AreaArgentina

Commodity GroupMilk and dairy products

CommodityDairy products

Date20/10/2020

Policy CategoryProduction

Policy InstrumentState market intervention

DescriptionAllowed the prices of most dairy products to rise by 2 percent under the new provisions gazetted under Disposition 14/2020. This aims to sustain farm profitability margins in view of faster increases in costs of labour and other inputs compared with slowly rising farmgate milk prices. Some major dairy processors are seeking to maintain profitability by introducing new product lines unaffected by the price freezes and limited at-home delivery of milk.