Leite: preços reagem no curto prazo, mas mercado ainda busca equilíbrio | BBcast Agro - 09/04/2026
April 9, 2026·4 min
The episode opens with a report on milk prices in Brazil, showing a significant 22.8% increase in February 2026 compared to February 2025, reaching an average of R$2.14 per liter nationwide. It then compares spot market prices between the first and second halves of March 2026, observing a substantial rise of R$0.38 per liter, which suggests continued price pressure for the following month. Consultations with consulates in Rio Grande do Sul, Minas Gerais, Santa Catarina, and Paraná project a medium-high value for the 6% paid to producers in March 2026. Historical data from IBGE is cited, indicating the average price paid to producers was R$2.61 per liter in 2024 but declined by 1.4% to R$2.57 due to increased supply. In February 2026, the CPEA reported an average price of R$2.18 per liter, with expectations of a gradual recovery throughout the year, dependent on supply-demand adjustments. Embrapa data shows production costs fell by R$0.25 in February 2026, ending the first quarter with a 0.8% total cost increase, primarily influenced by reductions in feed costs for concentrated and voluminous components. According to the Foreign Trade Secretariat (SECEX), exports increased by 21.5% in February 2026 compared to the previous month. However, the dairy trade balance accumulated a deficit of $340 million in 2026, equivalent to 144 million liters of milk. The episode concludes with advice for milk producers to improve cost management within their operations, utilizing credit lines for timely input purchases, and relying on Banco do Brasil's specialized agribusiness advisory team. It emphasizes conscious and sustainable credit practices, ending with a promotional message for Banco do Brasil's services in agriculture.
