Period: August 6 – 17, 2018
Milk production in South America has been trending slightly down due to cooler temperatures hampering milk yields. Nevertheless, milk supply is enough to cover most manufacturing needs.
Demand for bottled and UHT milk is firm, from both educational institutions and retailers.
Poor-quality winter pastures are limiting milk production in the southern region of Brazil. Higher farm gate prices continue to motivate farmers’ confidence to produce more milk. A significant part of this rise on farmgate pricing is associated to the recent trucker strike.
SMP production is more active in South America: inventories are more available, while prices decrease. SMP export transactions to Brazil are less active than one month ago.
WMP production has been lower compared to one month ago, driven by the lower farm milk production. Inventories are steady to slightly down. WMP supply is below its demand: this situation supported WMP export prices, which shifted up.
See all the information in the new webpage dedicated to the dairy market in South America on CLAL.it >
CLAL.it – Farmgate milk prices increase in Brazil
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.
