Dairy Trade
Both domestic and foreign buyers step back from potential trade war.
As the industry braces itself for a tumultuous road ahead, it is crucial for stakeholders across the board to engage in constructive dialogue and seek resolutions that protect the backbone of rural America – our dairy farmers.
As 2025 begins, the dairy industry finds itself navigating shifting trade dynamics, volatile markets, and evolving consumer preferences.
Dairy producers are closely watching how potential trade changes could affect exports, particularly as concerns rise over Canada’s compliance with the USMCA and the critical role of top trading partners.
Uncertainty remains whether falling output in Mexico benefit the U.S. dairy industry.
Despite a decline in milk production throughout most of the year, there has been an unexpected resurgence lately creating a year-over-year increase of 0.4%.
It took almost all year, but there is better news price wise for dairy producers.
The global food paradox involves reimagining our production methods, leveraging trade more strategically and prioritizing sustainable practices. By doing so, we have the potential not only to feed the growing global population but to do so in a way that sustains our planet for generations to come.
Are the highs already in when it comes to milk prices this year, and could the heifer shortage hep propel prices in the coming year? Those are two questions we asked during the live taping of U.S. Farm Report during World Dairy Expo this year.
The world’s second-largest economy launched the investigation into imports of some cheese, milk and cream from the European Union in August.
Union head vows to stay on strike ‘as long as necessary’ as the first strike since 1977 halts the flow of goods, ranging from bananas to beef, pork and poultry to industrial materials, leading to potential shortages and price hikes.
The group of terminal operators and ocean container lines said their new offer would increase wages by nearly 50%, triple employer contributions to union retirement plans, strengthen health care options, and retain the current language around automation and semi-automation.
More than 1,000 leaders from the world’s leading dairy companies will convene in San Antonio, Texas in January 2025 to do business, exchange ideas, drive innovation, and cultivate meaningful connections.
Limited U.S. milk production likely will offset weakening exports.
Agriculture Secretary Tom Vilsack announced that USDA is allocating $300 million under RAPP to 66 U.S. organizations to build demand for American food and farm exports in high-potential markets around the globe.
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.
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.