Estonia: Estonian Dairy Industry Suffers from the Russian Import Ban

It is estimated that in 2015 milk deliveries in Estonia will decline by 3 percent compared to the previous year’s level. The Russian import ban reduced export demand and resulted in a drop of farm-gate milk prices. It is estimated that in 2015 a higher share of milk production will be processed into butter and non-fat dried milk, which can be sold or stored within the EU intervention programs or exported. In response to the European Commission’s market intervention measures until November 15, 2015, Estonia placed 8,921 of Non Fat Dried Milk into PSA stocks. 

Estonia: Estonian Dairy Industry Suffers from the Russian Import Ban