At the beginning of July, raw milk prices in Ukraine were revised upwards due to a certain shortage of raw milk in the domestic market and increased demand from dairy processing enterprises. In the future, if milk production continues to decline, another upward revision of prices is possible, reports Georgiy Kukhaleyshvili, an analyst at the Ukrainian Association of Milk Producers.

Valeriy Tkachev, Deputy Director of the Department of Transportation Technology and Commercial Operations at JSC "Ukrzaliznytsia", reported a notable surge in grain car shipments to the ports of Greater Odesa.

Over the past month, there has been a noticeable increase in prices for most dairy products in Ukrainian retail chains, excluding kefir, cottage cheese, Maasdam, and Suluguni cheeses, following the stabilization of raw milk prices, reports Georgiy Kukhaleyshvili, an analyst from the Milk Producers Association.

Shares of the Roshen confectionery factory, owned by former Ukrainian President Petro Poroshenko, have been transferred to Russia’s state income following a court decision, Dmitry Aristov, director of the Federal Bailiff Service of Russia (FSSP), informed RIA Novosti.

As the 2024 European Football Championship approaches the Round of 16, we are set to watch the first matches of this stage over the weekend.

The rise in exports of exchange commodities is expected to prevent a decline in raw milk prices in Ukraine during June. The resurgence of global demand for dairy products, combined with a likely reduction in milk yields during the summer heat, is expected to impact the purchase prices towards the end of June and early July.

Plans by the Ukrainian government to set minimum export prices for key agricultural commodities could severely disrupt trade, decrease grain exports, and lead to significant losses for farmers, according to warnings from the UGA traders' union reported by Reuters on Thursday. The union has urged the government to suspend the proposed scheme.

In May 2024, Ukraine witnessed a significant increase in dairy exports both month-on-month and year-on-year, as reported by Ukrainian media citing the Infagro information and analytical agency. This surge occurred despite the prevailing low prices in the global market.