News

FAO reports that the FAO Food Price Index — a monthly trade-weighted index tracking international market prices of five major food commodity groups — averaged 179.1 points in July, its highest value since January 2015, marking a 2.3 per cent increase from June 2017 and 10.2 per cent rise from its level a year earlier. The FAO Cereal Price Index was up 5.1 per cent in July. The Index has been rising consistently over the past three months, supported by firmer wheat and rice quotations. Wheat values ro...

Purchase milk prices show a rapid upward trend. This was reported by analyst of Association of Milk Producers of Ukraine (AVM) Yana Muzychenko. Purchase prices for Extra Grade milk grew up the most. The average price for this grade added 0.09 UA...

The price range for Extra Grade milk this week was fixed at the level of 7.60-8.30 UAH/kg (including VAT). The average price for this grade of milk in Ukraine added 0.02 UAH/kg and crossed the price line of 8.05 UAH/kg. The highest price range for this milk fixed in Ukraine remains in Central region — 7.70-8.30 UAH/kg.  This was reported by analyst of of Ukraine Association of Milk Producers (AVM) Yana Muzychenko The average price for Higher Grade this week added 0.04 UAH/kg to 7.82 UAH/kg. The most common price r...

European Union exports confirm their rush in January-May 2017, with a 16.7% increase in value and 4.8% in volume on a trend basis. To drag the values of the first five months of 2017, in particular, are exceptional data in May, with an upward trend of +32.8%, amounting to 1.45 billion euros exported in just one month (6.6 billion...

In June of the current year the production of yoghurt, milk and cheese decreased in Ukraine. It is reported by the State Statistics Service of Ukraine. The production of yoghurt and other fermented milk or cream during the reporting period compared to June 2016 declined by 6.6% and amounted to 34.8 thousand tons. Compared to May of the current year t...

Some domestic manufacturers are not interested in introduction of quality control system of foodstuff HACCP. This was stated by Executive Director of «Consumers Union of Ukraine» Maxim Nesmiyanov. He explained that dishonest businesses prefer super profit from counterfeit to quality products. «The HACCP system is really effective. It suggests that the manufacturer i...

The free trade agreement between Ukraine and Canada will start working on August 1, 2017. This was announced by Ukraine's Ambassador to Canada Andrey Shevchenko. «On Tuesday, August 1, there will officially start free trade between Ukraine and Canada: our free t...

Chinese dairy imports fly in June, with considerable increases in both quantity and valuefor cheeses, WMP, infant formula milk, butter, whey powder, cream. SMP imports grew by 45.4% while remaining stationary with reference to unit prices. In the first six months of 2017, China increased imports by 5.4% in total and by 28.8% in value on a trend basis, with an impressive boom set in June: + 27.4% compared to June of 2016....

The Mediterranean diet has long been one of the healthiest diets known to reduced various disease related complications. Although dairy products with Mediterranean diet is not recommended previously, many recent studies support the use of dairy products to offer added benefits. While dairy products can be incorporated into the Mediterranean diets, which types of dairy products needs to be done with careful consideration. For instance, there is evidence for the beneficial eff...

Although the current indicators of foreign dairy trade are well below pre-crisis 2013, Ukrainian dairy exports, compared to the period of a deep crisis of the previous two years, can be considered successful. For the first half of 2017, export of most dairy products has considerably increased, and on the background of rising prices, the foreign exchange proceeds from external sales was...