British pound at historic low / Exchange rate, June 4, 2024
Today, June 4, 2024, in the foreign exchange market, t...

From the month of June, livestock farmers of small farms in Lushnja and Fier have been notified of another drop in the price of cow's and sheep's milk, which is collected from the processing factories.
According to livestock farmers in the Myzeqe area, cow's milk from large and medium-sized farms is being collected at a price of 65 to 67 Lek without VAT per liter from 78 Lek without VAT that was before. While from small farms, milk is collected at a price of 60 Lek excluding VAT per liter.
Cattle breeders of small farms claimed that since June they have been informed by collectors that cow's milk will be bought for 55 Lek per liter without VAT or 15% less than it is sold.
A price drop has also been announced for sheep's milk, from 120 Lek per liter without VAT that is currently sold, the price is expected to drop to 100 Lek per liter without VAT or 16% less.
The drop in milk prices has also been announced by collectors in the Korça area, according to Taulant Pupa, the manager of the milk processing factory "Vita 2001" in Nizhavec, Pogradec.
"It has been announced that the price of cow's milk will drop from 60 ALL to 57 ALL per liter without VAT, sheep's milk from 140 to 130 ALL per liter without VAT, and goat's milk from 90 ALL to 80 ALL per liter without VAT", he said.
Ervin Resuli, an expert in agriculture, claims that the price of collecting cow's milk, 55 ALL per liter, is equal to the nutritional cost of the animals.
According to him, a farmer spends 1,200 to 1,300 lek per day just for feeding a cow, while the net profit, excluding the farmer's costs for maintaining the farm and repaying loans, is calculated to reach up to 3 euros per day or about 1 thousand euros per year. .
Ervin Resuli predicts that the drop in the price of milk, especially small milk, will lead to the shrinking of cattle herds and bankruptcies for livestock farmers.
"In 2023, when the dairy milk produced by the farmer was sold at high prices of 120 to 180 lek, the number of dairy cows increased, as it was profitable for the farmer to keep cattle. For the year 2024, we have a decrease in the price of dairy milk, but we also have a contraction of dairy herds. If the farmer sells sheep's or goat's milk for less than 140 ALL per liter, bankruptcy is guaranteed for him", underlines Resuli.
In April, due to the conflict with the prices from the factories, no milk was bought from the large and medium-sized farms. The only ones who sold milk at a price of 60 ALL without VAT per liter were the small farms.
The reduction in the selling price forced the livestock farmers to protest twice, in defense of their production, demanding more subsidies from the Albanian state.
Despite occasional price reductions, processing factory managers claim that the price of domestically produced cow's milk is 38 cents per liter more expensive than milk imported as raw material from Slovenia, Serbia or Hungary, including taxes and transportation costs.
Both for experts and processors, the main reason for the high cost of local production remains the low subsidies in the country compared to the region. /Monitor
Today, June 4, 2024, in the foreign exchange market, t...
Today, on June 3, 2024, in the foreign exchange market, th...
Today, on June 2, 2024, in the foreign exchange market, th...
Today, on June 1, 2024, in the foreign exchange market, t...
In a series of 6 standard questions, used by the Barometer...
The economic growth mainly driven by the high flow of ...
After numerous debates caused by the incorrect implementat...
Today, on May 31, 2024, in the foreign exchange market, th...
Water prices for five other municipalities in the country ...
Lending to the economy continued to grow at a fast pace ev...
Today, on May 30, 2024, in the foreign exchange market, th...
Today, on May 29, 2024, in the foreign exchange market, th...
Governor Gent Sejko in the Economy Commission has revealed...
Today, on May 28, 2024, in the foreign exchange market, th...
The General Directorate of Taxes has clarified that busine...
Today, on May 27, 2024, in the foreign exchange market...
From January 1, 2023, after the implementation of the chan...
The cost of communication services for Albanians increased...
The survey of "Monitor" with economic experts has shown th...
Artificial Intelligence will affect almost 40% of jobs wor...
The in-depth investigations that SPAK conducted into Ajola...
SPAK's standards, the way it investigates, how it secures ...
Irfan Hysenbelliu claims to be a big businessman, an hones...
The murder of officer Enea Mekolli in the line of duty has...
The Special Board of Appeal (KPA) decided this Monday ...
The KPA vetting decided this Thursday to dismiss the p...
Suela Salavaçi, a prosecutor in the Prosecutor's Offic...
The Special Board of Appeal reinstated the prosecutor ...
Policia e Tiranës ka ndarë pak minuta më parë një thirrje ...
A violent conflict occurred between two people in Velipoja...
The police have reacted to the murder of citizen AB in Kam...
Tirana Police Director, Oliger Torba, gave a statement to ...
On Monday, our country will be affected by relatively stab...
More than 860 million people fall ill and 1.5 million die ...
The mother of Violand Braçellari, the perpetrator of the s...
The modern European traveler seeks a meaningful connection...
Iran's military's central command announced a halt to airs...
The city of Utsunomiya, about 100 kilometers north of Toky...
At least 32 people have died after a 7.8-magnitude earthqu...
The European Union's (EU) foreign policy chief says member...
Korça has transformed this weekend into the capital of cel...
Korça is ready to open the summer season with one of the c...
Two years after his passing, the renowned Korçë poet Skënd...
The Ethnographic Museum of Berat has opened its doors to v...
Kursi i këmbimit mes euros dhe lekut e ka nisur javën në r...
The construction sector is going through a challenging per...
This Monday, one US dollar is bought for 81.8 lek and sold...
The tourist apartment market is continuing to expand at a ...