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Milk exporters are expected to receive full compensation for transportation costs KXan 36 Daily News

Date: February 24, 2024 Time: 08:52:24

He noted that a rather difficult situation is developing for milk, in particular, a decrease in prices is observed.

“The decrease in prices is due to the fact that our milk production is growing, while milk consumption is decreasing,” explained the minister.

To correct the situation, the Ministry of Agriculture will stimulate the export of dairy products and seek new markets. Compensation of 100% of transportation costs for the export of dairy products will help improve the situation on the dairy market, the minister believes.

Recently, the Ministry of Agriculture has already submitted for public discussion a draft government decree, in which it proposed to include dairy products in the list of types of agricultural products that will receive increased compensation for export transportation costs. According to the Ministry of Agriculture, on April 19, average producer prices for raw milk amounted to 31.1 rubles per kg, excluding VAT. In monthly terms, the price decreased by 4.2%, in annual terms, by 0.4%. Butter prices (82.5% fat) amounted to 643.8 rubles per kg, including VAT. In the month, it decreased by 1.1%, in annual terms, it increased by 4.9%. The price of cheese amounted to 492 rubles per kg, having decreased during the month – by 0.8%. The price of skimmed milk powder in monthly terms fell by 5.5%, in annual terms – by 15.1% and amounted to 218.6 rubles per kg, including VAT.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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