Cepea, January 15, 2021 – Milk supply should continue low in 2021, majorly in the first quarter of the year, with volumes below the average from the same period of 2020. This scenario is linked to the unfavorable weather registered last year (dry and with high temperatures, which should damage pastures) and the continuous increase of production costs (the quotes of the two major components of feed, corn and soybean meal, have hit record levels).
As regards demand, low supply should keep the competition between dairy plants for milk to replenish inventories
Fonte: CEPEA
