Prices of dairy products to remain peak until spring – expert.

REUTERS

REUTERS

The Ukrainian Stock Breeders Association says the prices of dairy products in Ukraine have been at the peak since September 2020, and the trend will continue for at least the entire first quarter of 2021.

Read also Return of Agriculture Ministry, price hikes, and disappointing harvest: Year's results in agricultural sector A number of factors caused such a situation. The major one is a poor harvest of the crops included in the cows' diet, namely maize (both grains and green mass), alfalfa, grain crops, sunflower, and soybeans, the Association's press service said.

"The main criterion for setting the price of milk is its cost, which has increased significantly since the beginning of autumn. Production costs have grown for two main reasons. First, it is the low quality of bulk feed due to the current poor harvest of silage crops across Ukraine. Secondly, grain and protein ingredients (soybeans and sunflowers) have also risen in price over the poor harvest," the press service quoted Olha Loza, a cattle technologist with the Ukrainian Stock Breeders Association and AVA Group, as saying.

As a result, producers refuse to sell raw materials at old prices. So, the trend will remain in place for at least the first quarter of 2021, while cows are fed with silage harvested in the autumn, which has a relatively low nutritional value.

"On the other hand, the price of the protein group (grain crops, soybeans, and sunflowers) may fluctuate, but in the spring, there will be a shortage of such raw materials, which may provoke a new peak in their prices. Therefore, we should not expect a drop in milk prices," the expert added.

Other related news reports

Author: UNIAN

Unian

Read the top-news of politics in Ukraine and the world, the latest political news from the UNIAN news agency.

https://www.unian.info/

Related news
COVID-19: 'We're a long, long way from easing restrictions'.

COVID-19: 'We're a long, long way from easing restrictions'.

Health Secretary Nick Hancock has warned that infections will have to fall a 'long, long way' for restrictions to be lifted in England. Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí SUBSC...

Labour calls for 'comprehensive' COVID-19 quarantine system for travellers.

Labour calls for 'comprehensive' COVID-19 quarantine system for travellers.

Shadow Home Secretary Nick Thomas-Symonds says the Government should have slapped down border controls last year on travellers arriving in the UK. Speaking on the Sophy Ridge on Sunday show, he described the Government's response as 'chaotic'. SUB...

COVID-19: Delaying 2nd Pfizer jab is an 'unregulated and unlicensed' trial.

COVID-19: Delaying 2nd Pfizer jab is an 'unregulated and unlicensed' trial.

A GP in the Doctors' Association explains why they are 'concerned' about delaying the second dose of the Pfizer vaccine. Patients have been told they'll have to wait 12 weeks between the two jabs, longer than the manufacturer recommends. The decis...

Navalny supporters arrested during mass protests in Russia.

Navalny supporters arrested during mass protests in Russia.

Roughly 2,250 people have reportedly been arrested at a series of demonstrations in support of the jailed Putin critic Alexei Navalny across Russia. The gatherings, which police have declared illegal, are the first by Mr Navalny's supporters since...

Arlene Foster dismisses support for Northern Ireland referendum.

Arlene Foster dismisses support for Northern Ireland referendum.

DUP leader Arlene Foster has dismissed a poll showing growing enthusiasm for a referendum on the future of Northern Ireland. She also discussed NI's latest response to COVID-19. Speaking on the Sophy Ridge on Sunday show, he described the Governme...

1 2

Chinese miners rescued two weeks after explosion - DW News.

Chinese miners rescued two weeks after explosion - DW News.

Eleven miners have been lifted to safety two weeks after an explosion trapped them 600 meters below ground at the Hushan gold mine in China's Shandong province. A dramatic rescue operation is gathering pace. 22 workers were cut off after the blast...