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More than a third of industrial milk received for processing is extra grade

According to the results of 2020, milk processing enterprises received 3 million 511.8 thousand tons of milk, which is 7.6% less than in the same period last year. At the same time, the distribution of raw milk materials into grades in the total milk supply showed an increase in the share of «extra» and «migration» of&n...

 
Why does the World Bank see a growth point for milk in Ukraine?

Ukraine has every chance to take a leading position in the world milk market. Against the background of growing markets and logistical advantages, Ukraine has another significant advantage — relatively low cost of milk production, but without the volume of dairy products, its quality and stability of supply access to export markets — is...

 
Farmers ask the president to put an end to the issue of reducing the VAT rate

Reducing the VAT rate to 14% on some types of agricultural products will bring the agricultural sector out of the shadow, create equal tax conditions and increase the working capital of agricultural producers. And this in turn will stimulate the agricultural sector development. This was emphasized by agricultural producers and called on the President to sign the draft law № 3656 adopted by the deputies as soon as possible. Reducing the...

 
IFCN predicts a decline in global milk production in 2021

According to a study conducted by analysts of IFCN, milk production may decline in 2021. The experts call the rise in feed prices, lower profits for farmers to be key factors for this, reports The DairyNews with reference to the results of the study. Analysts note that against the background of rising feed prices, the price of milk in 2021, after a slight decrease to $ 33 per 100 kg, will rise to $ 35. IFCN noted the...

 
IFCN presented top 20 milk processors in the world

The international analytical network IFCN presented a rating of the top 20 milk processors in the world during the webinar. In total, the 20 largest companies processed 210.6 million tons of raw milk in 2019. Dairy Farmers of America from the United States remains the largest milk processor — this company processed 29 million tons of milk — 200 thousand tons less than in&nbs...

 

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