Dairy exports continue to strengthen
The U.S. Dairy Export Council says exports for the month of September continued to climb and are on pace for another record year.
Dairy exports were up 17 percent in volume and 28 percent in value which totaled $655 million.
Cheese sales increased 20 percent for the month while butterfat exports in September were up 223 percent. Exports of nonfat dry milk were up 16 percent, dry whey products were up five percent and lactose was up six percent.
The Export Council says diverting exports by rail to Mexico has served as beneficial for maintaining movement with ports congested. Concerns however remain over China’s continued dairy demand as the country is unlikely to maintain its buying pace following large stocks.