REPORT AND ANALYSIS OF THE PRICES OF DAIRY PRODUCTS IN ARGENTINA AND URUGUAY

South Dairy Trade ARGENTINA:

During the period between June 1, 2023, and June 15, 2023, the market milk argentine
experienced some significant results. The average total price of dairy products exported was
4249,78 dollars per ton. Exports dairy argentine came to 15 different destinations, what is still
relatively low compared with the beginning of the year, when it amounted to about 20 different destinations.
destinations. In terms of the volume exported, during the period referred to were sent to the outer 5722,13 tons of dairy products.

WMP: decreased 0.6% compared to the previous period, reaching the 3970,08 USD.
SMP: increases by 0.1% compared to the previous period, and it is situated in 3679,65 USD.
Cheese semi-hard: 0.7% increase compared to the previous period, reaching the 4.585,09 USD.
Hard cheese: Decreased 3.8% compared to the previous period, reaching 6053,61 USD.
Butter: Rose 5.7% compared to the previous period, reaching the 4706,78 USD.
Buttermilk: Rose 3.2% compared with the previous period, reaching 3200 USD.

In terms of the milk powder: The average price of milk powder during this period was 3970,08
dollars per ton. We observed a decrease of 0.6% compared with the previous period. In terms of the LDP during the mentioned period, the average price was 3679,65 dollars per ton, showing a slight increase of 0.1% compared with the previous period. The tonnage exported from WMP and SMP were of 3.578,72 and 345,90, respectively.

Cheese semi-hard: Cheese, semi-hard, had an average price of 4585,09 dollars per ton, representing an increase of 0.7% in comparison with the previous period, with a total of 840 tons
exported.

Hard Cheese: During the period in question, the average price of the hard cheese was 6053,61 dollars per ton, with a significant decrease of 3.8% compared with the previous period.

This reduction may be related to factors such as changes in supply and demand, variations in the costs of production or competition in the international market.

Butter: The average price of butter during this period was 4706,78 dollars per ton. In observed a significant increase of 5.7% compared with the previous period, with a total of 550 tons exported.

Buttermilk: During the period, the average price for buttermilk was USD 3200 per tonne, an increase of 3.2%. 3200 per tonne, an increase of 3.2%. The only export destination was Brazil.

The dairy market saw some fluctuations in the supply and demand of different products. The decreases in the price of skimmed milk powder and the hard cheese may have been influenced by economic factors and trade that affected the demand in the international markets.

On the other hand, increases in the price of skimmed milk powder, cheese semi-hard cheese, butter, and buttermilk indicate a higher demand or lower supply of these products during the period analyzed.

South Dairy Trade URUGUAY:

During the period between July 1, 2023 and July 15, 2023, the dairy market uruguayan showed the following results: The average price of total dairy products exported was 3836,53 dollars per ton, with destination to 18 international markets different. This wide distribution of destinations
indicates a diversification of the markets Uruguay exports its dairy products, that of a single market, such as Brazil, and increase the stability of exports. During this period we exported a total of 5752,64 tons of dairy products.

WMP : decreased by 7.7% compared to the previous period, reaching the 3.735,15 USD.
SMP : Increased by 2.8% in comparison with the previous period, reaching with 3840,98 USD.
Cheese semi-hard: Decreased by 11.3% in comparison with the previous period, reaching the 4.917,06 USD.
Hard cheese: Decreased by 7.9% in comparison with the previous period, reaching the 6.103,98 USD.
Butter: Increased by 3.4% compared to the previous period, reaching the 5.203,88 USD.
Buttermilk: There were No exports in this period.

Milk powder: During this period, the average price was 3.735, $ 15 per ton, a decrease of 7.7% compared with the previous period. The LDP had an average price 3840,98 dollars per ton, with an increase of 2.8% per ton, an increase of 2.8%. This increase may indicate a greater demand for skimmed milk powder in the international markets and a limited availability of the same in skimmed-milk powder in the international markets and a limited availability of this product during the analyzed period.
As you know, Brazil remains the main destination of the milk powder.

Cheese semi-hard: Presented an average price of 4.917,06 dollars per ton, which represents a
decrease of 11.3% in comparison with the previous period.

Hard Cheese: During the period in question, the average price of the hard cheese was 6.103,98
dollars per ton. This product also experienced a decline of 7.9% in comparison with the previous period. This reduction can be influenced by various factors, such as changes in the international demand of hard cheese or fluctuations in the price of hard cheese. The Russian market is reactivated in this case.

Butter: The butter had an average price of 5.203,88 dollars per ton during this period, representing an increase of 3.4%. This increase can be attributed to the increased interest of the international markets by the butter uruguayan, because that has branched out to destinations such as the United Arab Emirates, Saudi Arabia, Taiwan, and China.

Buttermilk: There were No exports of Whey during this period.

It is important that stakeholders in the dairy market uruguayan follow closely the trends and changes in demand and the behavior of the market to adjust their strategies and take advantage of the opportunities that the market offers.
In addition, it is important to pay attention to such factors as competition in the market, the quality of the products, and the trade policies in order to maintain competitiveness in the market.

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