U.S. Dairy Exports Reach Three-Year High
Record sales of nonfat dry milk powder, skim milk powder, whey products and cheese led exports for the first half of 2017 to the highest levels in three years.
In the first six months of 2017, suppliers shipped 950,291 tons of milk powder, cheese, butterfat, whey and lactose, according to the U.S. Dairy Export Council (USDEC). That amount was 13% more than the previous year and was the highest volume exported since 2014.
Since January, the U.S. has exported 172,990 tons of cheese, up 24% higher than the previous year. Exports of NDM/SMP were 309,175 tons, 20% higher than 2016. Lactose exports dipped a meager 1%. Butterfat was also lower, dropping 6% to the lowest amount it has been since 2009. Whole milk powder exports were at a six year low and down 23% from 2016. Milk protein concentrate exports moved 13% higher than 2016, but were the second-lowest in eight years.
According to USDEC, on a total milk solids basis, U.S. exports were equivalent to 14.3% of U.S. milk production in the first half of 2017.