Add it to our previous note, "From the mangrullo", a short analysis about the price of the milk that you receive the argentine producer.
World stage
The dairy producer argentine is without a doubt the most efficient of the planet, which sends the milk to the market perceiving the lowest price in the world. In the following chart with the evolution of the price of milk to the producer in the world or global, Argentina mark the lower curve -32% lower than the curve of the average price world. These curves are drawn with milk as is that is nothing more and nothing less, than the milk-generated product of the local demand.
Local scenario
Tranqueras in analyzing the price recently published by the SIGLeA the price of the national average for the milk to the producer, to January 2024, it turned out 243,92 $/liter (0,26 US$ Export/lt), resulting in the worst price in the last 5 years (in constant currency by IPIM and estimating inflation of January in a +20%) and a -17% below the price of January 2023.
The scenario has completely changed. Gone are the Agreements of Maximum Prices and the negotiations between the national State and the argentine Industry, gone are the Rights of Export, it is fixed strongly on the Type of Change reinvigorating the exports of dairy products to a domestic market is retracted will be the tractor to pull us out of the swamp. The producer builds up, between business debts, and depreciation and amortization, a liability that will be difficult to raise. On the one hand it is necessary to provide tools of financing, according to a productive activity, and reduce the tax burden on the sector. On the other side urge to give the possibility to the tambero of at least recover the purchasing power of the historic 2 kg of corn per litre of milk...today, February 13, 2024, representing a floor of 300 $/gallon + VAT.
[twitter-follow screen_name=’dairylando’]