Equivalent to 25 tons of milk powder: The International Dairy Federation in Argentina

The month of October began with a new Fonterra electronic auction marking a new price increase for dairy products. The Global Dairy Trade, which sets the pulse and the mood in the global dairy industry, generated positive expectations on Tuesday, since in general the products rose 1.2%; and in particular whole milk powder rose three points, up to 3,559 dollars per ton. Bringing to this note a biweekly quote of the main dairy commodity has another meaning. Two years ago, the dairy sector began to discuss the need to return as a country to the International Milk Federation. At that time, neither producers nor businessmen dared even think about the option. There were only the wills of INTI Lácteos that pushed for this return, for the simple logic of needing to belong in order to evolve in the measurements, regulations and parameters that arise from the entity based in Brussels. It was in New Delhi, in September 2022, that the president of the FIL sent a clear message through Bichos ...