This was reported by analyst of Association of Milk Producers of Ukraine (AMP) Yana Muzychenko.

The prolonged decrease of export prices for dairy products in the world has led to a reduction in export earnings from dairy products. However, the volume of shipments for 8 months of this year was 11.8% higher than last year and amounted to 583.5 thousand tons.

In addition, the price was supported by a shortage of milk on the market and a devaluation — as a result, the prices for milk grew within 4%.

Thus, in October, Extra Grade milk cost 9.94 UAH/kg, including VAT, which is 4.19% higher than the prices in September. Prices ranged from 9.30 to 10.40 UAH.

Higher Grade grew by 3,43% and cost 9.05 UAH. The maximum price was within 9.60, and the minimum — 8.20 UAH.

Grade I went up the most — + 4.3% — to 8.49 UAH/kg. The price ranged from 8.60 to 9.50 UAH.

As we see, the gap between the price of different grades begins to decline. This is due to the fact that the prices for Extra Grade milk are very close to the limit that can be paid by processors.

However, if compared with the prices of last year, they show negative dynamics: Extra Grade price fell by 2.83%, Higher Grade — by 0.11%, and Grade I — by 2.41%.

In the short term, it is to be expected that prices will continue to grow at the background of the negative dynamics of milk production and the growth of production costs.