National leaders share bullish views for U.S. dairy

Published 2024년 10월 29일

Tridge summary

The U.S. dairy industry is optimistic about its future, with exports playing a significant role, growing from 3% to 17% of the U.S. dairy supply. New cheese production is also finding homes outside the U.S., with demand rising in many destinations. The industry is also seeing a historic amount of new investment in milk processing in the U.S., primarily for cheese production and packaging extended shelf life milk products. Consumers are influenced by health and eating habits, financial pressure, and sustainability, but dairy products continue to offer opportunity for growth. The U.S. dairy industry believes it is in a unique position to meet global demand due to its productivity and sustainability practices.

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

Original content

As the dairy industry gathered at World Dairy Expo in Madison, Wisconsin, the week wrapped up with a lot of optimism for what’s ahead for the U.S. dairy industry. Four national dairy leaders were featured at the Global Dairy Summit, held by the Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP) on the expo grounds. The panel presentation, moderated by Corey Geiger, dairy lead economist at CoBank, covered the topics of global dairy product prospects, domestic dairy production and manufacturing trends, consumer dairy product purchasing patterns, and the future of dairy ingredients. Dairy exports Since the U.S. Dairy Export Council (USDEC) was founded by Dairy Management Inc. (DMI) in 1995, the amount of the U.S. dairy supply that is exported has grown from 3% to 17%. With the U.S. population fairly stable and dairy present in over 90% of households, growth for the industry is going to come from outside the country's borders. “The industry realized quite a few ...

Source: Progressivedairy