Loading…
Argentina’s milk production rose 4.5% in the first eight months of 2026 year over year to 7.515 billion liters, while domestic consumption rose 4% and exports reached a record 2.086 billion liters equivalent. Despite the volume growth, average farm revenue fell 10% in real pesos in August year over year, and the price paid to producers was 17.8% lower in real terms; smaller and medium-sized farms reported negative profitability.
Higher milk output and record exports add supply, while weak producer returns may pressure farm output if closures continue. The supply growth is bearish for milk prices in the near term, though farm exits could eventually temper it.
diariolamanana.com.arNov 8, 2026After 273 past bearish report events, Milk (Class III) moved a median -0.2% over 5 sessions (39% higher; middle half -1.3% to +0.4%), and -1.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
