Short Supplies Put Milk At a Premium For Farmers05 June 2013
BRAZIL – Bad weather and revelations over milk tampering have led to farmers receiving 0.9854 reals/litre, the highest gross milk value for five years.
In total it represents a 2.4 per cent increase on April and an increase of 3.3 cents per litre, the Centre for Advanced Studies in Applied Economics has revealed.
Milk prices were highest in the Rio de Janeiro region at 1.0423 reals/litre. Ceará lies in second position a with state-wide average of R $ 1.0176.
The largest increase was seen in the Holy Spirit state which increased 8.2% (or 7.5 cents / litre). Despite this increase, only Mat Grosso do Sul farmers got lower milk cheques, averaging R $ 0.9900 /
litre and Mato Grosso do Sul averaging $ 0.9288 in May.
The biggest milk shortages have been seen in Rio Grande do Sul, the region where illegal milk ‘adulteration’ was at its most prominent. Over 318,000 tons of milk and milk powder were ceased and destroyed last month leading to a supply drop of 7.5 per cent on March figures.
TheCattleSite News Desk