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.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

The future of real estate industry is here already

The Fourth Industrial Revolution (4IR) is already affecting every corner of economy and our lives, and...

China national TV’s attention to Lithuanian business

On November 5–10, Shanghai is hosting the China International Import Expo 2018. Invitations to the...

Lithuania to further promote quality standards in FinTech sector: official

Number of FinTech companies in Lithuania increased threefold in the last year, however the Baltic...

Salary growth in the Baltic States. Estonia leads, Lithuania is not far behind

According to the biggest remuneration survey in the Baltics, conducted by “Baltic Salary Survey”,...

PM sees no grounds for new economic crisis

Lithuanian Prime Minister Saulius Skvernelis says he sees no grounds for a new economic crisis to...