The year-on-year increase in income from whole powdered milk and cheese had a positive influence on the percentage change.
He National Milk Institute (inhale) produced a new report in which it is deduced that year-on-year turnover for exports of dairy products increased by 14%, mainly due to the increase in revenues from whole powdered milk (14%) and cheeses (36%), which offset the 39% drop suffered by skimmed powdered milk. On the other hand, the billing for the sale of butter had no percentage variation.
Last February, 43.6 million dollars were billed for whole powdered milk, 2.8 million dollars for skimmed powdered milk, 9.8 million dollars for cheese, and 6 million dollars for butter, for a monthly total of 68.2 million FOB dollars -Free on Board-, and an annual accumulated of 158.7 million FOB dollars.
On the other hand, the volume of these placements totaled the 15,459 tons in the monthwhere 11,721 tons were of whole powdered milk, 694 tons of skimmed powdered milk, something that meant a setback of 47%, 1,915 tons of cheese, and 1,129 tons of butter. So far this year, some 36,148 tons of these products have been shipped.
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The price of skimmed milk powder shot up 6% since December
Prices have suffered a general skyrocket in year-on-year terms, with cheeses seeing the biggest increase at 20%, skimmed milk powder 16% (6% only since December), butter 12%, and whole powdered milk 1%.
Thus, the average price of a ton of whole powdered milk was in the order of $3,718that of skimmed milk powder $4,031 per ton, that of cheeses $5,111 a ton, and for butter some $5,344 the ton.
The main destination of the placements was Brazil with 33%, followed by Algeria with 21%, China with 8%, Russia with 4%, Mexico with 3%, while the “Others” group totaled 31%. The main destination for whole and skimmed powdered milk, as well as cheese, was Brazil, while for butter it was Russia.
Source: Ambito
