Raw milk prices will continue to rise in 2025

Raw dairy products have already risen in price by 30% compared to 2023, Dmitry Mironchikov, partner at the consulting firm Agromilya, told the publication. In his opinion, price growth next year will continue due to the growth in real incomes of Russians and the subsequent growth in consumption, but production will not be able to meet the growing demand immediately.

There is seasonality in the milk market: in winter the price is usually higher than in summer, says Artem Belov, general director of Soyuzmolok. The average purchase price on the raw milk market for all categories of farms is currently 44 to 46 rubles per liter without VAT.

Spot prices for one-time supplies with short delivery times can reach 60 rubles per liter, depending on the region. Belov believes that prices will also be affected by changes in the cost of feed, fuel costs, energy and workers’ salaries. In addition, like any business, the agricultural complex is influenced by the size of the key rate of the Central Bank.

In 2025, the rate on preferential investment loans issued between 2017 and 2022 will increase from 5% to half of the Central Bank’s key rate and the level of state support for such loans will be reduced, Belov noted.

As a rule, milk prices peak in November, after which the decline begins in March, but this year they also rose in December, adding 1.5 to 2 rubles depending on the region and farm, Molvest CEO Anatoly Losev told the publication. In his opinion, this is due to rising costs and the inability of dairy producers to quickly meet increased demand. The prices correspond to the current market situation and their increase can increase the profitability of dairy plants, the senior manager noted.

• At the end of November, the largest dairy producers, after negotiations with retail chains and regulators, agreed to reduce prices for socially important products. Milk in economy packaging with a fat content of 2.5% will be cheaper, the price of which will be reduced by about 10%, and peasant butter with a fat content of 72% – by 10%.
• There is also a shortage of raw materials in the butter market, which is why manufacturers warn of rising prices and reduced supply. Several companies already raised the prices of their products in October. In particular, H&N increased the cost of butter by 2%, Wimm-Bill-Dann by 3.4%, Savushkin, Agrosila, Alabuga Sote and Molvest by 10%, Milkom by 16% and Almetyevsky by 20%. %.