Period: January 8 – 19, 2018
Milk deliveries in Argentina are mostly unchanged from recent weeks. Wet weather continues to provide some challenges to dairy farmers for managing cow comfort.
In Uruguay the comfortable temperatures still support milk deliveries, which in November were +6.52% higher than Nov 2016.
SMP exporting prices slightly increased in South America (+0.99%). Even with the continuing overhang of EU intervention stocks, many buyers are interested in current production.
Also WMP exporting prices slightly increased, following recent upward trends at the latest GDT event (Jan 16, 2018). The GDT price strength is significant, since New Zealand is by far the main exporter of WMP in the world (1’143’428 tons in 2017).
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CLAL.it – WMP export prices 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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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.
