Sep 15, 2014
Home| Tools| Events| Blogs| Discussions Sign UpLogin

Exports Dominate Dairy Forecast

January 8, 2014
By: Catherine Merlo, Dairy Today Western and Online Editor google + 

Economists point to exports as the brightest constellation in the 2014 dairy outlook.

U.S. dairy exports in 2013 not only mark a fourth consecutive record year but a new, high watermark for the ninth time in 10 years.

U.S. dairy exports have risen some 30% in value over year-earlier levels to $6.7 billion, says Alan Levitt with the U.S. Dairy Export Council.

In volume, exports have climbed by about 18% to 3.9 billion pounds of milk solids. U.S. dairy exports are on track to account for an impressive 15.54% of the nation’s 2013 milk output. That’s by far a record and compares to the recent normal of 13%. From May to October, milk exports accounted for nearly 17% of U.S. milk production.

"Ten years ago, the U.S. exported just 5% of our milk production," according to Levitt. "That means we have found new markets for 10% to 12% of our milk.

See Comments

FEATURED IN: Top Producer - January 2014

Log In or Sign Up to comment


No comments have been posted



Receive the latest news, information and commentary customized for you. Sign up to receive the AgWeb Daily eNewsletter today!.

Enter Zip Code below to view live local results:
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by|Site Map|Privacy Policy|Terms & Conditions