U.S. Dairy Exports Sales
Booming
Through
May 2000, the total value of dairy exports was $406 million, up
17% from last year's record $347 million over the same time period,
according to USDA's biannual report, "Dairy: World Markets
and Trade." Contributing to this growth is a 50 percent increase
in the value of the skim milk powder exports under the Dairy Export
Incentive Program (DEIP), along with increased shipments of whey,
whey protein concentrate, cheese, ice cream, infant formula and
lactose. Exports of fresh and condensed milk, which have lagged
in recent years, also are up from 1999.
Among
customers, Canada has become the number one export destination
for U.S. dairy products. Exports to Mexico are down slightly (mostly
due to the pattern of DEIP shipments, rather than a decline in
market demand). Exports to Japan, the number three market, are
up more than 10 percent.
Reprinted
with permission from Dairy Management Inc.
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