Colombia: Consumer milk prices are up 40%

According to the Price Monitoring Unit (USP), the main dairy derivatives have increased in value between 9.4% and 33.2% at the plant. In addition, according to the DANE Consumer Price Index (IPC), the value of milk has risen more than 40% in Popayán and more than 30% in other cities. USP, attached to the Ministry of Agriculture and Rural Development, revealed the behavior of the prices of the main dairy products in the processing plant with a cut-off date of April 2022. In Livestock CONtext we will see the increases compared to those of previous years. This year, the most pronounced increases have to do with whole and pasteurized UHT milk, although peasant and double cream cheeses have also had notable growth so far this year. (Read: International milk prices have already reached their peak) For example, a liter of whole UHT milk closed in 2020 at $2,074 (ex-plant price), which meant an increase of 3.9% compared to 2019, and ended 2021 at 2,218, an increase of 7%. But in just 4 ...