Uruguay dairy exports jump 20% in value in first half of 2012 and reach 346m
Uruguayan dairy exports in the first half of this year increased 30% in volume and 20% in value over the same period a year ago totalling 346 million dollars, according to the latest release from the National Milk Institute, Inale.
Exports increased for all items: powder milk, 26.552 tons (up 4%): skimmed milk, 7.668 tons (up 41%); cheese 23.647 tons (up 33%) and butter 8.927 tons (up 67%), which means that in the first half of the year exports totalled 101.845 tons.
Regarding value the first place went for cheese, 136.4 million dollars; followed by whole powered milk, 102.7 million dollars (down 4%). All the other items increased in total value or exports.
It must be mentioned that Uruguay’s dairy produce export prices in this period were higher than those from Oceania and Europe.
However in June prices suffered a significant fall compared to January 2012: skimmed powder milk was down 17%; cheese 3% and butter, 12%, while whole powder milk was up 3%.
The export price for whole powered milk reached 3.766 dollars per ton which is 18% less that in the first half of 2011; skimmed powder milk 3.152 dollars, down 19%: cheese, 5.776 dollars also down but 4% while for butter the price tumbled 27% to 3.465 dollars.