antibiotics in the farming industry. The targets were revealed by the Targets Task Force set up by the Responsible Use of Medicines in Agriculture Alliance (RUMA) to support the farming industry so that...

In 2017, the general production of agricultural goods in Ukraine will reduce by 2.6% compared with the last year level, and total 247.9 bln UAH, declared the Director of the National Scientific Center “Institute of Agrarian Economics”, Academician of the National Academy of Agrarian Sciences (NAAS), Yuri Lupenko on November 7. According to the expert, the estimations are based on calculations by experts of the Institute of Agrarian Economics, taking into account the current market dynamics. In the current year, the produ...

In the period of nine months of 2017, agri-industrial holding Astarta-Kievincreased dairy farming segment revenue to EUR 23 million (35% higher y-o-y). The company's report states that the increase was driven mainly by higher sales prices on premium quality of produce and market conjuncture. Astarta's dairy farms produced ov...