According to data from 2023, the Argentine dairy chain withstood the blow of the crisis

Cow Milk

Published Feb 15, 2024

Tridge summary

In 2023, Argentina's dairy sector experienced a slight increase in the number of dairy farms and cows being milked, despite a 2% drop in milk production due to food shortages and uneven climate conditions. The average herd per dairy farm was 156 heads, with a daily production of 3,043 liters per establishment. However, exports declined significantly, with a 14.2% decrease in exported products and a 20.2% drop in foreign exchange income. The main export destinations were Brazil, Chile, and Algeria. The dairy prices rose year-on-year above general inflation, less than food, and were above raw milk, which had a year-on-year increase of 249%. The wholesale prices are expected to show a year-on-year increase of around 234%, suggesting an increase in the mark up due to higher margins and/or higher logistics and marketing costs.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In 2023 and despite the crisis that the dairy sector went through, the number of dairy farms in Argentina remained stable and there were very slight differences when measuring production variables. According to the Observatory of the Argentine Dairy Chain (OCLA), last year The stock of cows being milked was 1.58 million heads, just above the 1.52 million that were recorded the previous year. Meanwhile, milk production in 2023 barely reached 11,325 million liters, a 2 % lower in the year-on-year comparison, as a result of food shortages and a climate that hit unevenly throughout the year. In this sense, Argentine dairy farming has continued in the same productive range for years, without being able to take off noticeably, far from the 12,000 million liters per year. SURPRISING DATA In this difficult context that primary activity has been dragging on for at least six years months, one of the data that caught attention in the OCLA report is that the volume milked was obtained with ...

Source: Diariolaopinion