milk, milk prices, grades of milk
EU interest in Ukrainian butter pushes up prices for raw milk

 

The increase in raw milk prices in the second half of November occurred against the background of growing interest of European traders in domestically produced butter. At the same time, a decrease in demand for dairy products on the domestic market may contribute to price stabilization in the second half of December, — reports Georgy Kukhaleyshvili, an analyst of the Association of Milk Producers.

The average purchase price of Extra Grade milk as of November 20 was 19.40 UAH/kg excluding VAT, which is 1 UAH more than a month ago. The price range for this grade in farms varies from 18.30 to 20.50 UAH/kg excluding VAT. The lower limit of the price range increased by 0.80 UAH, and the upper limit increased by 1 UAH over the last month.

Higher Grade costs an average of 18.65 UAH/kg excluding VAT (+1.20 UAH). Prices for Higher Grade milk range from 17.40 to 20.50 UAH/kg excluding VAT. Compared to the monitoring results of the second half of October, the lower limit of the price range increased by 0.90 UAH, and the upper limit increased by 2.50 UAH.

The average price for Grade I milk was 17.70 UAH/kg excluding VAT, which is 1 UAH more compared to the price in the second half of October. The minimum price in farms was 16.00 UAH/kg and did not change over the last month. The maximum price was 19.00 UAH/kg and increased by 2.00 UAH.

Accordingly, the weighted average price of three grades was 18.58 UAH/kg excluding VAT, which is 1.07 UAH more than a month ago.

Georgy Kukhaleyshvili notes that another increase in prices for raw milk in Ukraine was influenced by the increased demand for butter on foreign markets in November. Since New Zealand butter rose to $ 7,000 per ton, European traders began to contact Ukrainian producers with a desire to purchase butter at more attractive prices. After a slight decrease in demand for exchange-traded goods at the beginning of the month, there is now an increase in interest in butter and cheese on foreign markets.

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