February Dairy Exports Up 15%
U.S. dairy exports in February shot up 15% over last year when adjusted for leap year in 2016.
Cheese, milk powder and whey products were up 18%.
Over the last nine months, U.S. exports were up 14% from the previous year, reports Al Levitt, with the U.S. Dairy Export Council.
On a total milk solids basis, U.S. exports were equal to 14.8% of U.S. milk production in February. Imports remain fairly steady at 3.6% of production.
Shipments to Mexico rebounded in February, totaling $114 million. This was the highest total in nearly two years, says Levitt. And shipments to China were also very strong, up 90% from a year ago.
Sales to Canada were flat, at $47.8 million. Those sales could tumble come May, when Canada has announced it will no longer accept milk protein concentrates from the United States.
On a commodity basis, non-fat dry milk/skim milk powder (NDN/SMP) were up 30%. Shipments to Mexico were up 38% and nearly doubled in shipments to Pakistan. This offset a decline in NDN/SMP exports to the Philippines, which dropped off 40% in February.
Whey exports were up 26% in February compared to a year ago, with nearly half of whey sales going into China. China doubled its imports in February compared to 2016, and import there are up 75% over the past nine months.
Cheese exports also climbed nicely, up 12% and were the highest level on a daily average basis in the past 21 months, says Levitt. Nearly 2,500 tons of cheese were exported to Australia. Cheese shipments to South Korea were up 20% to 4,295 tons.
Read Levitt’s full report here.