Milk imports of Brazil increased by 80.7% in October; producer price fell 6.5%

Brazilian milk imports grew 80.7% in October compared to the same month of 2021, informs the November bulletin from the Milk Intelligence Center (CILeite) of Embrapa Gado de Leite. Foreign purchases of dairy products and increased production resulted in a 6.5% drop in the price of milk to producers last month, when the average price was R$ 2.85 per liter. Still according to the CILeite bulletin, released last Friday (11), the milk/mixture exchange ratio has worsened for the cattle raiser for the second consecutive month. “It took 38.7 liters of milk to purchase 60 kg of mixture, against 45.6 liters observed in October 2021”. Read below the seven topics of the bulletin, prepared by specialists Glauco R. Carvalho and Samuel J. M. Oliveira, with the collaboration of Jonas Carvalho Gomes Nogueira: 1) The price of milk to the producer decreased by 6.5% in the payment made in October, reflecting an increase in production and imports of dairy products. The national average price paid to ...