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.

Finland seeks Lithuanian talents: country lets to experience local life

Next week (19-24 Aug.), five international talents will visit Finland . The winners are from...

Used car market up 4 pct

Some 110,700 newly-imported used cars were registered in Lithuania January-July, up 4 percent from...

Kupsys: PNB Banka's collapse bad for Baltic banks' reputation

The collapse of another Latvian bank, PNB Banka , has a negative impact on the whole Baltic banking...

Franch investor buys Danpower Baltic

French renewable energy group Idex , part of Antin , one of the largest investment companies in...

Zalatorius on PNB Banka closure: Latvia continues its bank cleanup

Latvia continues to clean up its banking sector, the head of the Lithuanian Banks' Association (LBA)...