Market Report, "Drinking Milk Products in Venezuela", Published
The Venezuelan government's policy of imposing price controls on milk has led to Venezuela's dairy farmers having a strong incentive to sell their milk to small cheese producers at an average price of BsF5 per litre, while the regulated price of raw milk is BsF3.60. According to one company source, the current manufacturing cost of raw milk in Venezuela is BsF5.60 per litre, more than 50% higher than the maximum price of milk, which has been set at BsF3.60 by...
View full press release