America exports less dairy, but more whey exports to the Netherlands

Published 2024년 3월 12일

Tridge summary

US dairy exports experienced a 5% decline in January, marking the twelfth consecutive monthly drop, with the export value falling by 16% to $597 million due to slow economic growth in key markets. Despite this, cheese exports saw a 13% increase due to high demand in regions such as Mexico, Central America, South America, and the Caribbean. High-quality whey ingredients also saw a 25% rise in exports due to significant demand from China, the Netherlands, India, and Southeast Asia. However, exports of skimmed milk powder fell by 14%, largely due to reduced demand from Mexico and lower milk production in the US.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Last January, Americans exported 5% less dairy, in milk equivalents, than in the same month a year earlier. The export value fell by 16% to $ 597 million. Mild economic growth in many important markets caused consumers to limit their purchases. On an annual basis, this is the twelfth monthly decline in a row, reports export organization Usdec. A bright spot for the Americans is a record volume of cheese that crossed the border in January. There are also indications of an improvement in whey exports. More demand for cheese Usdec expects that little will change in global demand for dairy during the first half of this year. The organization does speak of a number of encouraging developments. For example, cheese exports increased by 13% in January to 38,299 tons. This was due to good demand in Mexico, Central America, South America and the Caribbean. Explosive growth of American whey exports to the Netherlands Exports of high-quality whey ingredients (WPC80+) were on the rise for the ...

Source: Boerderij