Period: November 27 – December 8, 2017
In Argentina and Uruguay warmer summer temperatures are gradually boosting heat stress on dairy cows. As a consequence, milk production is decreasing, but still sufficient to meet manufacturing needs. Milkfat and protein contents in milk are trending lower as well.
Milk production remains high in Brazil, while farmgate milk prices slightly decreased.
SMP export prices were steady. Several manufacturers prioritize WMP drying schedules instead SMP, while regional demand for SMP from the food processing industry is slightly improving.
WMP export prices and market conditions have been steady. The bottom of the pricing range is reflecting active export trades outside the Mercosur bloc, mainly to Algeria and Russia. Production is active.
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the dairy market in South America
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