Brazil: Dairy and Products Annual

Milk production in Brazil for 2024 is expected to increase by 1 percent to 25 million metric tons (MMT) and to increase again in 2025 to 25.4 MMT. Industry expectations are elevated by larger investments in technology, increase in milk prices and a slowing of the increase in inputs. However, the estimate for 2024 is tempered by adverse weather patterns, including the flooding in Rio Grande do Sul. Post estimates an increase in butter production in 2024 to 780 MT and 795 MT in 2025.