South Dairy Trade ARGENTINA:

Argentine Dairy Market Rebound: Strong Start to October

The Argentine dairy market began October showing signs of strengthening. Between October 1 and 15, the average export price reached U$D 3,533.15 per ton, marking an 8.5% increase compared to the second half of September. Additionally, 13,001.84 tons were exported, 3.3% more than the previous period, with export destinations expanding from 26 to 27 countries.

These results reflect stronger international demand and efforts to diversify markets, establishing a positive start for the final quarter of the year.

● Whole Milk Powder:
Price: U$D 3,601.42 | Variation: -1.25% | Export Volume: 6,481.06 tons

● Skimmed Milk Powder:
Price: U$D 3,221.22 | Variation: +15.13% | Export Volume: 1,372 tons

● Semihard Cheese:
Price: U$D 4,518.46 | Variation: +0.31% | Export Volume: 1,639.2 tons

● Hard Cheese:
Price: U$D 6,482.94 | Variation: -0.54% | Export Volume: 335.48 tons

● Butter:
Price: U$D 5,609.68 | Variation: -0.94% | Export Volume: 999.02 tons

● Buttermilk:
Price: U$D 2,850 | New Export Registrations | Export Volume: 25 tons

● Whey Permeate:
Price: U$D 590.37 | Variation: -4.73% | Export Volume: 758.3 tons

● Partially Demineralized Whey (D40%):
Price: U$D 897.67 | Variation: -7.47% | Export Volume: 882.56 tons

● WPC 35% (Whey Protein Concentrate 35%):
Price: U$D 2,283.84 | Variation: -6.99% | Export Volume: 393 tons

● WPC 80% (Whey Protein Concentrate 80%):
Price: U$D 7,271.38 | Variation: -13.63% | Export Volume: 116.22 tons

Skimmed Milk Powder and D40 Whey: Key Factors in Total Export Volume

Skimmed milk powder played a pivotal role in the first half of October, with 1,372 tons exported, marking an 111.8% increase compared to the 647.85 tons of the previous period. This surge made a significant contribution to the total export volume, establishing it as one of the main drivers of the export rebound during this period.

In contrast, exports of partially demineralized whey (D40%) experienced a sharp decline, dropping from 2,280.6 tons in the second half of September to 882.56 tons in the first half of October, a 61.3% reduction. This drop moderated the overall growth in export volume, which was offset by the strong performance of skimmed milk powder. Other products showed less significant variations.

South Dairy Trade URUGUAY:

Uruguayan Dairy Market: Price Drop, Export Volume Increase

In the first half of November, the Uruguayan dairy market showed a mixed performance. While the average price per ton decreased by 3.3%, dropping to U$D 3,577.74 from U$D 3,701.51 in the second half of October, the export volume grew significantly. A total of 13,061.39 tons were exported, representing a 17.2% increase compared to the 11,141.75 tons of the previous period.

However, the number of export destinations fell from 38 to 28, indicating a possible focus on key markets. This trend suggests an adjustment in the export strategy, prioritizing volume and potentially aiming for price competitiveness to maintain demand.

● Whole Milk Powder:
Price: U$D 3,654.39 | Variation: -0.22% | Export Volume: 9,637.62 tons

● Skimmed Milk Powder:
Price: U$D 2,795.74 | Variation: +1.03% | Export Volume: 1,607 tons

● Semihard Cheese:
Price: U$D 4,619.10 | Variation: +0.21% | Export Volume: 97.85 tons

● Hard Cheese:
Price: U$D 6,256.11 | Variation: +1.64% | Export Volume: 134.01 tons

● Butter:
Price: U$D 6,096.87 | Variation: +2.42% | Export Volume: 810.01 tons

● Buttermilk:
No exports registered in this period.

● Partially Demineralized Whey (D40%):
Price: U$D 1,018.28 | Variation: -8.89% | Export Volume: 774.9 tons

Uruguay Boosts Dairy Exports with Strong Growth in Three Key Products

Uruguayan dairy exports experienced a significant boost in the first half of November, with three key products leading the growth in volume. Whole milk powder remained the dominant product, reaching 9,637.62 tons, a 10.6% increase compared to the 8,711.25 tons exported in the second half of October. This product accounted for 73.8% of the total export volume, cementing its role as the main driver of the sector and Uruguay’s flagship product in the global dairy market.

Meanwhile, skimmed milk powder nearly doubled its volume, with 1,607 tons exported compared to 829.23 tons in the previous period. This represented an impressive 93.8% growth, making up 12.3% of the total export volume.

Partially demineralized whey (D40%) also showed a strong increase, with 774.9 tons exported, a 63.1% rise from the 475 tons in the second half of October, contributing 5.9% to the total.

Together, these three products accounted for 92% of the total export volume, reinforcing Uruguay’s leadership in the international dairy market and marking a strong start to November.

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