U.S. dairy exports maintain momentum

In April 2021, U.S. dairy exports experienced a significant surge, with a 25% increase in volume and a 33% increase in value compared to the same period in the previous year, as reported by the U.S. Dairy Export Council. This growth is attributed to improved port conditions that helped clear a backlog from earlier in the year. Notable increases were seen in cheese, whey, and nonfat dry milk/skim milk powder exports, with cheese exports to Mexico, Central and South America, South Korea, Japan, Australia, and other countries experiencing strong demand. Additionally, butterfat exports also saw a significant increase. The U.S. is projected to see continued growth in dairy exports in FY 2021, reaching approximately $7 billion, due to increased demand for skimmed milk powder, whey, and other dairy products. However, challenges such as port congestion and potential health management concerns may impact dairy cattle exports. The U.S. is also considering legislation that would allow private financing of agricultural exports to Cuba.