Cheese pulls down the dairy market in Brazil

Published 2021년 3월 1일

Tridge summary

The article reports on the decrease in the reference value for milk in Paraná, Brazil, due to the falling price of cheese, especially mozzarella, in February. The Milk Producers / Industries Council approved a decrease in the projected reference value for standard milk delivered in February to R $ 1.5765, a 5.9% drop. The consolidated reference value for milk delivered in January and paid in February also decreased by 9.1%. This price drop is attributed to the significant fall in mozzarella prices, which had made up 44% of dairy product sales in Paraná in February. Prices for other dairy products and UHT milk also experienced a decline, while fats saw a slight appreciation. This situation is attributed to high production costs and reduced consumption.

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

Original content

The price of cheese pulled down the reference value of milk - an index used to serve as a basis for negotiations between producers and the industry. The mozzarella, the dish and the provolone, which had already suffered devaluation in January, returned to oscillate downwards in the February partial (until the 17th). The market dynamics was presented during a meeting of the Paraná Milk Producers / Industries Council (Conseleite-PR), held this Tuesday (23), by videoconference. The board approved the projected reference value of R $ 1.5765, for standard milk delivered in February, to be paid in March - a decrease of 5.9%. The board also approved the consolidated reference value of R $ 1.6737 for milk delivered in January and paid in February - 9.1% decrease, compared to the previous survey. The drop in the reference value is directly related to mozzarella - a dairy derivative that accounted for 44% of dairy products sold in Paraná in February. From December to February, the price of ...

Source: Cnabrasil