Peru: Dairy farmers sell their cows on the brink of bankruptcy

Published 2021년 4월 14일

Tridge summary

Dairy farmers in La Libertad, Peru, are facing a severe financial crisis due to rising feed costs and unchanged purchase prices by dairy industries. The situation has led to the selling of cows and protests, with farmers demanding fair milk prices and better laws to protect them from exploitation by large companies. The Peruvian dairy industry is paying its workers the least and selling the most expensive milk in Latin America, further exacerbating the crisis.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The dairy farmers of La Libertad are experiencing one of their worst financial crises due to the rise in prices of inputs to feed their cattle and the lack of an increase in the amount of purchase by the dairy industries when they purchase tons of milk. This was announced by the president of the Livestock Association of La Libertad (Agall), Iván López, who revealed that this national problem has led many farmers to sell their cows from their stables because they do not have the necessary income to be able to maintain them. “We ask for a fair price for milk. In the international context, inputs have risen in price between 30% to 50% due to the situation; however, the purchase price has not been raised for the ranchers or if some have, it has been insignificant, ”López told La República. Market price As explained by the official, the ton of powdered milk in the international market is valued at $ 4,440, so when converting it into local strawberry milk, a price of S / 2 per liter is ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.