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US dairy exports

U.S. dairy production continues to grow, with U.S. milk production increasing by 12.6 percent from 2006 to 2015. In addition to supply and demand, there are other factors that impact trade, including economic growth and geopolitical factors, but are beyond our control.

For a strong milk price at home, there needs to be a place for the excess milk supply. The answer: exports. It’s exports that have bridged the gap between supply and demand. Nearly half of the “new milk” every year has gone to exports, which equates to one of every seven milk tankers moving overseas.

Read the full article on the importance of exports for our U.S. dairy farmers, click here.

Tags: Exports, Trade