DairyIndex DIA slowed down the growth
According to the application Milk Price Index DIA, the weighted average price of milk in Russia increased by 0.3% to 27.88 rubles (about 0.34 euro)/kg, which is 7.4% higher than the price in November 2020. Prices of raw milk decreased in Altai and Leningrad regions. The increase in prices of milk was observed in the Chuvash Republic, Bryansk and Moscow 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 decreased by 0.4% to 40.60 rubles (about 0.49 euro)/kg, compared to November 2020, the indicator is 18.09% higher. A key factor in the decline of import prices was the decrease in prices of butter. At the BUCE auction, the price of butter decreased by 2.2%. At the Trigona Dairy Trade auction, the price of butter also decreased, the prices of skimmed milk powder, whey powder and cheese remained at the level of the previous auction. The price of butter, taking into account the weakening of the ruble compared to the previous auction, decreased by 1.2% to 435.9 rubles (about 5.28 euro)/kg, the price of cheddar increased by 0.7% to 349.6 rubles (about 4.23 euro)/kg, the price of skimmed milk powder increased to 263.2 rubles (about 3.19 euro)/kg. The price of whey powder increased to 91.3 rubles (about 1.11 euro)/kg.
At the GDT (Global Dairy Trade) auction, growth continued. At the 296th auction on November 16, 2021, prices of all exchange-traded dairy products increased again.
The import price of a pair of skimmed milk powder + butter decreased by 0.9% to 47.23 rubles (about 0.57 euros)/kg (1 kg in terms of milk). The import price of a pair of cheese + whey increased by 0.11% to 36.31 rubles (about 0.44 euro)/kg. The price of whole milk powder remained at the level of 34.34 rubles (about 0.42 euro)/kg.
The new value of Dairy Index DIA will be published on November 29, 2021.
The Agency launched the mobile app MILK PRICE INDEX DIA for iOS and Android. You can now install the mobile app MILK PRICE 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.
