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Brazil's average raw-milk price paid to producers fell 5% month over month in September to R$2.76 per liter, while milk collection rose 2.16%. Greater seasonal domestic supply and increased dairy imports also contributed to lower wholesale prices for UHT milk, powdered milk and mozzarella; dairy imports rose 8.38% from August.
Rising domestic production and imports expand available supply, putting downward pressure on milk and dairy-product prices. The resulting weaker producer returns could eventually constrain output, but the reported near-term effect is bearish for milk prices.
conexaosafra.comDaiane F. OlaNov 9, 2026After 49 past bearish trade events, Milk (Class III) moved a median -0.3% over 5 sessions (39% higher; middle half -4.7% to +1.5%), and -0.4% 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.
