Expert Opinion
Georghii Kukhaleishvili
analyst
Association of Milk Producers

Global Dairy Market: Milk Surpluses Put Pressure on Prices

Nearly all dairy regions experienced an atypical increase in milk yields, which led to a rise in global milk production volumes. According to calculations by…

Georghii Kukhaleishvili
analyst
Association of Milk Producers

Global Dairy Market: Cow Diseases and Weather Impact Milk Supply

From January to July, the EU's raw milk production decreased due to cow diseases and unfavorable weather. Drought has also led to lower yields in…

Export Demand for Commodities Pushes Up Milk Prices

In the second half of July, purchase prices rose due to a raw milk deficit and high export demand for commodities. Butter exports increased by 50% in the first half of the year, and the hryvnia's devaluation is stimulating price growth for finished products. Further increases in purchase prices are expected in early August, but there are risks of them falling in the second half of the month due to uncertainty with EU trade after the cancellation of ATMs. New quotas have not yet been approved due to resistance from Central and Eastern European countries, which could halt Ukrainian dairy exports, reports Georghii Kukhaleishvili, an analyst at the Association of Milk Producers.