Milk production profitability, as measured by the Ukrainian Dairy Index, decreased by 14% last year, Andriy Yarmak, FAO economist, writes on Facebook. The main culprit was concentrated feed which jumped in price by 22%. In addition, world prices for dairy products are down – protein by 4%, cheese by 6%, and milk fat by 8%. Despite government incentives, Ukraine’s national dairy herd is gradually shrinking.
Milk production profitability, as measured by the Ukrainian Dairy Index, decreased by 14% last year
