Belarus increases minimum export prices for dairy products to Russia again

Belarus' Agriculture and Food Ministry has once again raised the lowest minimum prices for specific types of goods sold under foreign trade agreements, with the ministry officially publishing the corresponding resolution No. 80, dated July 30, 2024, on the national legal internet portal.

Commodity Prices

The resolution indicates that as of August 1, milk and cream, condensed milk, powdered milk, granulated milk or other solid forms of milk with fat content above 1.5% by weight, without added sugar or other sweetening agents, may not be sold to Russia for less than 360 Russian rubles (USD4.24) per kilogram (previously 350 rubles); butter with milk fat content of 80% or more may not be sold for less than 690 rubles (8.12)per kilogram (previously 670 rubles); butter with milk fat content of more than 72% but less than 80% may not be sold for less than 620(USD 7.3) rubles per kilogram (previously 600 rubles); cheese with fat content of 45% and below may not be sold for less than 410 rubles  (USD 4.83)per kilogram (previously 400 rubles); and cheese with fat content above 45% may not be sold for less than 415 rubles per kilogram (previously 405 rubles).

The country's Agriculture and Food Ministry earlier this year raised the minimum prices for exporting dairy products to the Russian market on March 8 and 23, April 2 and 12, June 22, and July 12 and 18.