우유 insights

[Korean Farmers and Fishermen Newspaper, Reporter Ikino] Recently, concerns have emerged that the growing burden of powdered milk inventory for dairy companies could threaten stable raw milk production. This is due to the mismatch between seasonal demand and supply, which inevitably leads to unused raw milk, combined with a decrease in milk consumption, making it highly likely that the burden of powdered milk inventory will become chronic. Additionally, most of the powdered milk manufacturing facilities owned by individual dairy companies are aging, which is also a problem. The need to establish powdered milk manufacturing facilities with a public character is emerging as an urgent task. According to the Dairy Promotion Association, as of May last year, the powdered milk inventory was 12,871 tons, following 12,079 tons in May 2021.

[Livestock and Fisheries News=Reporter Ahn Hee-kyung] The average price of 6-7 month-old heifer calves last month was 2,928,000 won, which is an increase of about 13% compared to 2,544,000 won earlier this year. In some regions, prices reached 3,000,000 won, and the price of bull calves is also on the rise. The Hanwoo industry views this trend in calf prices as a reflection of both the decrease in the number of calves and the rising willingness of Hanwoo farmers to raise them. We will forecast the supply and demand of Hanwoo through the price trends of Hanwoo calves. # Calf prices rise According to the price trends of Hanwoo by the Livestock and Fisheries Quality Evaluation Service

Stoyan Stoyanov is a livestock farmer from Ahtopol who has been raising cows for more than two decades. Four years ago, he decided to expand his farm and thus invested in purchasing buffalo – animals that he greatly likes. Instead of expected support, however, Stoyanov encountered a problem that surprised him: in Bulgaria, there is no scheme to support buffalo in the meat production sector, which practically leaves him out of all subsidies. "I have been involved in livestock farming since 2001. I have cows that are in the meat production sector and four years ago I also bought buffalo. Since then, however, I have not received any subsidies for them – neither direct payments, nor Ukrainian aid, nor de minimis – nothing," he explained to Agri.BG. According to Stoyanov, the main problem is that there is no separate category for buffalo in the meat production sector in the national legislation and support schemes. This forces farmers like him to prove production through milk – and ...