Spain: The price of milk in Asturias reaches an all-time high, close to 50 cents (49.7 cents per litre)

Published 2022년 11월 21일

Tridge summary

Asturian farmers received a record average price of 49.70 cents per liter for cow's milk in September, a 40.8% increase from the previous year and a new high in the historical series since 1994. This increase is due to rising inflation, a drop in production, and increased animal feed costs, leading to a higher slaughter rate of animals to maintain milk production. This trend of increasing milk prices has been ongoing for five years, with the highest annual average price reached in 2008.

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

Original content

The average price of cow's milk received by Asturian farmers stood at 49.70 cents per liter in September, which represents a monthly increase of 6.4% and 40.8% compared to the same month last year. It is the highest value in the historical series started in 1994 by the Asturian Society for Economic and Industrial Studies (Sadei). The previous historical maximum, of 47.27 euros, had been registered in December 2007. In a context of escalating inflation, the average price of cow's milk received by Asturian farmers had already stood at 46.60 cents per liter in August, and after a new monthly rise of 6.4 percent, it was established at September at 49.70 cents per liter, a new maximum in the historical series prepared by Sadei. During the past year, the average price of cow's milk received by Asturian farmers reached 35.91 cents per liter, which represented a rise of 2.5 percent compared to 2020 and the highest average annual value since 2014. . With this, Asturias chained five ...

Source: Agroinformacion