Mixed results mark another challenging month.

U.S. exporters trim decline in October, but global inflation and poor economic growth continue to challenge U.S. suppliers.

Solid month for U.S. cheese, WPC80+ exports unable to offset NFDM/SMP and low-protein whey declines.

Solid month for NFDM/SMP and WPC80+ not enough to offset another big decline in whey and butterfat. 

Challenged low-protein whey exports disguised stabilization across rest of the portfolio.

USDEC’s market analysts weigh in on the export outlook for H2.

WPC80+ is the sole product category to grow in May as year-over-year MSE export volume slips 13%. 

U.S. dairy exports declined by 13% in milk solids equivalent compared to the same month in 2022. 

Record months for NFDM/SMP shipments to Mexico and WPC80+ not enough to offset declines in most product categories.

But export value dropped and bearish demand signals show up in the data.

Growth in core products led to double-digit gainsin January.  

December exports climbed 15% in volume with all major products growing in the final month of the year. But our analysts are watching headwinds on the horizon for 2023. 

USDEC looks at the principal market factors influencing dairy import demand and trade in the year ahead.

Impressive growth in cheese, whey and lactose maintain momentum.

NFDM/SMP exports rise for first time this year, while whey, cheese and butter continue to post solid year-over-year gains.

Whey, cheese, lactose and butter continued to lead as U.S. suppliers set multiple September records.

Continued global demand for cheese, butter, whey and lactose powered U.S. dairy exports in August.

U.S. dairy exports rise 5% (milk solids equivalent), driven by whey and lactose, with a little help from butter and cheese.

Cheese, whey drove U.S. dairy exports to finish the first half positive in both volume and value. 

Despite limited milk supply growth, U.S. dairy exports set new monthly records in volume and value in May, marking a positive break from the trend.