Peru: Dairy Update
Link to report:
Milk production in calendar year (CY) 2021 is estimated at 2.2 MMT, an increase of three percent compared to the previous year. Peruvian dairy farmers are undergoing a severe financial crisis as a result of high commodity and freight prices combined with unusual devaluation of the Peruvian Sol. Peru does not produce enough milk to satisfy domestic demand. Powdered milk imports into Peru are estimated at 66,000 MT for 2021.
