US dairy exports up 28% in June

Published 2020년 8월 17일

Tridge summary

In June, US dairy exports reached their highest level since April 2018, with over 206,411 tons of milk powder, cheese, whey, lactose, and milk fat shipped. This represents 17.7% of the country's milk powder production, marking the highest figure since April 2018. Cheese exports hit a record high of 38,427 tons, an increase of 29% from the previous year, with Mexico and South Korea showing strong growth in purchases. Whey exports also saw growth, particularly to China, where needs have increased due to the ASF outbreak, leading to the largest volume of US whey exports since May 2018.

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

Original content

This was reported by The DairyNews with reference to the materials of the Dairy Export Council (USDEC). In June, US suppliers shipped 206,411 tons of milk powder, cheese, whey, lactose and milk fat - the highest figure since April 2018. In general, the volume of milk powder exports to the United States in June amounted to 17.7% of the volume of milk powder production in the United States, which is the highest figure since April 2018. In the first half of the year exports amounted to 15.8% of production, compared to 14.1% in the first half of 2019. Cheese exports in June amounted to 38,427 tons, which is 29% more than last year and is also a historic record. Most of this volume falls on agreements concluded in April and May, when cheese prices in the United States were at historic lows. The unit cost of shipments was only $ 3,900 per tonne, the second lowest figure in nine years. Mexico returned to buy the most cheese in two years, showing an increase of 62% over last year. Sales ...

Source: MilkUA