US exports surge

by | Aug 10, 2022 | Global, Volume trends

US dairy exports were 19.2% of national milk solids supply in June – that was up from 15.7% for the same month in 2021 and a record high. The overall strong result in shipments for the month reflects very strong exports of cheese and lactose, which more than offset weaker sales of NFDM/SMP. Cheese exports were 44,139t in June, an all-time high – that volume was up 30.8% YOY, reflecting stronger shipments across all major regions except China & HK, led by Central America, South Korea and the Middle East.

Whey product exports were up 23% YOY in June. Dry whey shipments rose 23.4% YOY in June to 56,723t – the highest volume on record in our database since at least 2010, mostly reflecting stronger shipments to Asia, North and South America.

NFDM/SMP exports declined in June, down 13.1% YOY to 69,975t, reflecting declines in shipments to SE Asia, Mexico and MENA. Among other products, shipments of lactose, IMF, fats, milk & cream, WMP, MPC and FFMP & Mixtures increased YOY in June, but with declines for WPC80 alone.