Meanwhile, the key fact to keep in mind is that “the increase in foreign sales of dairy products is also explained by the increase in international prices of powdered milk, which have set a record this year, and although they have begun to decline from their peak reached in March 2022, they remain well above the levels seen in 2019. According to the FAO, world prices for milk powder increased due to strong import demand, persistent supply shortages world and low stock levels. So far this year, this index has always remained above what has happened in the last three years. It is expected that the value of powdered milk at a global level will continue to decline, but it would still remain with figures above the averages of the last five years. The second week of July registered a drop in the Futures Market for whole milk powder, trading in August/2022 below US$3,800 per ton, a value that would be maintained in the projections for the coming months,” as detailed by the Rosario entity
Prices
According to market analysts, the increase in foreign sales of dairy products is also explained by the increase in international prices of powdered milk, which have set a record this year, and although they have begun to decrease from their maximum reached in March 2022, they are still well above the levels shown in 2019.
According to the FAO, world milk powder prices increased due to strong import demand, persistent global supply tightness and low stock levels. So far this year, this index has always remained above what has happened in the last three years.
It is expected that the value of powdered milk at a global level will continue to decline, but it would still remain with figures above the averages of the last five years. The second week of July registered a drop in the Futures Market for whole milk powder, trading in August/2022 below US$3,800 per ton, a value that would be maintained in the projections for the coming months.
Another key fact that is highlighted in a publication of the specialized site Bichos de Campo is that the latest report issued by the Observatory of the Argentine Dairy Chain (OCLA), regarding the 2021-2022 ranking of the dairy industry according to its volume of milk reception raw, marked a historic milestone: Saputo, a firm with Canadian capitals based in the Santa Fe town of Rafaela, unseated Mastellone from the first position it had held for many years. It is the most concrete face of the foreignization of the dairy industry. Before the manufacturers of La Serenissima, this ranking was dominated by the dairy cooperative SanCor.
According to OCLA, Saputo managed to lead the ranking after processing an average of 3,788,000 liters of milk per day, against the estimated 3,450,000 for Mastellone. But this is not entirely unexpected if one takes into account that the gap had already narrowed in recent records, when the foreign firm was only 85,000 liters short of surpassing the national one. To the growth that Saputo showed in one year, was added the loss of 290,000 liters by its competitor for the same period.
Saputo received 11.9% of the total milk, while Mastellone reached 10.8%. In third place was Williner (Ilolay) with a 4.3% share of the total milk produced. As can be seen, there continues to be a strong deconcentration in this business.
Source: Ambito
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