Leite: preços reagem no curto prazo, mas mercado ainda busca equilíbrio | BBcast Agro - 09/04/2026
·4 min
The episode opens with a report that milk prices captured in February 2026 averaged R$2.14 per liter nationally, marking a 22.8% increase from February 2025. A comparison of spot market prices between the first and second halves of March 2026 shows a significant rise of R$0.38 per liter, indicating upward pressure for the following month. Consultations with consulates in Rio Grande do Sul, Minas Gerais, Santa Catarina, and Paraná project a 6% average price increase for milk paid to producers in March 2026. Historical data from IBGE notes the average milk price to producers was R$2.61 per liter in 2024, but it declined by 1.4% in 2020, reaching R$2.57 due to higher supply. In February 2026, the CPEA-reported national average was R$2.18 per liter, with expectations of gradual recovery throughout the year contingent on supply-demand balance. Embrapa data indicates production costs in February 2026 dropped by R$0.25 per liter, closing the first quarter with a 0.8% total cost increase; the main drivers were lower costs for concentrated and voluminous feed. According to SESECS, exports rose 21.5% in February 2026 compared to the previous month. The episode mentions a 0.10% rise in GDP value and a R$1.28 per liter drop in 2020. Global exports of Brazilian milk and dairy products increased by nearly 3% in February 2026. Brazil's importation of traditional milk and dairy products rose to R$2.3 per liter, attributed to the third quarter, with a R$1.18 per liter drop due to market conditions in the last two months. Powdered milk was the main imported product for three months; according to CCX, the accumulated 2026 dairy trade balance showed a $340 million deficit, equivalent to 144 million liters of milk. The episode advises milk producers to seek optimal cost management, utilize credit lines for input acquisition, and consult specialized agribusiness advisors. It concludes by promoting Bank of Brazil's team and sustainable credit options.
