Brazil: CNA calls for investigation into dumping of powdered milk from Argentina

Published 2024년 8월 6일

Tridge summary

The Brazilian Agriculture and Livestock Confederation (CNA) has filed a petition with the Ministry of Development, Industry, Commerce and Services (MDIC) in Brazil, alleging dumping of powdered milk from Argentina. The allegation is due to Argentina's subsidies on milk production in 2023, which, according to CNA, distorts market prices and provides unfair competition to Brazilian products. This could potentially harm Brazil's national milk production, decrease margins for livestock farmers, limit sector growth, and lead to abandonment of the activity. The CNA believes the investigation process, which could take up to 18 months, will be robust and is hopeful for an urgent opening of the investigation.

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Original content

The Brazilian Agriculture and Livestock Confederation (CNA) reported that, last week, it filed a petition to investigate the practice of dumping – selling at prices below the cost of production – against powdered milk from Argentina. According to the CNA, the purpose of the request submitted to the Ministry of Development, Industry, Commerce and Services (MDIC) is to correct the distortions brought about by the application of Argentina's subsidies to milk production throughout 2023. “Despite the prevalence of the free market, Argentina, the main country of origin, responsible for half of the volume, applied direct subsidies to milk production, generating artificiality in prices and unfair competition with the Brazilian product”, states the technical advisor at National Dairy Cattle Farming Commission, Guilherme Dias. The introduction of subsidized milk powder would harm national milk production, reducing livestock farmers' margins, limiting the sector's growth and causing the ...

Source: CanalRural