CoBank expects ASF to be beneficial to whey exports
CoBank is forecasting whey exports to China to remain strong in 2021. Knowledge Exchange manager Tanner Ehmke tells Brownfield China’s commercial hog herd rebuilding from African Swine Fever has been a boon for dairy exports.
“Dry whey is a feed additive in China, and we’ve seen those exports increase and we expect that to continue in 2021.”
USDA’s November export forecast was unchanged for dairy exports at $6.6 billion for the 2021 fiscal year, up $200 million from 2020.
Total ag exports increased by $11.5 billion from August to $152 billion. If realized it would be the second highest export total on record with China accounting for most of the increase, driven by record soybean and near-record corn export values.
Brownfield interviewed Ehmke during the National Association of Farm Broadcasting virtual convention.