Figures released this week by the US Dairy Export Council (USDEC) show that exports in May were an 11-month high. Total exports of butter, cheese, powder and whey for May 2016 stood at 157,909t. This represents a 1% increase on April volumes but is still 10% behind the volumes exported in May 2015.
Nearly a quarter of all exports from the US ended up in China.
“Total whey exports were 42,378t, the most since last May, led by improved volumes to China - also the most since May 2015,” the market report from the USDEC stated.
Whey protein concentrates (WPC) “were near-record highs for the second straight month, bringing year-to-date shipments to 103,029t, the most ever.”
WMP
Volumes of whole milk powder or WMP exported have been a significant growth area for the US dairy sector. According to the USDEC, WMP exports reached levels not seen for nearly two decades with its near neighbour to the south taking the most of the product.
“Trade data shows a large increase in exports of WMP. US suppliers moved 9,198t, the most in more than 17 years, and more than triple the volume posted a year ago. For the second straight month, more than 70% of the sales went to Mexico.”
Lower exports of cheese and butter
While overall exports are up and particularly strong, exports of cheese and butter remain very sluggish.
Cheese exports in May were 23,909t which were down some 19% on the same period in 2015.
“May marked the 20th straight month in which cheese exports trailed prior-year levels. Sales to all major customers were below last May... overseas sales of butterfat in May were just 645t, down 57% from last year and the lowest figure since July 2009.”
Overall, the US exported 13.7% of their total milk produced in May.
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US dairy industry proving most resilient
Figures released this week by the US Dairy Export Council (USDEC) show that exports in May were an 11-month high. Total exports of butter, cheese, powder and whey for May 2016 stood at 157,909t. This represents a 1% increase on April volumes but is still 10% behind the volumes exported in May 2015.
Nearly a quarter of all exports from the US ended up in China.
“Total whey exports were 42,378t, the most since last May, led by improved volumes to China - also the most since May 2015,” the market report from the USDEC stated.
Whey protein concentrates (WPC) “were near-record highs for the second straight month, bringing year-to-date shipments to 103,029t, the most ever.”
WMP
Volumes of whole milk powder or WMP exported have been a significant growth area for the US dairy sector. According to the USDEC, WMP exports reached levels not seen for nearly two decades with its near neighbour to the south taking the most of the product.
“Trade data shows a large increase in exports of WMP. US suppliers moved 9,198t, the most in more than 17 years, and more than triple the volume posted a year ago. For the second straight month, more than 70% of the sales went to Mexico.”
Lower exports of cheese and butter
While overall exports are up and particularly strong, exports of cheese and butter remain very sluggish.
Cheese exports in May were 23,909t which were down some 19% on the same period in 2015.
“May marked the 20th straight month in which cheese exports trailed prior-year levels. Sales to all major customers were below last May... overseas sales of butterfat in May were just 645t, down 57% from last year and the lowest figure since July 2009.”
Overall, the US exported 13.7% of their total milk produced in May.
Read more
US dairy industry proving most resilient
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