U.S. dairy product exports hard to contain

Published 2021년 9월 7일

Tridge summary

U.S. dairy exports experienced a 7% increase in volume and a 20% increase in value in July compared to the same period last year, marking the sixth consecutive month of year-over-year growth. This growth is despite logistical challenges such as port congestion leading to lower shipments and higher empty container rates. The export value for the first seven months of the year reached $4.48 billion, up 14.3% from the same period last year. However, exports of nonfat dry milk and skim milk powder fell behind year-over-year comparisons. The USDA forecasts that the value of dairy product exports in fiscal years 2021 and 2022 will be two of the highest on record. Additionally, the article discusses the requirements for new health certificates for U.S. dairy products exported to the EU, South Korea, Brazil, and the UK, and concerns over nontariff trade barriers imposed on U.S. agricultural products developed through biotechnology.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

U.S. dairy exporters continued to overcome logistical challenges in July, moving more products into international markets compared to the same month a year earlier for a sixth consecutive month. USDA July agricultural export figures were released on Sept. 2. According to a monthly update from the U.S. Dairy Export Council (USDEC), the numbers remain strong. Before we get to the numbers, however, the U.S. Dairy Exporter Blog puts some of the export challenges posed by U.S. port congestion into context. July 2021 total outbound shipments of all products through the major California ports of Los Angeles, Long Beach and Oakland were lower than any point in the past year, and the quantity of full containers shipped out of California ports was the lowest in over a decade. Container companies opted to transport empty containers back to Asia to shorten turnaround times rather than pick up U.S. agricultural products – unless exporters were willing to pay extravagant prices and extra fees, ...

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