Milk raw material prices changed in Ukraine.

The Milk Producers Association reports that the prices for milk raw material in Ukraine have decreased in the first half of March.

It is noted that the supply of milk and finished products exceeds the demand in the domestic market. However, in the second half of the month, a certain stabilization of procurement prices is observed, reports AVM analyst Georgy Kukhaleyshvili.

The average procurement price for first-grade milk as of March 10 was 16.55 UAH/kg excluding VAT, down by 25 kopecks compared to the previous month. The price range for this grade in farms varies from 15.70 to 16.70 UAH/kg excluding VAT. The lower limit decreased by 80 kopecks, while the upper limit dropped by 1.30 UAH.

The price for higher-grade milk averages 16.30 UAH/kg excluding VAT (down by 35 kopecks). Prices for higher-grade milk range from 15.50 to 16.50 UAH/kg excluding VAT. According to monitoring results for the first half of last month, the lower limit of the price range decreased by 70 kopecks, while the upper limit dropped by 1.00 UAH.

The average price for first-grade milk is 15.85 UAH/kg excluding VAT and has decreased by 15 kopecks compared to the first half of last month. The minimum price in farms was 15.00 UAH/kg and decreased by 1.00 UAH. The maximum price is 16.20 UAH/kg and decreased by 80 kopecks.

Thus, the average weighted price for the three grades was 16.40 UAH/kg excluding VAT, down by 25 kopecks compared to the previous period.