August 2, 2019: Market Facilitation Payments

Over the last 15 years, the U.S. dairy industry has become a significant supplier to the world market. Before that time, we supplied the world market when our price fell below the global price. In effect, we balanced the world market and were not a consistent world market player. That has changed dramatically.  Exports were at a record volume in 2018, equivalent to about 15.8% of the total milk solids production in the U.S., despite trade disputes with Mexico and China. Read More