Last month milk shipments to the plant were -4% year-on-year, and it has been accumulating a drop since October last.
March was the sixth consecutive month that the milk remission to industrial plants fell, with a drop of 4% year-on-year and an average production in the first quarter of 5%, according to data published by the National Milk Institute (Inale),
Being the lowest volume since March 2020, that is, in times of pandemic, in the last twelve months – including April 2022 and March 2023 – were added 2,068.84 million liters2% lower than in the same period of the previous year.
It’s not all bad news
Last month, Inale reported that based on data from the National Customs Directoratethe turnover for exports of dairy products grew 13% year-on-year in the accumulated to March, That benefited from a rise in the price powdered milk skim, butter and cheeses.
The March billing for whole powdered milk was 40.9 million dollars FOB —Free on Board—, 4.7 million dollars FOB for skim milk powder, 12.1 million dollars FOB for cheeses and 3.6 million dollars FOB for butter, totaling about 70.3 million dollars FOB.
Of the accumulated year-over-year of 229 million dollars, 143.1 million dollars were contributed by whole powdered milk, with a growth of 15% in turnover; 12.2 million dollars for skimmed milk powder, which fell 44%; $32.4 million the cheeses with a positive variation of 29%, and 18.6 million dollars for butter, which grew by 1%.
In terms of volumes, among the four products mentioned a total of 15,482 tons were exported last month, where shipments of whole milk powder grew by 16% to 11,071 tons; those of skim milk powder collapsed 48% to reach 1,363 tons; cheeses grew 9% and completed 2,376 tons; and the quantity of butter fell 9% to 672 tons.
Source: Ambito
