USDA: Brazil's milk production is expected to grow to 24.5 million tons in 2023

Published 2023년 1월 3일

Tridge summary

The US Department of Agriculture's report forecasts a 5% decrease in Brazil's milk production in 2022 due to adverse weather conditions and consumer demand-related issues, with a projected recovery of 3.6% in 2023. The dairy herd is anticipated to grow slightly in 2022 and 2023, influenced by milk prices and inflation. Fluid milk consumption is expected to decline in 2022 but rise slightly in 2023. Brazil remains a net importer of dairy products, particularly powdered milk and cheese, with milk exports on a steady rise since 2018, reaching 12 thousand tons in 2022. The report underscores the challenges faced by Brazilian dairy farmers, such as high production costs and the impact of La Ninã, while highlighting the potential for export growth despite domestic market limitations.

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

Original content

To continue reading the article, log in with your account or register with MilkPoint. Get access to exclusive content! According to the latest report on the dairy sector in Brazil published by the US Department of Agriculture (USDA), milk production in 2022 will reduce by around 5% to 23.7 million tons, while in 2023 it should grow by around 3.6%, reaching 24.5 million tons. The report highlighted the seasonality of Brazilian dairy production, which is predominantly pasture and in semi-confinement systems and, therefore, is affected by cyclical weather patterns that impact pasture conditions. In 2022, milk production followed a pattern similar to that of 2021, but in smaller volumes (about 8% less), as shown in the graph below. The exception was from June to August, when 2022 production grew faster than in 2021. The overall drop in production in 2022 is due to unfavorable weather conditions that resulted in worse pasture conditions, in addition to lower consumer demand, stagnation ...

Source: Milkpoint