The price of whole milk powder in Uruguay has risen by 15% annually, outpacing the general dairy sector's 10% rise, with export volumes comprising nearly 70% of this commodity.
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In recent developments, Uruguay's principal dairy export product, whole milk powder, has seen its prices escalate by 15% over the past year. This rise significantly surpasses the 10% average increase observed for all dairy products. The local price is approximately $4,118 per ton, slightly less than the New Zealand market quotation of $4,128. Whole milk powder accounts for two-thirds of dairy exports by volume, about 68,500 out of 108,500 tons shipped this year. As of June 22, placements of whole milk powder have brought in $272 million out of the total $400 million generated by the dairy sector, reflecting a yearly ...