Dairy Giant Faces Closure Amid Financial Turmoil
Sourse: dairynews.today
La Suipachense, a key player in Argentina's dairy sector, is on the brink of closure due to financial troubles, with debts exceeding $3.6 billion and operational disruptions.
A major player in the Argentine dairy industry, La Suipachense, is facing an imminent shutdown due to severe financial distress. The company has ceased milk processing, impacting 180 producers who have not been paid for their deliveries. The company is grappling with a bank debt of over $3.6 billion due to bounced checks. This crisis has also left 140 workers in uncertainty, as reported by the union ATILRA, with complaints of unpaid wages and social contributions. The management attributes the crisis to 'financial stress' from falling milk prices and increased costs, yet workers blame the absence of the Venezuelan controlling group, Maralac, along with unpaid dues.
Key News of the Week
16.09.2025
Rethinking Global Milk Production Figures: A Critical Perspective
In the recent article “The Dairy Map of the World 2025: Who Feeds the Planet?”, it was noted that global milk production reached around 950 million tons in 2024, with India and Pakistan driving much of the 3% growth in Asia. At the same time, global dairy trade remains uneven: while some countries expand their export positions, others remain focused on domestic consumption.
