Brazil: Dairy and Products Annual

  |   Attaché Report (GAIN)

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Office of Agricultural Affairs, Brasilia   |   (011-55-61) 3312-7101

Post revised all dairy tables for calendar year 2018 to reflect problems suffered by dairy producers. Lower milk production and exports are expected due to the worsening of the economy following a nationwide trucker strike. Weak domestic milk consumption and soft demand have resulted in limited milk powder imports. The Brazilian dairy sector is expected to expand in 2019, due to growth of the Brazilian economy in 2019, as well as declining inflation and unemployment rates. Major uncertainties in the near future include the volatility of the exchange rate, end-of-year elections, and a new political administration in 2019. Post forecasts dairy production in general to increase by 2 percent.

Brazil: Dairy and Products Annual

 

Western Hemisphere, Brazil

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