Whole Milk Powder Sees a 15% Annual Increase, Surpassing Dairy Averages

In recent developments, Uruguay's principal dairy export product, whole milk powder, has seen its prices escalate by 15% over the past year. This rise significantly surpasses the 10% average increase observed for all dairy products. The local price is approximately $4,118 per ton, slightly less than the New Zealand market quotation of $4,128. Whole milk powder accounts for two-thirds of dairy exports by volume, about 68,500 out of 108,500 tons shipped this year. As of June 22, placements of whole milk powder have brought in $272 million out of the total $400 million generated by the dairy sector, reflecting a yearly ...