US Dairy Exports Predicted to Reach $8.2 Billion in 2024
Source: DairyNews.today
US dairy exports are set to reach $8.2 billion in 2024, marking the second-highest export value recorded as the industry anticipates a "golden age" of trade.
The US dairy industry is on the brink of what experts are calling a new "golden age" of trade. According to fresh data from the US Department of Agriculture (USDA) and a press release from the International Dairy Foods Association (IDFA), projections for 2024 anticipate dairy exports to climb to a staggering $8.2 billion. This figure represents the second-highest total export value on record for the US dairy sector.
The anticipated $223 million year-over-year increase symbolizes robust growth and reflects the industry's expanding international footprint. Stakeholders within the dairy industry are optimistic that this upward trajectory in trade will continue, fueled by increasing demand for US dairy products across global markets.
