News

The first Global Dairy Trade (GDT) auction of 2016 saw a drop of 1.6% in dairy commodity prices. The average price for product was $2,458/t. The previous GDT index on 15 December 2015 had lifted by 1....

Thirty-five Ukrainian companies that make products of animal origin have received permits for exports to the Republic of Moldova. “Nineteen diary producers, 11 manufacturers of meat products, t...

The Ukrainian parliament has approved a compromise on revoking the beneficial VAT taxation regime for farmers via granting the beneficial regime for the period until they transfer to the general taxat...

The Cabinet of Ministers of Ukraine has proposed that the single tax for the fourth group of taxpayers (agricultural companies) for the simplified taxation scheme is increased by 1.8 times. The initi...

Dairy product prices increased by 1.9% at today’s Global Dairy Trade auction the last auction of 2015. The increase is lower than expected with many signalling that recent activity of the New Z...

Russian Prime Minister Dmitry Medvedev has signed a decree imposing trade barriers on Ukraine in response to Kiev joining Western sanctions against Moscow. “Starting from January 1, 2016 Ukrain...

Milk market of Ukraine continued to show a prompt rise in price in the second half of November. The milk price reaches new record levels. Despite a decrease in consumption of dairy products, processo...

European cows have pumped out more than an extra two billion litres of milk since quotas were lifted seven months ago, putting pressure on global prices. Rabobank analyst Emma Higgins said one of the...

The draft 2016 national budget foresees support of farmers in the amount of UAH 350 million, including UAH 300 million for the program on cheapening credits in agriculture and UAH 50 million to suppor...

The Cabinet of Ministers of Ukraine has proposed that 25% of value added tax (VAT) is left for famers in 2016, and 75% will be paid to the national budget. According to bill No. 3630 on creating the...