Prices for vegetables, milk and meat in Ukraine
Vegetables
As the analyst noted, vegetables are a seasonal product, the price of which decreases as the new harvest arrives. “Therefore, during July, we should expect a decrease in the price of all types of vegetables, especially with the arrival of open-ground vegetables. And even the inflationary processes occurring in the country due to the war, will not receive this decrease,” she believes.
Milk
Dairy prices were more or less stable in June, and have remained flat for the past couple of weeks. Although all over the world the price of milk is rising due to the increase in feed and energy prices, in Ukraine, low prices for grain crops due to their excess supply support the stability of the cost of milk production, predicts Lytvyn.
Meat
As the expert noted, perhaps the most interesting changes that will be observed in the meat sector. “If we talk about beef, then meat processing complexes almost do not buy it, because the market is currently oversaturated. Beef is a more export-oriented product that is hardly sold abroad due to port blockages. Therefore, we can say that the price of beef will not change in the near future, but may even “sag” by 2-3%,” Lytvyn believes.
Concerning pork the situation is more complicated, the analyst stressed. The industrial offer has decreased due to the exit of the market of manufacturers of the eastern and southern regions. This in turn pushed up the prices. “Currently, they will not grow rapidly in the near future, due to the fact that 9 thousand tons of pork were imported in June, which is almost 4 times more than in June 2021. This is to increase the domestic supply and prevent price increases,” she said. .
WITH chicken prices are stable and will not change in the near future. “All the same, low prices for grain crops support further price growth for the meat group as well,” – predicts the UKAB analyst.