News

Dairy product prices increased by 1.6% at the latest Global Dairy Trade auction. This follows on from an increase of 1.7% at the last auction in March. Skimmed Milk Powder (SMP) showed a decrease of 0.8%, while Whole Milk Powder rose by 2.4%. The price index for Butter Milk Powder (BMP) recorded a big decline; a fall of 12.2% was se...

The most recent figures from the Central Statistics Office (CSO) show that Irish milk production continued to fall in 2017, with production in February dropping by 7.8% compared with the same month in 2016. Domestic milk intake by creameries and pasteurisers was estimated at 264.8m litres for February 2017. This represented a decrease of 22.3m litres compared with the previous February (2016)....

Only now, after the purchase prices for raw milk has declined, production of fresh dairy products becomes profitable.  This means that the cost of fresh dairy products will continue to gradually increase despite the sales are far not active. In mid-March Ukrainian dairy plants were selling their prod...

The market of milk powder is in decline. To a greater extent the trend refers to skimmed powdered product. In Europe, despite the seasonal increase in the supply of milk, producers prefer not to send it for drying. Besides intervention stocks is still the actual problem. And there are no preconditions for...

Deputy Minister of agrarian policy and food of Ukraine on European integration Olga Trofimtseva last week opened a all-Ukranian event called "Hackathon of Agricultural Innovations", which was held this year for the second time, and became a mentor for participants of the hackathon. "Agrarian sector of Ukraine is developing incredibly quickly in recent years. At this is happening through the use of new technologies. I am very grateful to the organizers and participants, beca...

Import of dairy products to China in January-February 2017 grew by 3.1% compared with the same period last year to 407.95 thousand tons. In terms of value, there was recorded an increase of 20.5%, to $971.94 million. The information is contained in the Customs statistics of China. New Zealand occupies a leading position on volumes of export of dairy products to China. In January — February there was deliv...

After a sharp fall of prices during the previous week, purchase milk prices have stabilized. Next stage of falling is expected to be during the first decade of April after the revision of price contracts. Analytical department of Association of Milk Producers of Ukraine announced this information. According to data of the State Statistics Service of Ukraine during January-February 2017 387 tons of i...

The change in the minimum recommended export prices corresponds to dynamics of the Russian and world markets. The Ministry of Agriculture and Food of Belarus has reacted to changes in dynamics of prices on the world dairy market. The last two sessions of the Global DairyTrad...

In the first quarter of 2017 the world dairy market shows a downward trend, which directly affects the export opportunities of Ukrainian operators. The current level of export prices does not allow Ukrainian companies to earn by export sales of dairy products. The increased cost price, which was reflected in the price growth for the domestic cust...

By selling of two agri-susidiaries of the Group controlled by the Group’s main agri-subsidiary LLC Milkiland-Agro, namely PJSC “Iskra” and LLC “Uspikh-Mena”, in November 2016 and February 2017, respectively, Milkiland fulfilled the conditions of the Amendment agreement to the Loan Facility Agreement with PJSC Credit Agricole Bank (hereinafter, “the Creditor&rdqu...