Russia: Dairy and Products Annual
FAS/Moscow forecasts annual domestic milk production to decline two percent in CY 2015 (to 29.3 MMT). In turn, imported fluid milk is forecast to remain flat (375,000 MT) as dairy processors continue to take advantage of the market opportunities for high-value dairy products. Production estimates for cheese (460,000 MT), butter (240,000 MT), and NFDM (85,000 MT) are expected to marginally increase next year, while WMP production is forecast to fall slightly from increased production levels in 2014. Imports of dairy products are expected to remain flat or increase slightly when compared to reduced 2014 import levels which have been impacted, in part, by Russia’s decision to ban imports from several foreign suppliers.
