WMP supply is above customers’ demands in South America [News South America n°22/2018]

Period: November 12 – 23, 2018

Milk production is steady to slightly down in South America, as temperatures continue increasing as the summer season approaches. However, in Brazil, Perú, and Ecuador, cows’ milk output is still growing while the highest seasonal peak is close (generally between December and January).

Milk and cream volumes are enough to cover most manufacturing requests, while the retail/food service demands for bottled milk, cheese, yogurt, milk caramel, and butter are robust.

SMP export prices are unchanged in South America. SMP production is limited, thus inventories remain tight on a strong market. Exports to Brazil are active, while trades outside the continent are light.

WMP export prices are steady on moderate trading. WMP supply is above customers’ demands, while drying schedules for condensed milk are very active, prompted by ample farm milk intakes.

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

CLAL.it - South America: WMP export prices

CLAL.it – South America: WMP export prices

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.

Posted in News South America, South America