Milk Production, milk, milk prices
The heat and the demand for butter are driving up milk prices

 

The increase in purchase prices in Ukraine was influenced by the reduction in milk production and the increase in prices and demand for butter on foreign markets, — reports the analyst of the Association of Milk Producers, Georhii Kukhaleishvili.

The average purchase price of Extra Grade milk as of August 27 amounted to 15.20 UAH/kg without VAT, which is 1.08 UAH more than a month ago. The price range for this grade in farms varies from 14.00 to 16.00 UAH/kg without VAT. The upper limit of the price range increased by 1.40 UAH for the last month. The lower limit of the price range increased by 0.40 UAH.

Higher Grade on average costs 15.20 UAH/kg without VAT (+1.08 UAH). Prices for Higher Grade milk range from 14.00 to 16.00 UAH/kg without VAT. Compared to the monitoring results of the second half of July, the upper limit of the price range increased by 1.40 UAH, and the lower limit increased by 0.40 UAH.

The average price of Grade I milk was 13.97 UAH/kg without VAT, which is 0.77 UAH more compared to the price in the second half of July. The minimum price in farms was 12.65 UAH/kg, and the maximum price was 14.50 UAH/kg. Over the last month, the lower limit of the price range has not changed, and the upper limit has increased by 0.45 UAH.

Accordingly, the weighted average price of three grades amounted to 14.79 UAH/kg without VAT, which is 0.98 UAH more than a month ago.

Giorgiy Kukhaleishvili notes that the price of raw milk continues to increase, as the volume of milk is reduced, and the demand from milk processing enterprises exceeds the supply on the domestic market. Since the end of June, Ukraine has been experiencing intense heat. According to the Ukrainian Hydrometeorological Center, until the end of the second decade of August, hot and almost dry weather prevailed on the territory of the country, and the maximum air temperature during the day reached +35−38 °С. Prolonged power outages due to missile strikes by the Russian occupiers on energy infrastructure facilities led to the interruptions in the operation of ventilation systems on dairy farms. Cows received heat shocks, which affected the reduction of productivity. In particular, massive missile strikes on August 26 in 15 regions led to emergency power outages.

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