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Россия 27.07.2020

Mikhail Mishchenko: the heat has no influence on the dynamics of milk prices

Источник: The DairyNews
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According to the Director of the Dairy Intelligence Agency, today the dynamics of milk price does not depend on weather conditions. According to the expert, the price of raw milk has a downward trend, but the factors are completely different, reports The DairyNews.

"Today, the price of raw milk is primarily affected by the exchange rate. It is obvious that in the domestic market, participants are trying to reduce the price by all means, and it is gradually going down. The falling ruble is a kind of buffer in the market, supporting the price, which gives hope that farmers will not suffer much. We are unlikely to see a serious reduction in prices, but there is an objective downward trend", Mikhail Mishchenko said. 

According to the expert, in modern conditions, the weak ruble can help the domestic producer - it supports the price of milk in the territory of the Russian Federation, and allows producers to be more competitive.

"It gives priority to domestic producers and suppliers of feed, agricultural machinery and equipment. I believe that this is a positive moment", concluded Mikhail Mishchenko.

Read more at © DairyNews.ru

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