Spain: Castilla-La Mancha highlights that the dairy sector is now achieving the profitability that it did not have during part of 2021

Published 2022년 2월 4일

Tridge summary

The article highlights the improvement in profitability for Spain's dairy sector, as stated by the Minister of Agriculture, Francisco Martínez Arroyo. The minister's remarks were made after the inaugural meeting of the Price Observatory of the Food Chain of Castilla-La Mancha, where a study by the University of Castilla-La Mancha on dairy sector production costs was discussed. The costs varied by animal type, with beef at 0.39 euros per liter, sheep at 0.9 euros, and Manchego sheep at 1.4-1.6 euros per liter. The minister stressed the importance of considering other sources of income and aid for farm profitability. He also underscored the creation of the Price Observatory, which includes all links in the food chain, aiming for transparency by publishing cost, income, and profitability studies across Castilla-La Mancha's sectors. Additionally, the observatory will conduct a report on consumer sensitivity to Manchego cheese prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

TOLEDO, Feb. 4 (EUROPA PRESS) - The Minister of Agriculture, Water and Rural Development, Francisco Martínez Arroyo, stressed that the dairy sector is currently "achieving profitability" that it did not have during "an important part" of last year. Speaking to the media this Friday in Toledo after attending the first meeting of the Price Observatory of the Food Chain of Castilla-La Mancha, he explained that in this first meeting, in addition to the constitution of this observatory, a study has been analyzed prepared by the University of Castilla-La Mancha (UCLM) on production costs in the dairy sector for cattle, sheep and goats. Martínez Arroyo has explained that, in the case of beef, the average cost of production reached 0.39 euros per litre, while for sheep it was 0.9 and for sheep it was 1.3 euros per litre, amounting to 1.4 euros per liter in the case of Manchego sheep. The minister continued by commenting that, in the case of cow's milk, the prices being paid to farmers ...

Source: europapress