Global coffee bean production in the 2025/2026 agricultural season will increase by 2.5% to reach a record 178.68 million bags (60 kg each), according to a report by the US Department of Agriculture.
At the same time, the arabica harvest will decrease by 1.7% to 97.02 million bags, while robusta will increase by 7.9% to 81.66 million bags.
Due to the increase in production, global carryover stocks will increase by 4.9% to 22.82 million bags by the end of the season.
“During the current week, coffee prices fell, in particular for Arabica fell to a 5.5-month low amid reports of improved weather conditions in the Brazilian coffee-growing states of São Paulo and Minas Gerais,” the report said.
As reported, at the end of last year and the beginning of this year, the world market saw a high growth in coffee prices. Thus, in February, coffee prices doubled in annual terms. In particular, this was due to the fact that traders were worried about the prospect of insufficient supplies from Brazil, which is the largest producer of Arabica coffee.
In Ukraine, in June 2025, milk in film, kefir in tetrapak and glass, cottage cheese and Suluguni cheese fell in price, while other dairy products rose in price, the Association of Milk Producers (AMP) reported.
The industry association noted that pasteurized milk with a fat content of up to 2.6% in the film in June 2025 averaged 45.65 UAH/kg, which is 75 kopecks (-2%) less than in the previous month, but 6.48 UAH (+17%) more than in the same period last year.
Pasteurized milk with a fat content of up to 2.6% in a plastic bottle averaged 63.81 UAH/kg, which is 21 kopecks (+0.3%) more than in May and 12.29 UAH/kg (+24%) more than in June 2024. Kefir with a fat content of 2.5% in the film cost an average of 55.54 UAH/kg, which is 37 kopecks (+1%) more than a month ago and 7.98 UAH (+17%) compared to last June.
Sour cream with a fat content of 15% in glasses averaged 191.13 UAH/kg, which is 4.04 UAH (+2%) more than in the previous month and 51.17 UAH/kg (+37%) compared to the same period last year.
The average price for drinking yogurt from 1.6% to 2.8% in plastic bottles amounted to UAH 116.44/kg and was UAH 2.15 (+1.9%) higher than in May and UAH 23.24 (+25%) higher than a year ago.
The average price for cottage cheese with a fat content of 9% was UAH 279.80/kg and was UAH 7.39 (-3%) lower than the average price of the previous month, but UAH 56.50 (+25%) higher than the price in June last year.
Domestically produced butter with a fat content of 72.5% to 73% costs an average of UAH 584.82 per kg, which is UAH 11.18 (+1.9%) more than in the previous month and UAH 162.63 (+39%) more than a year ago.
Dutch cheese with a fat content of 45% averaged 590.64 UAH/kg. Compared to the previous month, the product went up by UAH 12.77 (+2%), and compared to the previous year, it went up by UAH 139.41 (+31%).
The average price of Gouda cheese with 45% fat content from Ukrainian companies averaged 593.14 UAH/kg, exceeding the price of the previous month by 5.74 UAH (+1%), and last June by 131.50 UAH (+28%).
Over the past month, prices for pasteurized milk with a fat content of up to 2.6% in film, kefir with a fat content of 2.5% in tetrapak and glass, cottage cheese with a fat content of 9%, and Suluguni cheese have fallen in Ukraine. Prices for other dairy products in the consumer basket either remained unchanged or went up by 2.9% on average, said AVM analyst Giorgi Kukhaleishvili, quoted in the report.
He noted that butter is rising in price following high global commodity prices. In particular, the price of butter in the EU in May was at the level of EUR7200-7400 per ton, which is almost a record high that has not been recorded since 2017-2018.
Increased supply and consumption of imported cheeses in the domestic market hampers sales of domestic cheese producers. The share of imported cheeses in the domestic market reached 47%, the association stated.
According to the results of 2024 and the first quarter of 2025, IMC (Industrial Milk Company) is in good financial condition, intends to reduce its debt below $20 million by the end of the year and will return to paying dividends, IMC CEO Alexander Verzhikhovsky said in an interview with the Polish edition of parkiet.com.
He noted that as of the end of March 2025, IMC had $44.7 million in cash and cash equivalents, which is 73% more than a year earlier. This allows the agricultural holding to reduce its financial debt as planned.
According to the CEO of the agricultural holding, IMC’s debt as of the end of 2024 amounted to more than $23 million, compared to $46 million at the end of 2023.
“This year, we are striving to further reduce our debt and plan to bring it down to below $20 million. At the same time, we have returned to paying dividends and are working to share our profits with shareholders in the form of significant dividends next year,” the IMC CEO emphasized.
In addition, he said that in March 2025, IMC completed investments in its own rolling stock. In total, since 2024, the company has invested about $22 million in the purchase of a fleet of 300 grain carriers.
Verzhykhovsky explained that owning grain cars allows the agricultural holding to largely abandon the use of leased cars for grain transportation to ports. “Currently, IMC can transport up to 80% of our annual grain production with its own railcars.
In addition, in 2024, the agricultural holding invested heavily in the renewal and modernization of its fleet, which directly affects the production processes related to soil preparation, sowing campaign, their efficiency and optimization of operations.
“IMC intends to maintain annual investments in equipment, technology and infrastructure modernization at the level of $10-12 million. The company does not plan to issue shares or increase debt. Investments will be made at the expense of own funds,” summarized IMC CEO.
