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60511-lee-global-summit.jpg

National leaders share bullish views for U.S. dairy

Strong protein demand, both domestic and global, is opening more opportunities for dairy products and ingredients.
October 29, 2024
Karen Lee

Four national dairy leaders were featured at the Global Dairy Summit, held by the Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP) on the expo grounds. The panel presentation covered the topics of global dairy product prospects, domestic dairy production and manufacturing trends, consumer dairy product purchasing patterns, and the future of dairy ingredients.


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Supply and demand expectations for the top 5 global dairy regions

The U.S., Europe, Oceania, South America and China make up over 80% of global dairy trade. Some of these regions are poised to grow in milk production to meet the world's growing demand for dairy.
October 22, 2024
Karen Lee

At a 2024 World Dairy Expo breakfast event, Rabobank’s global dairy analysts provided an overview of the major dairy regions across the world in terms of their milk production capabilities and trade outlook.


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Weekly Digest: Fluid milk sales trend higher than last year

October 17, 2024
Karen Lee
In the news this week: August fluid milk sales are up, sugar in school milk is down, and the first champions were crowned in The Milk Cup.
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Weekly Digest: Port agreement keeps exports moving in the East, dairy workers in the West contract bird flu

October 7, 2024
Karen Lee
The Weekly Digest covers news from coast to coast this week, including the agreement reached to end the East and Gulf coast port strike, two confirmed cases of bird flu in California dairy workers and USDA resources to help Hurricane Helene-impacted farmers.
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Economic Update: Farm bill allowed to expire

October 3, 2024
Karen Lee

In the Economic Update, we look at the expiration of the 2018 Farm Bill, the latest GDT trade event results, FSA interest rates for October and a weakening farmer sentiment.


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    Port strike jeopardizes dairy imports, exports

    Billions of dollars worth of dairy products are shipped and received through East and Gulf ports each year.
    October 3, 2024
    Karen Lee

    Just after midnight on Tuesday, Oct. 1, 45,000 port workers from Maine to Texas went on strike, preventing the unloading of goods at 36 United States Maritime Alliance (USMX) terminals along the East and Gulf Coast.


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    Weekly Digest: Congress passes short-term government spending package

    September 30, 2024
    Karen Lee
    In the news this week, Congress extends government funding, dairy education and outreach grants are available, assistance is offered for organic dairy producers, and a new umbrella brand is revealed for federal and state policy efforts.
    Read More

    Economic Update: Interest rates drop for first time since 2020

    September 19, 2024
    Jenn Coyne and Karen Lee
    In economic news this week, interest rates dropped for the first time since 2020; global dairy trade is up, but Colombia has imposed tariffs on U.S. dairy; and all Massachusetts dairy herds test negative for HPAI.
    Read More

    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.


    Read More
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