A liter of milk continues to become cheaper, but the price does not suit thousands of Colombian families

Published Aug 22, 2024

Tridge summary

The Colombian dairy sector is currently facing a crisis, with milk producers experiencing a significant drop in prices while consumers remain unaffected. The Colombian Federation of Cattle Ranchers (Fedegán) has brought this issue to the attention of the Ministry of Agriculture and the Ministry of Commerce, Industry and Tourism, expressing concerns over decreasing milk consumption, increased imports, and low prices received by producers. Fedegán has also called for an investigation into potential unfair business practices and subsidies from the United States, which they believe are harming Colombian producers. The federation is pushing for the implementation of a compensatory measure to protect the Colombian dairy sector and is criticizing the Colombian Association of Milk Processors for entering into agreements with American dairy producers.

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

Original content

“The dairy crisis continues and deepens. It has been almost seventeen months since the price paid to the producer has fallen by a little more than 16%, but the price to the consumer shows no signs of decreasing.” With this message, the Colombian Federation of Cattle Ranchers (Fedegán) launched a new alert to the Ministry of Agriculture and the Ministry of Commerce, Industry and Tourism due to the difficult situation experienced by milk producers throughout the country. In the letter, the executive president of the association, José Félix Lafaurie, said that so far in 2024 the Consumer Price Index (CPI) for liquid milk increased by 0.52%, which increased the gap between what was paid to the rancher and what was charged to the consumer. You can now follow us on Facebook and on our WhatsApp Channel. “The price of liquid milk to the consumer in 2020 rose 5%, in 2021 it rose by 13%, the highest of 37% in 2022; 12% in 2023 and 0.52% in the first half of 2024, which, although it was a ...

Source: Infobae