The fourth engine of agriculture that is close to US$ 1,000 for exports

The fourth engine of agriculture that is close to US$ 1,000 for exports

The dairy agribusinesswithout reaching the records of the items meat, forestry and grains, it is still close to achieving a record of foreign exchange earnings from exports and on the verge of reaching a mark considered mythical: US$ 1,000 million a year.

So far in 2022, therefore without even considering what is achieved during December, placements abroad of whole and skimmed powdered milk, cheese and butter total US$ 857 million.

That already far exceeds the total income obtained during 2021, when these dairy products were exported for US$ 754 million.

Always based on data from the National Milk Institute (Inale), the maximum foreign currency in the dairy agro-industrial sector was achieved in 2013, with US$ 907 million.

Considering the last rolling year, revenue from exports of dairy products reached US$ 915with a growth of 23% for the period from December 2021 to November 2022, in relation to the same previous period.

This last data is part of a set of indicators revealed by the national dairy institute, in a report entitled “Milk Screenshot 2022”.

The photo of each item

whole powdered milk

  • 143 thousand tons (-5%)
  • US$496 million (+7%)
  • US$3,467/ton (+13%)
  • Main markets: Algeria, Brazil, China, Cuba, Egypt

skimmed milk powder

  • 17 thousand tons (-27%)
  • US$50 million (-15%)
  • US$2,943/ton (+16%)
  • Main markets: Algeria, Brazil, Cuba, China, Bolivia

Cheese

  • 26 thousand tons (-6%)
  • US$106 million (-4%)
  • US$4,118/ton (+2%)
  • Main markets: Brazil, Mexico, Argentina, Chile, Russia

Butter

  • 13 thousand tons (+21%)
  • US$53 million (+46%)
  • US$3,959/ton (+21%)
  • Main markets: Russia, Egypt, Bahrain, Brazil, Saudi Arabia

Other indicators

The Inale, in the aforementioned work, detailed that the shipment of milk from the dairy farms to the industries decreased slightly, 1%, in November 2021-October 2022 (in relation to the same previous period), totaling 2,087 million liters.

Milk destined for export, on the other hand, was more, since it grew 3% reaching 1,546 million liters (considering in this case the comparison of December 2021-November 2022 and that same previous period).

The price paid to the producer (weighted November 2021-October 2022) improved 17% in pesos ($17 per liter) and 17% in dollars (US$0.40 per liter).

The purchasing power of milk improved 2% and reached 79 (average November 2021-October 2022).

The price received by the industry improved 10% in pesos ($33.9) and 17% in dollars (US$0.64) for the period November 2021-October 2022.

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