Drop of Milk: Brazilian Spot Market Price

BRAZIL - Brazilian spot market milk price has dropped for the fourth consecutive month.
calendar icon 26 September 2008
clock icon 1 minute read

Considering the average price in the State of São Paulo, Minas Gerais and Goiás, on September the drop was of 6,87% when compared to August. According to Scot Consultoria, negotiations occur on an average price of R$0,65/liter.

Minas Gerais is the State that presented the largest average: R$0,67/liter, while in São Paulo and Goiás the liter is negotiated at and average of R$0,62.

Scot Consultoria reveal that since May, the peak of prices on 2008, the accumulated drop on prices sums 24,59% in the average from the three states.

Prices started to decrease due to the larger milk supply and slow dairy Sales.

TheCattleSite News Desk

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