Uruguay dairy exports jump 20% in value in first half of 2012 and reach 346m

Wednesday, July 11th 2012 - 06:23 UTC

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Powdered milk and cheese are the country’s main dairy exports

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.

Categories: Economy, Uruguay.

Tags: dairy export, iNALE, Uruguay.

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ManRod
nice...

Well, there must be a producer, who will substitute the argentine Meat/Milk exports, since Argentina now practices the new “model” of isolation. Brazil is going to pay every price for Uruguayan milk/meat.
Jul 11th, 2012 - 12:10 pm 0
Guzz
Proud of my little country, even at higher prices we compete.
It's all about quality :)
Jul 11th, 2012 - 12:15 pm 0
ManRod
Hopefully Uruguay will stand proud and do not let itself bully by it's eastern neighbour. You need guys like former president Batlle, who were very eager on pointing out, that you are not the same side of the coin as your neighbours and that you are a little, but clean and non-corrupt nation. I just fear that Mujica might produce alot of damage to Uruguay's decent reputation, if he becomes a little “dog” of Chavez and Christina.
Jul 12th, 2012 - 02:17 pm 0

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