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Milk, Pork Purchase Prices on Rise in Estonia

28 December 2016

ESTONIA - Purchase prices in the livestock sector have started to increase in Estonia this year, with the average purchase price of pigs being seven and milk purchase price being 2.5 per cent higher than one year ago, it appears from a third-quarter survey carried out by the Ministry of Rural Affairs.

"Signs of adaptation can be seen in the livestock sector," said Deputy Secretary General for Agricultural and Rural Life Policies Marko Goran in a press release.

"The low ebb of the milk market that has continued for a long time has had a negative effect on the purchase price of milk and cattle numbers. Yet the productivity of cattle has grown despite the difficult situation and milk output has stabilized on the level of recent years."

In the first nine months of the year, approximately 7,000 tons more milk was produced in Estonia than during the same period in 2015. The average purchase price in September was 233 euros per ton, a 2.5 per cent increase year over year, reports News.Err.

ThePigSite News Desk

Top image via Shutterstock



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