DairyIndex DIA continues to grow

According to the application Index DIA, the weighted average price of milk in Russia decreased by 0.2% to 27.18 rubles (about 0.33 euros)/kg, which is 5.7% higher than the price in October 2020. Prices for raw milk decreased in Novosibirsk and Altai regions. The increase in prices of milk was observed in Chelyabinsk, Moscow and Tyumen regions.

It is worth reminding that to get access to information about the prices for raw milk in all regions of Russia, users need to be registered on the page of Index DIA and enter current data on the price of raw milk.

http://www.dairynews.ru/company/country/russia/index/

The import price increased by 0.8% to 37.88 rubles (about 0.46 euros)/kg, compared to October 2020, the indicator is 9.5% higher. At the Trigon Dairy Trade auction, prices for skimmed milk powder, cheese, butter and whey powder increased. The price of butter, taking into account the strengthening of the ruble compared to the previous auction, increased by 7.1% to 446.25 rubles (about 5.41 euros)/kg, the price of cheddar increased by 5.4% to 351.2 rubles(about 4.26 euros)/kg, the price of skimmed milk powder increased by 4.3% to 252.05 rubles(about 3.06 euros)/kg. The price of whey powder increased by 0.1% to 88 rubles (about 1.07 euros)/kg.

At the 294th GDT (Global Dairy Trade) auction on October 19, 2021, prices for all dairy products increased.

The import price of a pair of skimmed milk powder + butter increased by 1.16% to 43.56 rubles (about 0.53 euros)/kg (1 kg in terms of milk). The import price of a pair of cheese + whey increased by 0.6% to 34.33 rubles (about 0.42 euros)/kg. The price of whole milk powder remained at the level of 30.38 rubles (about 0.37 euros)/kg.   

The new value of Dairy Index DIA will be published on November 1, 2021. 

The Agency launched the mobile app INDEX DIA for iOS and Android. You can now install the mobile app INDEX DIA by the following links: 

In App Store: 

https://itunes.apple.com/us/app/milk-price-index-rdrc/id1434076000?l=ru&ls=1&mt=8

In Google play:

https://play.google.com/store/apps/details?id=com.dairynews.rdrc

Dairy Index DIA
Dairy Index DIA is calculated based on two key indicators, the weighted average price of milk in the Russian regions and the import price index. To calculate the weighted average price, the Agency developed and launched a crowdsourcing application Index DIA, which allows accumulating current data on the prices of raw milk in Russian regions from direct market participants, producers and processors of milk. The import price index is determined based on the prices of key exchange dairy products – skimmed milk powder, whole milk powder, butter, cheese and whey powder. The prices of imported dairy products are based on the prices of dairy products of the Belarusian universal commodity exchange (BUCE) and the prices at the sites of Trigona Dairy Trade and GlobalDairyTrade.