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Articles Tagged with ''dairy exports''

July exports climb after unassertive first half of 2024

After a modest start to 2024, July’s dairy exports posted strong gains and set momentum for the second half of the year.
September 11, 2024
Jenn Coyne

Gains made across all categories helped U.S. dairy exports post a 9.6% year-over-year rise in milk solids equivalent in July. The month’s success set the tone for an optimistic second half of the year. Here’s Progressive Dairy’s 30,000-foot view of dairy-related export categories.


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Rabobank: Market narratives are shifting

September 9, 2024
Karen Lee

Analysts at Rabobank are expecting supply from the seven major milk-producing regions of the world to increase modestly over the second half of 2024 due to recent improvements in milk prices and cheaper feed.


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Economic Update: U.S. exporters’ secure rights to use common food names in Chilean market

Global dairy trade, FSA interest rates and farmer sentiment shift downward.
September 5, 2024
Karen Lee

In economic news this week: U.S. exporters’ secure rights to use common food names in Chilean market. Global dairy trade, FSA interest rates and farmer sentiment shift downward, and the USDA launched an online debt consolidation tool.


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Dairy exports remain strong in USDA’s latest forecast

Steady growth of U.S. dairy exports is expected in fiscal year 2025, according to the USDA’s latest quarterly outlook.
August 30, 2024
Jenn Coyne

To date in 2024, total dairy exports are valued at $5.9 billion with the fiscal year-end forecast at $8 billion.


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Exports slip in June despite winning streaks with cheese, whey

June’s dairy exports slipped 0.3% from a month prior as gains in cheese and whey offset other dairy product declines.
August 8, 2024
Jenn Coyne

Healthy growths in cheese and whey sales buoyed U.S. dairy product exports in June as nonfat dry milk and skim milk powder, lactose and milk protein concentrates took hits. At the midpoint of 2024, U.S. dairy product exports were down 1.7% in milk solids equivalent. Here’s Progressive Dairy’s 30,000-foot view at dairy-related export categories.


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U.S. dairy exports struggle as May slips 5%

In May, cheese continued shining while other dairy products disproportionately weighed on the market, embodying the ebb and flow of the dairy industry this year.
July 10, 2024
Jenn Coyne

The latest trade reports reveal another month of poor markets with U.S. dairy product exports slipping 5% from the modest growth seen in April. Despite concerns for the relatively flat U.S. dairy export performance in 2024, cheese continues to impress. Here’s Progressive Dairy’s 30,000-foot view at dairy-related export categories.


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Dairy product exports on the up and up from April reports

A 3% increase in U.S. dairy product exports reflect continued cheese growth and improving whey and butterfat volumes to offset declines in milk powder and lactose.
June 12, 2024
Jenn Coyne

Better whey and butterfat product exports, along with the ever-growing cheese category, helped settle U.S. dairy product exports at a 3% rise in April, marking the second month of the year to record growth. Here’s Progressive Dairy’s 30,000-foot view at dairy-related export categories.


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Economic Update: June 2024 Class I base price improves

May 23, 2024
Karen Lee and Dave Natzke

Here is a look at news affecting your dairy's bottom line before the Memorial Day weekend.


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Dairy exports slip in March despite another cheese run

Surging cheese sales in March were not enough for U.S. dairy exports to continue the strong performance seen a month prior.
May 7, 2024
Jenn Coyne

Despite climbing U.S. cheese shipments in March, U.S. dairy exports fell into the red with a 7% slip from a strong year-over-year performance in February. Here’s Progressive Dairy’s 30,000-foot view at dairy-related export categories.


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Economic Update: Dairy exports, European milk declines, and H-2A and traceability rule updates

May 6, 2024
Karen Lee

Here is a summary of the latest news affecting your dairy operation's bottom line for early May.


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