Jul 31, 2014
Home| Tools| Events| Blogs| Discussions Sign UpLogin

U.S. Dairy Exports Reach Record Levels in April

June 7, 2013
Pier A 4[1] imports
  
 
 

Gains were led by an unprecedented level of milk powder shipments.

Source: U.S. Dairy Export Council

Capitalizing on steady global demand, declining supply from other exporters and favorable pricing relationships, U.S. dairy exporters moved record volumes overseas in April, the U.S Dairy Export Council (USDEC) reported this week.

U.S. exports of dry ingredients (milk powder, whey products, lactose), cheese and butterfat topped 168,000 tons in April, up 20% compared with March (on a daily-average basis).

Total value was $558.8 million, up 16% from March, and also a new high.


Top 10 Markets for U.S. Dairy Exports

(January to April 2013,
and change vs. prior year)
 

1. Mexico - $425 million, +3%
2. Southeast Asia - $368 million,+10%
3. Canada - $215 million, +18%
4. Middle East/North Africa - $207 million, +19%
5. China - $135 million, -3%
6. Japan - $110 million, +7%
7. Oceania - $94 million, +43%
8. South Korea - $88 million, +22%
9. South America - $86 million, +11%
10. Caribbean - $61 million, +11%

Source: US Dairy Export Council


Gains were led by an unprecedented level of milk powder shipments, USDEC noted.

April exports of nonfat dry milk/skim milk powder (NDM/SMP) were 55,187 tons; the previous high was 47,787 tons in October 2010. Exports were equivalent to 61% of U.S. NDM/SMP production in April, leading to a steep draw-down in manufacturers’ stocks during the month. April also marked the third straight month of improved export volumes. February-April shipments were 38% higher than volumes posted in the previous three months (November-January).

Shipments of cheese, WPC and lactose also continue to exceed prior-year levels. Cheese exports in the first four months of the year were up 7% vs. a year ago, WPC was up 16% and lactose was up 11%. In addition, fluid milk/cream (+62%) and ice cream (+52%) posted very strong increases in the January-April period.

Dry whey exports improved in April, posting their highest volume since May 2012. April exports of 19,647 were up 6% vs. a year ago.

READ MORE
Previous 1 2 Next

See Comments


 
Log In or Sign Up to comment

COMMENTS

No comments have been posted



Name:

Comments:

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:
bayer
 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions