Tridge summary
U.S. dairy exports in September saw a significant increase, with a 17% rise in volume and a 28% increase in value, totaling $655 million. This growth is expected to continue, setting a new record. The surge was led by a 20% increase in cheese sales and a 223% rise in butterfat exports. Nonfat dry milk, dry whey products, and lactose also experienced increases. The U.S. Dairy Export Council acknowledged the benefits of rerouting exports to Mexico by rail to manage port congestion. However, there are concerns about China's dairy demand, as it may not be able to sustain its current buying pace due to large stocks.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The U.S. Dairy Export Council says exports for the month of September continued to climb and are on pace for another record year. Dairy exports were up 17 percent in volume and 28 percent in value which totaled $655 million. Cheese sales increased 20 percent for the month while butterfat exports in September were up 223 percent. Exports of nonfat dry milk were up 16 percent, dry whey products were up five percent and lactose was up six percent. The Export Council says diverting exports by rail to Mexico has served as beneficial ...
Source: Brownfield Ag
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