The Ministry of Agriculture and Food has amended the minimum export prices for certain dairy products by Resolution No. 125 of November 11. The document was published today on the National Legal Internet Portal and will take effect on November 13.
Prices for butter supplied to the Russian market have been increased by 50 Russian rubles. Butter with a fat content of 80% or more must now be exported to Russia at no less than 620 Russian rubles per kilogram, while butter with a fat content between 72% and 80% must be priced at no less than 550 rubles. As a result, the ministry has returned butter prices for Russia to the level that existed before October 31, when they were reduced by 50 rubles. Prices for butter exported to other regions remain unchanged.
Another adjustment concerns whole milk powder. The minimum export price for deliveries outside the EAEU and CIS, as well as to Georgia, has been reduced by $0.20 to $3.10 per kilogram.