Milk News, February 8th, 2024

The seasonal increase in the supply of raw materials there also continued in the last week of January. Compared to the 3rd calendar week, around 0.4% more raw milk was registered in the 4th calendar week. This means that the supply of raw materials in the first month of 2024 is around 1.8 percent lower than in January of the previous year. Spot market milk was traded at a...

Expert Opinion: 

The bottom line is that the milk market is stable. However, the improved international competitiveness is limited by the high transport costs due to the location on the Red Sea. Consumer demand is decent, but is currently not providing any stimulus.