News
U.S. ships record volume of dairy exports in 2020
The U.S. dairy industry exported more than two million metric tons of products in 2020, the largest volume on record for milk solids equivalent.
The U.S. Dairy Export Council says export values were also the highest in six years at $6.6 billion.
Exports of dry whey products and nonfat dry milk had the largest year over year increase compared to 2019 volumes which is attributed to increased demand from China as part of the Phase 1 agreement and tariff exemptions for whey permeate as that country recovers from African Swine Fever.
USDEC says nonfat dry milk demand increased with the U.S. competitively priced in the global market and European stocks no longer overhanging inventories.
December exports of nonfat dry milk were down 15 percent which USDEC says is likely tied to West Coast port issues moving product. Cheese exports for the month were down one percent on the year.
Michael Dykes, head of the International Dairy Foods Association, says export volumes and value are up over 2019 levels in nine of the top 10 markets with some Asian markets nearly doubling in value over 2019.
