Argentina continues to grow in the volume of milk produced over the previous year, especially in the summer period where, perhaps, you are indicating to some extent, a response to investments in medium shade and cooled to moderate the fall in production due to heat stress. Then the curve 2021, due to variations in year-on-year positive but decreasing, snuggles into the 2020 doing pose a similar evolution for the rest of the year. We'll see how it impacts the drought that reduced the production of maize at the national level -12% and the cost of concentrates that requires in 2021, a +50% of milk to buy a ton of corn. We look forward to the publication of SENASA to see the stock of cows existing. Up to the time (SENASA 2019) we recorded a difference of -200.000 cows less that he had in 2015, a year of record production in the curve historical (see below).
The month of April 2021 is the best since 2015, month occurred +1.9 million liters above the April 2021
You continue the rest of the year, slightly above the curve of 2020 the year 2021 would end up with a total of +3% over 2020. There are many variables in play, we will see as follows.
