The price falls, the leche...de where?

Vaca Dólar IIWe want to compare permanently to New Zealand (NZ), when the only thing we have in common with the friends kiwi is cattle grazing. We have another climate, other lands, other entrepreneurs, and other organization in the dairy sector and business, well, different. The level of milk exported is absolutely different. The producer price in NZ fell as was to be expected because more than 90% of what they produce drove him to a foreign market depressed. The situation of Argentina looks more like that of the united States, both from the productive potential, the climate and of the level of export. For the north american market, the USDA predicts a fall of 30% prices for 2016, with respect to 2014, but call it fall because they were well above!...something that the tambero argentine't even sniffed at it.

In the following graph we can observe the data in us $ /liter of whole milk (mix of products that call All Milk) and the equivalent of our pesos/liter following the Future Rofex of the dollar:

USDA All milk Futures

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