Milk production and dairy product prices increased in Russia

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Milk production in Russia in the first half of 2024 will increase by 3% compared to the previous year, reaching about 13.2 million tons. The publication writes about this “Kommersant” Citing a study by the National Milk Producers Association (Soyuzmoloko).

Various dairy products also showed growth: cream production increased by 23% to 146.5 thousand tons, cottage cheese and its derivatives production increased by 9% to 334.5 thousand tons, ice cream production increased by 14% to 260.3 thousand tons, and yoghurt production increased by 14% to 260.3 thousand tons. by 13% to 330.6 thousand tons.

The smallest growth was in sour cream (+2% to 242.9 thousand tons), kefir (+1% to 400.4 thousand tons) and cheese products (+1% to 85.0 thousand tons).

Despite the increase in production volumes, retail prices for dairy products did not fall and remained below food inflation in the country. Market participants note that the cost of the final product was affected by the increasing costs of producers due to increased logistics and raw material prices. From May 2023 to May 2024, milk and dairy product prices in Russia increased by 4.23% compared to last year.

Russians before It has been saidShould we expect a significant increase in the price of ice cream?

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