After appreciation in June, dairy market shows signs of stability in Brazil

Published Aug 3, 2021

Tridge summary

The advance was driven by the good performance of products with greater weight in the sales mix, such as mozzarella, white cheese, UHT milk and spot milk. In the first three weeks of July, however, the sector showed signs of entering a stable trend. The projection of the Parity Council for Milk Producers/Industries of Paraná (Conseleite-PR) is that the month will end with a slight decrease of 0.92%, with the projected reference price of R$ 1.9422, for milk delivered in July, to be paid in August.

Original content

The scenario was presented at a meeting of Conseleite-PR held on Tuesday (27), by videoconference. According to the survey, derivatives with greater representation in the mix had widespread appreciation in June, but remained stable or had a slight retreat in July. The prices of mozzarella, for example, rose 15.46% in June, but retreated 3.64% in the partial of July. UHT prices rose 11.15% last month, remaining stable in July. Mozzarela and UHT are the most sold products in Paraná, accounting for 52.8% and 17.7% of the mix, respectively. Other products that also have weight in the product basket had a similar performance. The cheese plate had an 11.14% appreciation in June, but lost steam and retreated 0.79% in the first three weeks of July. Spot milk prices also rose more than 11% last month but fell 3.49% in July. “The question that remains is whether this stabilization at the high level will continue. We have, today, bullish factors and bearish factors. Let's see which ones will ...
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