Tridge summary
In June, U.S. dairy product exports experienced a double-digit growth, marked by record cheese exports and increased sales of nonfat dry milk and skim milk powder, despite challenges in other agricultural exports. However, the trade deficit continued to increase, marking the fourth consecutive month. The U.S.-Mexico-Canada Agreement (USMCA) is facing criticisms, with the National Milk Producers Federation and other stakeholders alleging Canada's violation of the agreement. Meanwhile, U.S. senators are pushing for stronger protection of common food and wine terms in future trade negotiations to prevent European Union from closing markets to U.S. cheeses. The Consortium for Common Food Names, along with other dairy stakeholders, claimed a victory when the USPTO's Trademark Trial and Appeal Board rejected an application to trademark the term "Gruyere," maintaining its status as a generic cheese name.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Despite a highly disrupted trade environment, June capped a six-month period that saw U.S. dairy product exports post double-digit growth. On the other hand, exports of hay dipped to a five-month low, while exports of dairy replacement heifers fell to the lowest level in more than four years. The strong dairy exports weren’t enough to offset agricultural imports, leading to a fourth straight “deficit” month for U.S. ag trade. Here’s an early August update on three U.S. ag export categories tracked by Progressive Dairy, and other dairy export news. Dairy product sales are headliner Headline highlights regarding dairy product exports in June included record cheese exports, continued robust sales of nonfat dry milk and skim milk powder (NDM/SMP), ongoing recovery of whey sales and record shipments of fluid milk/cream, according to the U.S. Dairy Export Council (USDEC). Volume basis: U.S. suppliers shipped 206,411 tons of milk powders, cheese, whey products, lactose and butterfat in ...
Source: Progressivedairy
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