Price of milk slowed down...

RabobankThe milk price paid to the producer in gate tambo came up from February 2016 in constant currency, but as of may 2016 he joined on a plateau which rises more, remaining 1 weight/litre below the values collected in 2014, the year prior to the crisis (average year 2014= 6,36 $/lt).

The price may 2017 (published by MINAGRI -sample of 18 companies-) current currency was a +27,1% higher than in may 2016, and increased by +3.2% year to April 2017, but updating the currency (inflationIPC San Luis) the evolution in constant currency may/17 may/16 was only a +4.4%, and compared with the price of April 2017, it increased by 1.3% of its purchasing power:

Evolucion moneda constante mayo 2017

Note: the price of may 2016 includes the component of the grant received.

 

Marcos Snyder

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