International Internet Magazine. Baltic States news & analytics
Tuesday, 25.04.2017, 23:21
In March 2017, the average milk purchase price in Latvia dropped by 1.7 percent from February, according to preliminary figures released by the Latvian Central Dairy Association writes LETA.
Keyword tags: Agriculture, Foodstuff, Latvia, Markets and Companies
A new system of electronic certification is being introduced in EU to monitor imports of organic products. The digital system makes the European Union a global leader in traceability and in the collection of reliable data on trade of organic products.
The data compiled by the Central Statistical Bureau (CSB) show that in 2016, the total price index of agricultural output * fell by 0.9%, which was mainly due to the 1.5% decline in prices of crop products. The price index of livestock products reduced slightly – by 0.4%.
The median price of arable land in Estonia increased 8 percent year over year to 2,700 euros per hectare in 2016, according to the figures published by the Land Board writes LETA/BNS.
Latvia’s largest egg producer Balticovo will invest about EUR 3 million in a new grain processing and storing complex in Bene, southern Latvia, the company reported LETA.