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Experts forecast milk prices fall due to offer growth
28.03.2006 10:35 "Agro Perspectiva" (Kyiv) —
As to Agrarika Ltd experts, milk prices will low down owing to domestic market offer boosting/processors resources demand decline.
«As soon as first really spring-like days come, milk yields will grow still more. So, milk purchase prices will continue falling,» declared Vasyl Vintoniak, Agrarika Ltd analyst.
Besides resources offer boosting, experts admit as well milk demand having lowered down against usual due to RF dairy products shipments problem remaining unsolved.
«Many cheese making plants haven’t restored cheese outputs until now,» stated Vintoniak.
Presently experts can’t name exact figure of possible prices decline percentage; experts admit prices will depend on how soon RF dairy products shipments will be resumed as well as in what way authorities will influence prices formation.
As of now, population sells milk for processing at UAH0,60,8/l (agricultural companies UAH1,0/l).
As earlier reported, this year Jan-Feb milk output totaled 1,262.000 MT (down against 1,291.100 MT in last year Jan-Feb).
2005 milk output totaled 13,802.500 MT, up 0.1% against Jan-Dec 2004.
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