News

On July 27, Fonterra announced to the New Zealand farmers a forecast Farmgate Milk Price for the 2017/2018 season increased by 0.25 New Zealand Dollars, to NZD 6.75 per kilogram of milksolids (kgMS) or about 4.17 €/kgMS. Converted into milk, the price increased roughly from 29.7 to 30.9 €/100kg of milk 4.0% fat and 3.4% protein mass/mass (ref. Germany, current change of reference: 1NZD = 0.618&euro...

Moldova is one of the largest consumers of milk of Ukrainian origin. For the first six months of the current year export volumes of dairy products from neighboring Ukraine increased 2 times in comparison with the first half of 2016. Over that period, Moldova bought dai...

Chinese dairy imports fly in June, with considerable increases in both quantity and valuefor cheeses, WMP, infant formula milk, butter, whey powder, cream. SMP imports grew by 45.4% while remaining stationary with reference to unit prices. In the first six months of 2017, China increased imports by 5.4% in total and by 28.8% in value on a trend basis, with an impressive boom set in June: + 27.4% compared to June of 2016....

According to customs authorities, for 6 months 2017 in comparison agricultural exportswith the same period in 2016, there is an increase in almost in all items. So, the export of live animals increased almost by 60% (by 4625 tons), exports of meat and offal increased by 46%. Only pork exports for 6 months in 2017 exceeded the corresponding figures for 12 m...

Thanks to the dollar’s weakening effect, US dairy exports in the first half of 2017 grew by 12.5% in volume and by 26.7% in value compared to the same period of 2016. Total milk equivalent (ME) exports rose by 19.29% from January to June 2017, in particular towards Southeast Asia, Central & Caribbean America and Latin America. At the same time, milk imports dro...

FAO reports that the FAO Food Price Index — a monthly trade-weighted index tracking international market prices of five major food commodity groups — averaged 179.1 points in July, its highest value since January 2015, marking a 2.3 per cent increase from June 2017 and 10.2 per cent rise from its level a year earlier. The FAO Cereal Price Index was up 5.1 per cent in July. The Index has been rising consistently over the past three months, supported by firmer wheat and rice quotations. Wheat values ro...

Purchase milk prices show a rapid upward trend. This was reported by analyst of Association of Milk Producers of Ukraine (AVM) Yana Muzychenko. Purchase prices for Extra Grade milk grew up the most. The average price for this grade added 0.09 UA...

The price range for Extra Grade milk this week was fixed at the level of 7.60-8.30 UAH/kg (including VAT). The average price for this grade of milk in Ukraine added 0.02 UAH/kg and crossed the price line of 8.05 UAH/kg. The highest price range for this milk fixed in Ukraine remains in Central region — 7.70-8.30 UAH/kg.  This was reported by analyst of of Ukraine Association of Milk Producers (AVM) Yana Muzychenko The average price for Higher Grade this week added 0.04 UAH/kg to 7.82 UAH/kg. The most common price r...

European Union exports confirm their rush in January-May 2017, with a 16.7% increase in value and 4.8% in volume on a trend basis. To drag the values of the first five months of 2017, in particular, are exceptional data in May, with an upward trend of +32.8%, amounting to 1.45 billion euros exported in just one month (6.6 billion...

In June of the current year the production of yoghurt, milk and cheese decreased in Ukraine. It is reported by the State Statistics Service of Ukraine. The production of yoghurt and other fermented milk or cream during the reporting period compared to June 2016 declined by 6.6% and amounted to 34.8 thousand tons. Compared to May of the current year t...