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Information on average milk procurement prices in August 2013

An average milk procurement price in August 2013 (3.95 per cent fatness and 3.320 per cent albuminousness) amounted for 1 050, i.e. by 4 per cent (from 1 010 Lt/t to 1 050 Lt/t) higher, than in July. Average basic indexes milk procurement price of increased by 3.2 per cent, compared to July.
In August, 2013, an average natural milk purchase price increased by even 36 per cent ( from 771 Lt/t to 1 050 Lt/t), compared to the correspondent period of the previous year.
In August, 2013 natural milk purchase figure showed 141.7 thousand tons, i.e. by 2.8 per cent less than in the correspondent period of the previous year (145.8 thousand tons).
In January-August natural milk purchase figure showed 884 thousand tons, i.e. by 2.9 per cent less than in the correspondent period of the previous year (911 thousand tons).
In five months of 2013-2014 quota year milk processing quota was implemented by 34.96 per cent (compared to 36.56 per cent in quota a year ago).


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Dairy market
In summer 2014, Lithuanian milk processing companies sold much more butter and condensed milk containing no sugar or other sweeteners to other EU countries In August 2014, compared to August 2013, the production of skimmed milk powder (SMP) and lactose in the United States increased In summer 2014 amounts of purchased milk increased in Lithuania, however the milk producers weren’t happy with milk purchase prices In January – July, 2014 the EU increased purchase amounts of raw natural milk State Enterprise Agricultural Information and Rural Business Centre counted a new and additional milk quota 2014–2015 for the milk producers Private Storage Aid for cheese closed According to the preliminary data of August, 2014 Lithuania and the EU showed the largst decrease on butter and the skimmed milk powder prices In July, 2014, compared to the same period a year ago, the U.S. increased production of raw milk, cheese and lactose Support measures for dairy products are being implemented Promotes application of voluntary restrictions of production and reducing the quotas
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