October 9, 2019: Dairy Week in Review

US dairy exports were valued at $494.4 million in August, up 3 percent from a year ago, due to higher dairy prices. Export volumes were down 14 percent from a year ago to 162,526 metric tons. Export volumes of whole milk powder increased 119 percent, while volumes of most other dairy commodities decreased. Butterfat export volumes were down 55 percent year-over-year in August, posting the biggest drop. Year to date, total dairy export volumes were down 13 percent while the value of total dairy exports sold in the first eight months went up 3 percent year-over-year. On a total milk solids basis, US exports were equal to 14.2 percent of the total milk solids production in August. Read More