Belarusian skimmed milk powder export prices to buyers outside Russia rose more than 19% in October from September, reaching an average of $3.60 per kilogram, up 50% since the start of the year. Prices paid by Russian buyers increased 4% month over month, while Belarusian butter prices for Russian buyers rose 2% or less, depending on fat content.
Higher export prices indicate stronger demand or tighter availability for Belarusian dairy products in non-Russian markets, raising procurement costs for buyers. The reported price increases are bullish for skim milk powder and, more modestly, butter.
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