Argentina's dairy exports increased more than 41% in May

Argentina's dairy exports increased more than 41% in May, compared to the same month last year, according to provisional information from the National Institute of Statistics and Census (INDEC) on the Argentine Commercial Exchange (ICA), analyzed by the Observatory of the Argentine Milky Chain (OCLA). If we look at the volume exported, the year-on-year growth was 41.06%, but if we consider the value of exports, the increase is 53%, which shows that dairy prices in the world continue on an upward trajectory. About 47% of what was sold abroad was powdered milk; 24.5% cheeses; 19.1% of products such as dulce de leche, butter, butter oil, whey, among others, and the remaining 9.4% is complemented by confidential information products such as lactose, casein and yogurt. In equivalent liters of milk, exports represented 26.3% of total production in May, with 22.4% in the first five months of last year. With these May figures, in the first five months of the year, dairy exports increased ...