The price of milk decreased due to the fall in import price

According to the application Index DIA, the weighted average price of milk in Russia decreased by 0.19% to 26.32 rubles (about 0.31 euros)/kg, which is 4.2% higher than the price in June 2020. The decline in prices for raw milk was observed in Altai, Tula and Kaluga regions. The increase in price of milk was observed in Yaroslavl and Krasnoyarsk regions.

По данным приложения Index DIA средневзвешенная цена на молоко в России снизилась на 0,19% до 26,32 руб/кг, что на 4,2% выше цены июня 2020 года. Цены на сырое молоко снизились в Алтайском крае, Тульской и Калужской областях. Рост цены на молоко наблюдался в Ярославской области и Красноярском крае.  

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 index decreased by 2.3% to 36.10 rubles (about 0.42 euros)/kg, compared to the level of June 2020, the indicator is 16.45% higher. A key factor in the decline in the indicator was the decrease in the share of skimmed milk powder + butter in the calculation of the indicator. DIA analysts have updated data on the volume of imports of exchange-traded dairy products according to the latest statistics of the Federal Customs Service. The volume of imports of skimmed milk powder, whole milk powder, butter and whey powder decreased, and the volume of imports of cheese increased. The share of the most expensive pair of skimmed milk powder + butter in the calculation of the import price, decreased, while the shares of whole milk powder and the pair of cheese + whey increased. The share of the import price in the calculation of the Dairy Index DIA decreased from 30.85% to 27.43% against the background of a decrease in import volumes and an increase in milk production, which was an additional factor in the decline in the Dairy Index DIA.

At the same time, the prices of butter continued to rise at the BUCE auction, the price of butter increased by 1.6% last week. At the auction of Trigona Dairy Trade, prices for whey powder and butter decreased while prices for skimmed milk powder and cheese remained at the level of the previous auction. The price of butter, taking into account the strengthening of the ruble compared to the last auction, decreased by 3.8% to 333.8 rubles (about 3.88 euros)/kg, the price of cheddar decreased by 1.3% to 307.78 rubles (about 3.58 euros)/kg, the price of skimmed milk powder decreased by 1.3% to 223.7 rubles (about 2.60 euros)/kg. The price of whey powder decreased by 3% to 90.2 rubles (about 1.05 euros)/kg. 

The 286th Global Dairy Trade auction of June 15, 2021 ended with a decline again. The price index for dairy products decreased by 1.3%, and prices for butter and milk powder continued to decline.

The import price of a pair of skimmed milk powder + butter decreased by 0.5% to 39.75 rubles (about 0.46 euros)/kg (1 kg in terms of milk). The import price of a pair of cheese + whey decreased by 0.6% to 34.02 rubles (about 0.40 euros)/kg. The price of whole milk powder increased by 0.44% to 29.92 rubles (about 0.35 euros)/kg.   

The new value of Dairy Index DIA will be published on June 28, 2021. 

The Center 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 Index of import price. To calculate the weighted average price, the Center developed and launched a crowdsourcing application Index DIA, which allows accumulating current data on the prices of raw milk in the Russian regions from direct market participants, producers and processors of milk. The Index of import price is determined based on the prices of key exchange dairy products – skim 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.