According Yarmak, the index of notional profitability of milk production (UMI) fell last month by 3.5%. This decrease was the first time since 2010. In the past five years, this index grew only by an average of 3.6%.
As a result, last month the dairy profitability index was 15.8% lower than in the same period last year and 30.3% lower than the average for the last five years.
The main reason for such a significant collapse - the rise in price of concentrated feed. Plus, the procurement price of milk decreased by 0.9%.
At the same time, according Yarmak, the results of 7 months of this year, the profitability of milk production was 6.7% higher than the same period last year. This was achieved thanks to the strong performance of the first 4 months of 2016