Brazil: Federal government confirms R$ 200 million for public purchase of milk

The product will be purchased at retail price and destined for social programs. “The measure is positive and should bring stability to the market”, emphasizes Flávio Turra, manager of Technical Development at the Organization of Cooperatives of Paraná (Ocepar). The productive sector had been demanding measures to contain the damage caused by imports of the product in large quantities. Imports - According to data from Comex Stat, the federal government's data platform, Brazil imported, from January to July this year, 161 thousand tons of dairy products. The volume is 158% higher compared to the same period last year. The largest amount came from Mercosur, especially from Argentina and Uruguay. The excess of product on the market made the remuneration to the producer fall. The price indicator from the Center for Advanced Studies in Applied Economics (Cepea), from Esalq/USP, shows that the price of milk paid to the producer retreated 3.95% in the national average in the year. Excess ...