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Milk imports in Brazil have lost strength in recent months

Cow Milk
Brazil
Published Mar 17, 2021

Tridge summary

The target of complaints by milk producers, the import of dairy products has lost strength in recent months as a result of the increase in the exchange rate. According to data from the Ministry of Economy compiled by the Rio Grande do Sul Dairy Industry Union (Sindilat), the total volume of imports made by Brazil fell from 22 thousand tons in December 2020 to 14.6 thousand tons in February this year.

Original content

The calculation includes the importation of whole milk powder, skimmed milk powder, yoghurts, whey powder, butter and cheese. "Imports occur much more because of an opportunity to reduce costs, not because they have superior quality", justifies the executive secretary of Sindilat, Darlan Palharini. For March, a further drop in imports is expected, since, in addition to the high dollar, there is an expressive appreciation of the product in the auctions of the Global Dairy Trade (GDT) platform. The leader also points out that the impacts of the prices of corn and soybean meal, used in animal feed, are beginning to be felt around the world, so that producing dairy products at low cost becomes increasingly difficult. "This price adjustment will probably manage to reverse a situation that Brazil had been facing very strong competition with imports in the domestic market", he analyzes. In 2020, the peak of imports was noticed between October and December. During the period, there was an ...
Source: Milkpoint
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