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Pressure on beef prices

IFA Livestock Chair Angus Woods says beef prices are holding firm at a base of €4.20/kg for steers and €4.30/kg for heifers.  Factories are putting pressure on beef prices. Base quotes for steers and heifers have been reduced by 5c/kg, with the general base quote for steers at €4.10/kg and heifers at €4.20/kg. Sell...

 
Ukrainian dairy production index is 30% higher than year ago

Andriy Yarmak, economist of investment center FAO, reported on this page in Facebook that the index of milk profitability production «Ukrainian dairy index (UDI)» is 30% higher than in the same period of 2016. In May 2017 farmers earned 30% more on every liter of milk than in May 2016. Mr. Yarmak points out that this is a real and not nominal profit because the cost part w...

 
US dairy export flies

Between January and April 2017, US dairy products increased their trend-based exportsboth in volume (+13.5%) and in value (+22.5%). Main destination countries were Mexico, Central and Latin America, followed by China and Southeast Asia. Asean area had a strong growth. Overall, total exports in milk equi...

 

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