U.S. dairy’s positive momentum in the international market continued in 2023 as exports got off to a strong start in January. U.S. shipments climbed 16% year-over-year in volume on a milk solids equivalent (MSE) basis (+25,026 MT MSE) and 21% in value (+$121.4 million) for the month.
The core U.S. product categories – cheese, nonfat dry milk/skim milk powder (NFDM/SMP) and whey – all grew by double digits even as sales of milkfat-heavy products, namely butter, anhydrous milkfat and whole milk powder, struggled.
March 20, 2023
