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Average procurement prices for raw milk in Ukraine rose by 1 hryvnia in the past month to 17 hryvnia per kilogram excluding VAT, driven by strong demand from processors. Cheese exports reached a record high, while exports of liquid milk, cream, dry milk and butter declined in October.
Strong processor demand and record cheese exports are tightening domestic raw milk supply, supporting higher farm-gate milk prices in Ukraine.
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Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.