U.S. dairy export
-10.9% in volume
Mar19 y-o-y
The decline in sales of SMP (-9.3%) reflects mainly Mexico’s retaliatory tariffs on U.S. products.
Similar situation also for Whey Powder (-23%), decreasing to Mexico, and also to China, where the African swine fever virus (ASF) is spreading rapidly in pig herds. Fewer pigs means a lowering of demand for milk components, including milk permeate, whey permeate, whey powder and lactose.
U.S. dairy exports to China are half of what they were in 2018.
On the other hand, the performance of US cheese exports is positive for March 2019: +11% in volume (37,695 tons), + 6.6% in value (150.238 million USD). South Korea and Japan were the top markets and the most popular cheeses are Fresh Cheeses (15 thousand tons, + 40.1%).