After high in the field, milk is already falling in retail – 03/28/2023 – Vaivém

After high in the field, milk is already falling in retail – 03/28/2023 – Vaivém

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Contrary to what usually happens at this time of the year, the price of milk rose again in the countryside. In February, prices were 1.6% higher than in January, accumulating 7% in the first two months. Compared to February 2022, the real increase is 17%.

A liter of milk is worth, on the national average, R$ 2.7276, according to a survey by Cepea (Center for Advanced Studies in Applied Economics), at Esalq/USP.

The increase in prices was due to lower funding, affected by the adverse weather. According to the Cepea index, the supply of milk was 1.8% lower last month.

This lower supply generated an increase in wholesale prices in the first half of February, a period in which industries still managed to readjust the product.

In the second fortnight, however, prices began to drop in distribution channels and the drop has already reached retail. The price survey by Fipe (Fundação Instituto de Pesquisas Econômicas) shows a drop of 1.02% in long-life milk in the last 30 days in supermarkets in São Paulo.

Cepea analysts attribute the drop in prices at the end of March to a decline in consumption and an increase in imports. Imports for February this year are double those for the same period last year.

The continuity of lower milk collection and the arrival of the off-season should, however, inhibit price reductions in the field, according to Cepea.

Fat ox After the resumption of beef imports by China, the value of the beef at arroba has been reacting. This Tuesday (28), trades took place at R$ 295 in the state of São Paulo.

fat ox 2 The data are from Cepea (Center for Advanced Studies in Applied Economics), which pointed to R$ 276 per arroba the day before (22) the announcement of the return of the Chinese to the Brazilian market.

Rice In full harvest, the rice bag registered the highest price since mid-February. The bag was traded at R$ 87.13 this Tuesday, according to Cepea’s price monitoring.

Exports The output of corn to the foreign market loses strength this month, retreating to 836 thousand tons. Soybeans increase the pace, rising to 15.2 million tons, according to Anec (National Association of Cereal Exporters).


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