US Dairy Exports to Set a Record 2013, Continued Growth in 2014

U.S. Dairy Export Council forecasts are on pace for a record-setting 2013 with exports increasing 25%

Speaking to attendees at the U.S. Dairy Export Council's (USDEC) annual board and membership meeting last week in Chicago, USDEC president Tom Suber said U.S. exporters have capitalized in 2013 on reduced supply from other countries, steady global dairy demand and favorable pricing - all of which allows the USDEC to predict dairy exports will total $6.5 billion, up more than 25 percent from 2012 to set a fourth consecutive record year for U.S. dairy exports.

More than 15 percent of U.S. milk production now goes to exports according to the USDEC.

"Reliance upon exports is not just an aspiration in our industry. It’s a reality," said Suber. "Looking ahead, the reality is that exports must not just continue, but continue to grow. Put another way, exports must grow or our industry largely stagnates." To read more, click HERE.