Powdered milk: measure to investigate Argentina is right, says Faesc

Published Aug 7, 2024

Tridge summary

The Federation of Agriculture and Livestock of the State of Santa Catarina (Faesc) has backed the Confederation of Agriculture and Livestock of Brazil (CNA) in filing a complaint with the Ministry of Development, Industry, Commerce and Services (MDIC) over dumping practices in Argentine milk sales. The CNA asserts that these practices are damaging the profitability of Brazilian powdered milk production. The majority of Brazil's dairy imports, amounting to 4.29 billion liters over the past three years, especially powdered milk (over 71% of the volume in 2023), originate from Mercosur countries, including Argentina.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Federation of Agriculture and Livestock of the State of Santa Catarina (Faesc) approved the initiative of the Confederation of Agriculture and Livestock of Brazil (CNA) to file with the Ministry of Development, Industry, Commerce and Services (MDIC) a request for investigation into dumping practices in the marketing of milk from Argentina. “The sale of products at prices below the cost of production in Brazil has been harming the national production of powdered milk,” said the president of the Faesc/Senar System, José Zeferino Pedrozo, in a statement. “We need to guarantee the generation of income for Brazilian rural families, the maintenance of jobs and the supply of the domestic market with a quality product and fair trade”. The CNA highlighted that the measure is a way to correct Argentina's unfair trade distortions in milk production throughout 2023. According to the confederation, the total volume of dairy imports by Brazil totaled 4.29 billion liters in the ...

Source: CanalRural