Latest News From Dairy Trade

Cuba on Monday confirmed it had sought help from the World Food Program to guarantee the supply of subsidized powdered milk for children.

While the calendar flipped to 2024 weeks ago, there has been little change in dairy market sentiment since the beginning of this year. Globally, the industry continues to walk a tightrope of limited ‘new’ milk.

At the IDFA Dairy Forum in Phoenix, Az., IDFA’s CEO Michael Dykes shared that to drive the growth of dairy forward will take investment in people, processors, production, innovation and sustainability.

China’s annual per capita cheese consumption sits at 0.2 kg., or less than half a pound. However, this number is projected to see growth with the Chinese cheese market seeing a healthy pipeline of investment activity.

2024 should be a good year for U.S. cheese exporters.

USDA's Foreign Agricultural Service announces more than $203 million to nearly 70 agricultural organizations to help expand export markets via the Market Access Program and Foreign Market Development program. 

Faltering global demand could offset milk production losses.

Just how low will milk prices go? Slower exports, weaker demand and global inflation have all been an anchor on the potential for higher dairy product prices. Will we finally start to see some relief in 2024?

A growing population and an increase in consumer purchasing power in Mexico will support U.S. exports

Estimates call for slower growth going forward in the world’s second-largest economy.

U.S. Agriculture Secretary Tom Vilsack says the Biden administration is looking for "creative" ways to sell more U.S. dairy products in Canada.

China's demand for U.S. dairy has weakened. Will the trend continue?

Dairy organizations are disheartened by USMCA's dispute panel which is allowing Canada to restrict dairy access to the United States and weakens the agreement’s value for the U.S. dairy industry.

A trade dispute settlement panel set up under a major North American free trade agreement has rejected a U.S. complaint that Canada is improperly limiting access to its dairy market.

Weakening demand for dairy in Brazil shuts door on Uruguayan exporters.

Representatives from the U.S., Mexico and Canada will meet in Cancun, Mexico this week to discuss a series of disputes, including Mexican energy and biotech policies and Canadian dairy barriers.

After workers left for the frontline and processors stopped paying, producers have become reluctant to rebuild their herds.

The outlook for milk prices is not getting any better.

This is the second case the U.S. has filed against Canada over dairy market access.

U.S. dairy exports hit new volume and value records again last year.

The United States on Tuesday said it was seeking a second trade dispute settlement panel over Canada's dairy import quotas.

The issue over Canada’s dairy Tariff-Rate Quota isn’t over yet.

Under the USMCA, Canada conceded to granting lower tariff access across dairy products. But Canada was allocating a bulk of those imports to processors, limiting the ability of other groups to buy U.S. products.

Action by United States Trade Representative Katherine Tai expands dispute to address Canada’s continuing failure to meet Its USMCA obligations.

When it comes to dairy, France may have the edge on Argentina, but when it comes to soccer, Argentina has proven that it has the edge on France. Here's why.

At a moment when U.S. dairy exports are increasing, the light shines big on the United States, as it was announced the International Dairy Federation (IDF) World Dairy Summit will be held in Chicago Oct. 16-19, 2023.

While the challenges ahead for dairy producers are real, the silver lining is that both global consumption for dairy is on the rise and the supply chain headaches have lightened compared to how we started 2022.

Australia’s labor shortage is so severe that some dairies have partially or fully transitioned to less labor-intensive beef cattle operations, due in part to record-high beef prices.

Diving into the international supply and demand picture, Alyssa Badger of HighGround Trading Group explained that every country has its own set of issues that factor into the supply side of things.

China’s appetite for some dairy products has grown as consumers look to value-added products and the country’s pork industry recovers following devastating outbreaks of African swine fever that began in 2018.

Cheese and butter prices continue to hold a large price difference with butter around $1.00 higher than cheese. One reason for this is the substantial difference in inventory levels between cheese and butter.

July’s all-milk price fell to $25.70, a $1.20 decrease from June. The income over feed costs, as calculated by Dairy Margin Coverage was $9.92, $2.00/cwt. less than June.

Dairy farmers can maximize management of manure to save money and decrease input applications. Find out how.

Angered at New Zealand for its comments on Taiwan, Beijing looks elsewhere to fill whole milk powder needs.

The International Dairy Foods Association announces that registration for Dairy Forum 2023 is now open. More than 1,000 dairy leaders convene each year at Dairy Forum. The event returns in 2023 to Orlando, Florida.

Dairy officials say there is still work to do to make sure U.S. dairy products keep moving overseas.

Dairy consumption in the South American country is still only half of what it was in 2008

With some major dairy exporting countries experiencing declines of milk supply, the U.S. is positioned to fill the void of supplying high quality dairy products for increasing world demand.

The U.S. is seeking dispute, for the second time, to address Canada’s dairy tariff-rate quota allocation measures outlined under the USMCA.

As milk begins to contract, South American dairy processors have had to boost payouts to producers

“Many of Canada's dairy TRQs remain unfilled, and this represents a tangible loss to New Zealand’s dairy exporters…

The demand for dairy is evident and the current robust milk futures market has taken notice. Mike North talks about the dynamic dairy market that both the domestic and global demand for U.S. dairy has created.

Despite the U.S. winning its first challenge over dairy with the U.S.-Mexico-Canada Agreement agreement in January, Secretary of Agriculture said he is not satisfied with the market access into Canada for dairy products.

Dairy exporters from Argentina and Uruguay are looking for new dairy markets to offset the loss of the Russian market.

War in Ukraine will accelerate inflation for critical inputs along dairy supply chain.

Opening a milk check that surpasses $20, a price not seen since 2014, gives producers reasons to cheer. However, most producers wonder if this is all too good to be true and how long will the good times roll.

The International Dairy Foods Association, the Port of Los Angeles, and CMA CGM, announced the formation of a Dairy Exports Working Group aimed at identifying and addressing dairy supply chain issues.

As one of the only export regions with growing milk output, South American dairy exporters face a time-limited opportunity.

Can you imagine what the industry will look like in the next 50 years?

The market is trying to find the balance between perception and reality. Exports have been exceptional, and the potential is for increased exports to Canada due to the USMCA panel determination. Prices will be volatile.