Milk price rises in February, but drops in early March in Brazil

Dairy derivatives prices continued to rise in February, still reflecting the lower production of raw milk in the countryside. According to a survey by Cepea, carried out with the support of OCB, the average prices of long-life milk (UHT), mozzarella cheese and powdered milk (400g) negotiated between industries and distribution channels in the state of São Paulo recorded increases of 9 .8%, 4.5% and 1%, respectively. Thus, in February, the value of UHT had an average of R$ 4.44/liter, mozzarella, R$ 31.30/kg, and powdered milk, R$ 29.95/kg. The Dairy Derivatives Price Indicators refer to negotiations carried out between dairy products and distribution channels in the State of São Paulo. Monthly averages are obtained from daily averages, in the case of UHT milk and mozzarella cheese, and from weekly averages, in the case of powdered milk (400g). The increase in the monthly average, however, did not mean that the market warmed up throughout the month. Dairy products managed to impose ...