Argentina: Dairy and Products Annual
After some years of decline, the Argentine dairy sector is beginning to recover. Milk output for 2018 is expected to rebound by 5 percent to 10.7 million tons (11,021 million liters) compared to 2017. This recovery is thanks to ongoing structural changes, higher prices, and better weather conditions after massive floods in 2016 and 2017. However, the sector’s recovery still faces a myriad of obstacles as it confronts high costs and the lack of competiveness in international markets.
