Rains could improve crops in Argentina and Brazil [News South America n°8/2018]

Period: April 2 – 13, 2018

The milk productions in Argentina, Uruguay and Brazil are in line with seasonal trends.

Heavy rains saturated sections of the central region of Argentina, arriving too late for summer crops but increasing moisture reserves for winter grains. Overall, milk intakes are enough for most processing needs, but cream supplies are still tight.

The supply of milk in Uruguay is sufficient for most processing needs, but the race for cream among several processors, including butter churners and cheese makers, is strong as supplies are scarce.

Unseasonable rain showers improved conditions for second-crop corn and cotton in key dairy states of northeastern Brazil, relieving several weeks of dryness in some dairy basins.

SMP availability is slowly growing in South America, since several processors are skimming milk in order to increase cream volumes. Maximum export prices increased slightly.

WMP inventories are sufficient for most regional manufacturing needs, but are limited for export. Lower WMP imports are boosting WMP prices in Brazil. The bottom of the export prices range decreased slightly, mirroring moderate export transactions from Mercosur to Russia and Algeria.

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

CLAL.it - Brazil: monthly import of WMP

CLAL.it – Brazil: monthly import of WMP

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
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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