March Export Demand for Dairy Likely Shows Stockpiling
Source: dairynews.today
U.S. Dairy Export Council reports a significant increase in dairy export volumes for March, reaching the highest level in over two years. This rise in activity reflects buyer anticipation of supply chain challenges and tariff uncertainties.
The U.S. Dairy Export Council has released new data indicating that U.S. dairy exports for March have reached their highest monthly levels in more than two years. This three percent increase in shipments is believed to be a reaction by buyers preparing for potential supply chain disruptions and uncertainty over tariffs.
Butter export sales saw a remarkable 171% rise from the previous year, driven mainly by a surge in demand from Canada. Low-protein whey shipments also increased by three percent, supported by a 34% increase from China, though U.S. whey products now face a 125% tariff there. Additionally, nonfat dry milk/skim milk powder exports grew by one percent, with Mexico accounting for much of the demand increase.
Butter export sales saw a remarkable 171% rise from the previous year, driven mainly by a surge in demand from Canada. Low-protein whey shipments also increased by three percent, supported by a 34% increase from China, though U.S. whey products now face a 125% tariff there. Additionally, nonfat dry milk/skim milk powder exports grew by one percent, with Mexico accounting for much of the demand increase.
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