Brazil Poised to Become World’s Top Wet Nurse

A Brazilian milk cow Brazil could climb from seventh to first position as the world's main milk producer in five years, according to Marcus Alberto Elias, head of the trust controlling the former Italian dairy giant Parmalat Brazilian branch.

Elias took over the Parmalat trust in 2006 and is considered to have a long and successful experience in the restructuring of companies having gone through similar situations with companies such as Gomes da Costa; TendTudo, Camil, Unidas and Eurocash.

"We want to be among the main dairy industry corporations in the country and help Brazil become the world's main exporter of dairy produce," said Elias during an interview with Brazil's financial newspaper Gazeta Mercantil.

However he admitted that there's a long way ahead still. "Our cows produce an average of three liters per day, well below the average of Europe and the United States with 25 and 30 liters," said Elias who added that as a company "we have to recover our share of the market, which is currently only 13%."

Parmalat currently has 15 processing plants in Brazil and operates under the brand names of Parmalat, Gloria, Poços de Caldas and Alimba.

According to Brazil's IBGE (Brazilian Institute of Geography and Statistics), the country's milk production was 25 billion liters (6.6 billion gallons) in 2006 and currently exports the equivalent of 800 million liters (211 million gallons) annually.

India, the United States, China, Russia, Pakistan and Germany are among the world's leading milk producers.

Mercopress

Tags:

You May Also Like

Brazil Convenes US and EU in Effort to Rescue WTO Talks

Brazil will be hosting this weekend a high level meeting in an attempt to ...

While Building an Ethanol Stockpile Brazil Considers Getting Product from US

In Brazil, the hand-to-mouth ethanol supply system has finally run its course. There are ...

Brazil Just US$ 3 Billion Short of Year’s Surplus Goal: US$ 44 Billion

Brazilian exports generated US$ 11.86 billion in November, a record value for the month, ...

Something Is Wrong in the State of Brazil

Something is wrong. Something is wrong with a country when you wake up and ...

Brazil’s International Organic Fair Exceeds Expectations

The BioFach América Latina 2004, the continent’s biggest organic product fair, ended on Friday ...

Heated Domestic Demand Ups Brazil GDP to 5.2% This Year

The Brazilian GDP is forecasted to expand 5.2% in 2007, up from the original ...

Brazil’s Dilemma: Moratorium or Euthanasia

Once in a while, certain important questions, some even transcendental ones, emerge from dealing ...

Lower Interests Expectation Takes Brazil Market to Record High

Brazilian and Latin American shares rose, as investors await the unveiling of Argentina’s acceptance ...

Italy Goes to Brazil to Build Ports and Railroads

Brazil’s Minister of Planning, Budget, and Management, Guido Mantega, signed an agreement, October 28, ...

A New UN Poverty Index Shows Brazil with an Improvement of 20% in Six Years

Brazil’s Multidimensional Poverty Index (“MPI”) has dropped by 22.5% in six years. According to ...