Milk production remains strong in South America [News South America n°13/2018]

Period: June 25 – July 6, 2018

Raw milk production remains strong and steadily improving in South America, thanks mainly to the favorable weather conditions.

Farm gate nominal prices remain relatively high. However, in most cases, dairy farmer operating costs are relatively high due to the negative drought effects to grain crops during Q1.

The milk and cream intakes are in balance with manufacturing needs. The sales of some dairy products, such as cheese, butter and milk caramel, are very active.

The Brazilian dairy industry continues recovering from the last trucker strike.

SMP export prices shifted down in South America. Inventories are becoming more available on a weaker market, compared with one month ago.

WMP export prices decreased on moderate trading. Demand for WMP is fair to good throughout the South American continent, but with more condensed whole milk available, WMP processing has been very active, and WMP supplies are steadily building in most processing plants.

See all the information in the new webpage dedicated to the dairy market in South America on CLAL.it >

CLAL.it - Milk production remains strong and steadily improving in South America

CLAL.it – Milk production remains strong and steadily improving in South America

Source: USDA summarized by the CLAL Team
Note: assessments about market trend are expressed in US$
More informations about dairy market in Argentina, Brazil and Chile are available on CLAL.it

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CLAL Team
About

The CLAL.it team is composed of young people who with the help of Computer Science study the dairy market and develop tools to provide the Operators of the dairy sector with a comprehensive real-time view of the national and international market trends.

Posted in News South America, South America