US dairy product exports increased from April reports

Published 2024년 6월 12일

Tridge summary

U.S. dairy product exports experienced a 3% increase in April, marking the second month of growth in 2024, primarily driven by cheese, whey, and butterfat categories. Cheese exports saw a 27% rise, with Mexico leading in imports, and there was a notable first year-over-year increase in high-protein whey and butterfat. The National Milk Producers Federation reported that the Cooperatives Working Together (CWT) program facilitated sales of American-type cheese, whole milk powder, and cream cheese to customers in various regions. Despite a decrease in dairy heifer replacement exports, there was a significant surge in dairy embryo exports. However, hay exports, including alfalfa hay, saw a slight decline in April. April's agricultural trade balance marked the largest deficit on record.

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

Original content

Better whey and butterfat product exports, along with the ever-growing cheese category, helped settle U.S. dairy product exports at a 3% rise in April, marking the second month of the year to record growth. Here’s Progressive Dairy’s 30,000-foot view at dairy-related export categories. April exports show glimpse of possible good fortune The U.S. dairy product exports have once again boomeranged from a month of declines to another month of increases, according to the U.S. Dairy Export Council’s monthly market update. April’s report indicated a 3% rise in dairy product exports in milk solid equivalents, mostly due to cheese’s continued rally as well as advances in the whey and butterfat markets. April’s rise is the second month in 2024 where exports increased. The other month was February, while January and March recorded declines in dairy product exports. Cheese prolonged its market rally with exports rising 27% to 46,270 metric tons, a near record shipment. March 2024 marked the ...

Source: Progressivedairy