Pricing relationships improved for U.S. suppliers in February as product availability from Oceania was constrained by drought.
Source: U.S. Dairy Export Council
U.S. dairy exports improved in the first quarter of 2013 after lagging in the second half of 2012.
Pricing relationships began to improve for U.S. suppliers in February as product availability from Oceania was constrained by drought.
U.S. export volumes of dry ingredients (milk powder, whey products, lactose), cheese and butterfat topped 412,000 tons in Q1, up 11.3% from the fourth quarter of 2012, and up 1.6% from a year ago.
Total value was $1.38 billion, up 12.2% from the fourth quarter, and up 3.1% from last year.
Cheese, butter, WPC and lactose shipments exceeded prior-year levels. Cheese exports in the first