News

One of Europe’s major dairy companies has decided to pay its dairy farmers a bonus if they do not increase or in fact decrease their milk production for a 6 week period. Suppliers to Friesland C...

Crimean Public Company Krymmoloko goes out of business due to unprofitability. This was announced by advocate Eksender Bariyev. The plant’s employees are offered either to quit or to take an un...

Restoration and development of the domestic irrigation systems should become the priority issue of agricultural policy. First of all, the Government has to modernize the irrigation system in the south...

The first Global Dairy Trade (GDT) auction of 2016 saw a drop of 1.6% in dairy commodity prices. The average price for product was $2,458/t. The previous GDT index on 15 December 2015 had lifted by 1....

Thirty-five Ukrainian companies that make products of animal origin have received permits for exports to the Republic of Moldova. “Nineteen diary producers, 11 manufacturers of meat products, t...

The Ukrainian parliament has approved a compromise on revoking the beneficial VAT taxation regime for farmers via granting the beneficial regime for the period until they transfer to the general taxat...

The Cabinet of Ministers of Ukraine has proposed that the single tax for the fourth group of taxpayers (agricultural companies) for the simplified taxation scheme is increased by 1.8 times. The initi...

Dairy product prices increased by 1.9% at today’s Global Dairy Trade auction the last auction of 2015. The increase is lower than expected with many signalling that recent activity of the New Z...

Russian Prime Minister Dmitry Medvedev has signed a decree imposing trade barriers on Ukraine in response to Kiev joining Western sanctions against Moscow. “Starting from January 1, 2016 Ukrain...

Milk market of Ukraine continued to show a prompt rise in price in the second half of November. The milk price reaches new record levels. Despite a decrease in consumption of dairy products, processo...