“From villains to heroes”, cheeses pull reference value from milk

Published 2020년 7월 21일

Tridge summary

Cheese prices in the Paraná market have surged after hitting their lowest of the year in May, with mozzarella seeing a 47.5% increase between May and July, reaching its second highest price in a decade. Other cheeses like plate and provolone also experienced significant price hikes, leading to a 22% increase in the reference value of milk from May to June. The market situation, caused by the pandemic and the fight against Covid-19, has been marked as atypical and unpredictable, with experts and industry leaders urging caution due to the rapidly changing market dynamics.

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

Original content

After reaching the lowest price level of the year in May, cheeses had a sharp appreciation over the past 40 days and pulled the price reference value in the Paraná market. The main highlight was mozzarella, whose average price increased 47.5% from the beginning of May to 7 July, reaching its second highest level in ten years. The data were presented at a virtual meeting of the Paraná Producers / Industry Parity Council (Conseleite-PR), held on Tuesday (21). The board approved the projected reference value of R $ 1.6986, for milk delivered in July to be paid in August. “It is impressive the variability that this derivative [the mozzarella] had in the period. The cheeses, which were the villains, became heroes ”, compared José Roberto Canziani, from the Federal University of Paraná (UFPR), one of those responsible for the survey. In addition to mozzarella, other cheeses also had significant appreciation. From May to the first ten days of July, the price of plate cheese increased ...

Source: Agrolink