Time to ditch your at-home café con leche habits. The price of milk in Argentina is the second-highest in the world this year, according to a ranking of 36 countries compiled by the Department of Statistics and Trends at the Center for Grocers. One liter in Argentina costs US $1.55, second only to a liter in Canada, which costs US $1.86.
For the past five years, milk in Argentina hovered around the international median price: US $1.00 for public sale, and US $0.30 paid to the producer, according to the study. In 2017, it surged by $0.55. The past two years have witnessed a resulting 12 to 14 percent drop in consumption and sharp increase in the production of milk derivatives, according to Alberto Coronel, a lawyer from the Industry Workers’ Association of the Argentine Republic (ATILRA).
The culprits? Politics and climate change. “We have no dairy policies,” said Marcelo Aimaro, president of the Bureau of Dairy Producers of Santa Fe, in radio statements. “Global warming has caused three water crises, which decreased our production from 8 to 5 million liters.” A 37.5 percent drop, in other words. Since companies are not investing in new technologies, Aimaro said, an estimated 4,000 to 5,000 dairies were forced to shut their doors this year.
I guess we’re stuck with soy milk for now.