Dairy Exports to US to Reach $2 Billion in 2020

URUGUAY - The Uruguayan foreign minister, Luis Almagro, has predicted that dairy exports from Uruguay to the US will double by 2020.
calendar icon 2 April 2012
clock icon 2 minute read

At the assembly of the National Association of Milk Producers (ANPL), it was stated that the dairy sector is one of the most dynamic sectors, seeing growth of 19 per cent in 2011, which was reflected in exports.

Analysts expect that demand will remain at current prices, with only slight downward swings in the coming years.

"This situation, to be accompanied by good weather conditions locally, suggests that it is not only possible but highly probable that the sector reach the target of $2 billion in exports by 2020," Mr Almagro said.

Consequently, Mr Almagro said that both Ciace (Interministerial Commission for Foreign Trade) and Foreign Affairs will have key roles to play in helping private companies to explore new markets.

A working group has also been created that is committed to the analysis of international markets for dairy products.

This group will be led by the Foreign Ministry, but will have technical support from the other ministries that make up the Ciace and call on the private sector to exchange information and views of the proposed actions.

He understood that part of the sector's growth was generated with the support of the National Milk Institute (INALE).

He said the key work of producers who have opted for equity investment with a view to increasing productivity per hectare and per cow, including feed supplements, improving pastures, investing in irrigation and other technologies, has created a production record of 1,850 million litres of milk in industrial plants in 2011. Mr Almagro argued that this increase was reflected in the dairy industry export increase and has improved prices in general exports.

TheCattleSite News Desk

© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.