Indicated milk price in the European market decreased even more, it is the lowest it has been for 18 months. On 31 July, milk price stood at LTL 1,19 (EUR 0,35) per 1 kilogram. It is by LTL 0.03 (EUR 0.01) less than one week ago.
© Shutterstock nuotr.

Milk producers should be concerned with such price decline as indicated milk price has been steadily decreasing since December 2013.

Over the past seven months, milk price declined by 20 percent, then the price was EUR 0,48/kg.

It is forbidden to copy the text of this publication without a written permission from ELTA.

Government renounces banking asset tax but proposes additional corporate tax

Lithuania's government is leaning towards "burying" the planned banking asset tax and is proposing...

Lithuania wants Rail Baltica infrastructure to be owned by individual states

Lithuania is seeking that the European standard-gauge railway Rail Baltica 's strategic...

Finland's proposal leads to steeper EU funding cuts for Lithuania

A long-term budget proposal by Finland , which holds the EU's rotating presidency, may...

Lithuania is planning to test modern experimental battery energy storage

Lithuania is planning to test in real time a modern experimental battery energy storage (BES) system...

Tomasevski: Transport minister won't approve railway electrification contract

Lithuanian Transport and Communications Minister Jaroslav Narkevic , delegated to the post by the...