
Ukraine’s average farmgate price for three grades of raw milk rose by 1 hryvnia per kilogram in November to 17 hryvnias, excluding VAT, as demand remained high. Prices for all three grades increased month over month, although processors’ margins remained negative amid falling global butter prices and competition from cheese imports.
Firm demand is lifting raw-milk procurement costs, supporting farmgate prices, while weak butter returns and cheese imports are squeezing processors and may limit how much of the increase they can pass on. The reported price movement is bullish for milk, but pressure on processing margins could temper demand for raw milk.
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