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High production costs and weather issues lead to valuations, but profitability continues impaired

Cepea, September 2nd, 2021 – Despite the weak demand and negative results in the Brazilian dairy market in July, domestic dairy plants did not manage to impose price drops for milk. Weather issues and frosts reduced supply even more between July and August, increasing agents’ uncertainties about the volume produced. The competition between dairy plants for milk increased in that period too
Fonte: CEPEA



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