IMC Agroholding is an integrated group of companies operating in Sumy, Poltava and Chernihiv regions (north and center of Ukraine) in the crop production, elevators and warehouses segments. The land bank is 116 thousand hectares, storage capacity is 554 thousand tons, with a harvest of 864 thousand tons in 2024.
IMC ended 2024 with a net profit of $54.54 million compared to a net loss of $21.03 million in 2023. Revenue increased by 52% to $211.29 million, gross profit quadrupled to $109.10 million, and normalized EBITDA increased 25 times to $86.11 million.
State-owned PrivatBank (Kyiv) will put up for sale its “bad” loans totaling UAH 5.2 billion through the SE SETAM platform, which will be open for bidding until July 30, 2025.
“PrivatBank offers professional market participants to register on the platform of the electronic trading system of the Ministry of Justice OpenMarket of SE SETAM until July 30, 2025 to acquire claims on a portfolio of consumer loans to individuals with a total debt of UAH 5.2 billion, which is the initial (starting) price of the lot,” the bank said on its website on Monday.
It is noted that the portfolio includes only the loan principal and accrued interest. The auction will be held in several stages: automatic gradual reduction of the starting price of the lot, submission of closed bids and open bids. The minimum selling price of a lot is 1.2% of the starting price.
According to the National Bank of Ukraine, as of April 1, 2025, PrivatBank ranked first in terms of total assets – UAH 945.4 billion, or 25.2% among 60 banks.
As reported, in 2025, PrivatBank had to put up for sale a portfolio of bad loans to individuals totaling more than UAH 5 billion.
The fixed real estate tax is more effective for community development than the share contribution, which was abolished by Law No. 132-IX for projects that began construction after January 1, 2021, Olena Shulyak, chairwoman of the Parliamentary Committee on the Organization of State Power, Local Self-Government, Regional Development and Urban Planning, told Interfax-Ukraine.
Shulyak, one of the authors of Law No. 132-IX, emphasized that communities already had a compensatory alternative at the stage of abolishing share contributions, namely a fixed real estate tax. This tool has a much higher potential for solving infrastructure problems, is easier to administer, and has much lower corruption risks than the share contribution.
“In fact, the share of equity participation in local budget revenues was very small – about 1%. These funds were not used for the construction of new kindergartens, schools and other infrastructure, and their intended purpose was not controlled. So, we have a real estate tax. I won’t say that it is a universal compensator, but now we see that it is already many times higher,” Shulyak said.
According to her, in 2020, local budgets received UAH 5.7 billion from this tax, in 2021 – UAH 7.8 billion, in 2022 – UAH 7.1 billion, despite the war, in 2023 – UAH 9.1 billion, in 2024 – UAH 10.7 billion, in 2025 (as of now) – UAH 4.3 billion.
“Regarding share contributions, we see the following figures: in 2020, the share participation funds amounted to UAH 1.4 billion, in 2021 – UAH 572 million, in 2022 – UAH 134 million, in 2023 – UAH 134 million again, in 2024 – UAH 199 million, and this year (as of now) – UAH 159 million,” the committee chairman cites the data for comparison.
Shulyak noted that equity participation as a tool has long been ineffective, and that is why it was abolished by law. However, according to her, this does not mean that communities do not have the right to defend their interests in court when it comes to cases that fall under the old legislation.
“Indeed, some communities, in particular Kyiv, remain active in legal disputes over equity participation. We are talking about situations where facilities received permits before 2020 but were completed later. In such cases, the legal basis for the claims is most often Article 1212 of the Civil Code of Ukraine – on unjustifiably retained property. As for other communities, we do not yet have centralized statistics on the number of lawsuits,” she said.
At the same time, in her opinion, if the agreement on the payment of equity participation was not concluded before the law on its abolition came into force, such charges are groundless.
Speaking about projects where the participants have changed during this time, Shulyak noted that if the new construction customer carries out construction in accordance with the construction permit issued to the previous customer before January 1, 2021, there are no grounds for non-payment of the share participation. However, if the construction permit was issued later than this date, the share participation is not paid.
“If the construction customer is implementing a completely new project – in terms of functionality, etc. – then in this case it is more expedient to terminate the previous permit and obtain a new one. Thus, the new permit will be obtained after January 1, 2021, and the construction customer will not have any obligations to pay the equity participation,” Shulyak recommends.
In January-May this year, Ukraine increased exports of processed pig iron in physical terms by 45.2% compared to the same period last year, up to 736,418 thousand tons from 507,106 thousand tons.
According to statistics released by the State Customs Service (SCS) on Friday, pig iron exports in monetary terms increased by 53.2% to $290.546 million during the period under review.
At the same time, exports were carried out mainly to the United States (79.11% of supplies in monetary terms), Italy (10.23%) and Turkey (5.90%).
In the first 5 months of the year, the country imported 29 thousand tons worth $55 thousand from Brazil (68.52%) and Germany (31.48%), while in January-May 2024, 15 tons of pig iron were imported for $35 thousand.
As reported, on March 12 this year, the United States began levying a 25% duty on imports of Ukrainian steel products, except for pig iron, in accordance with President Donald Trump’s decision.
In 2024, Ukraine reduced exports of processed pig iron by 3.4% in physical terms compared to 2023, to 1 million 290.622 thousand tons, and by 6.1% in monetary terms, to $500.341 million. Exports were mainly to the United States (72.64% of supplies in monetary terms), Turkey (8.03%) and Italy (7.30%).
In 2024, the country imported 38 tons of pig iron worth $90 thousand from Germany, while in the same period of 2023 it imported 154 tons of pig iron worth $156 thousand.
