June 29, 2022: Dairy Week In Review

With a tight milk supply in the EU and New Zealand, U.S. dairy product prices remain competitive despite the increasing value of the U.S. dollar compared to other international currencies. April  dairy exports set a month of April record at 213,193 metric tons (MT) of milk solids equivalent dairy products. April was also the first time this year for exports to post a YOY increase at 1% (+1,318  MT) above April 2021. Dairy export value was estimated as $845.6 million or $155 million (22%) more than April 2021. April export value was the second highest value behind March 2022’s $859.6 million. Read More