Lithuania: Milk price scissors did not spoil annual statistics
The dairy sector was the first to suffer the consequences, with demand and prices for raw milk falling as a result of the drop in exports. However, statistics show that as the market situation started to improve in the summer, the average milk purchase rates in 2020 were almost no different from 2019.
According to the data of the Department of Statistics, in 2020, 1,348 thousand people were bought. tonnes of natural milk. Meanwhile, in 2019, it was bought 0.1 per cent less, i.e. 1,346.9 thousand. Tons.
Last year, the average annual purchase price of natural milk was EUR 287 per tonne. Compared to 2019, it was only 0.7 per cent lower (EUR 289 per tonne).
In 2020, not only seasonal fluctuations but also the COVID-19 pandemic are the cause of the emergence of price scissors, which have led to differences of up to 30%.
However, already since June, the purchase price of milk has only increased. According to the data of the State Enterprise Agricultural Information and Rural Business Centre (ŽŪIKVC), in February of this year the average purchase price of natural milk reached EUR 319.26 per tonne, which is the highest price since 2018. The UAA also provided the forecast price for March (actual to be published in the last week of April) at EUR 316.61 per tonne.
At the beginning of the first quarantine, the purchase prices did not delight milk producers and throughout Europe. In many countries, they fell sharply downwards and only since the beginning of summer have they started to rise significantly again.
ŽŪIKVC monitors not only milk purchase prices, but also investigates the average retail prices of the main agricultural and food products in the shops of the major supermarket chains in Lithuania.
In week 13 of this year, an examination of the average prices of 16 dairy products showed that since the beginning of the first quarantine, as many as 12 of them have become cheaper, 3 have become more expensive and another 1 product price has remained unchanged.
The most expensive fermented cheeses are Gouda,lean cottage cheese, greased fat mixture and butter, while only fermented hard long-maturation cheeses have become more expensive. ■