Dairy market in Brazil: 12.49% rise in derivative prices in June

Published 2024년 7월 3일

Tridge summary

In June 2024, the dairy market in Goiás experienced a significant surge in the average prices of all dairy products, according to the Goiás Dairy Chain Technical and Conciliation Chamber. The average price of mozzarella cheese saw the highest increase at 18.25%, followed by whole UHT milk at 15.43%, condensed milk at 8.11%, and powdered milk and cream at 6.36% and 0.81% respectively. The total weighted variation of the dairy products basket index for the month was +12.49%. This data is crucial for producers in the sector to make strategic decisions, according to Pedro Leonardo Rezende, Secretary of Agriculture, Livestock and Supply of Goiás.

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

Original content

In June 2024, the dairy market in Goiás recorded a significant increase in the average prices of dairy products compared to the previous month. According to data from the Goiás Dairy Chain Technical and Conciliation Chamber, published in the new edition of the Goiás Dairy Market Bulletin, all dairy products showed an upward trend. The numbers reveal an 18.25% increase in the average price of mozzarella cheese, followed by a 15.43% increase in the price of whole UHT milk. Condensed milk also had a significant increase, reaching 8.11%, while powdered milk and cream recorded increases of 6.36% and 0.81%, respectively. Considering the individual variations of each product, the dairy products basket index closed with a total weighted variation of +12.49% in June. "This data is fundamental for producers in the sector, offering a detailed analysis of price trends and helping to make strategic decisions in a dynamic market like Goiás", highlighted Pedro Leonardo Rezende, Secretary of ...

Source: Portal Do Agronegocio