At the International Dairy Foods Association’s (IDFA) Dairy Forum this week, president and CEO Michael Dykes spoke of the challenges facing US dairy, including product innovation, milk bankruptcies and setting the industry up for a sustainable future.
More out of market investments and a strong US production base are bolstering cheese growth. Rabobank took a look at the global cheese market since 2010 in a recent report, and predicted what’s to come.
Over the weekend, US president Donald Trump put into effect a new round of tariffs on Chinese goods, while the US Dairy Export Council (USDEC) visited Chinese officials to preserve its relationship with China.
In the first quarter of 2019, US dairy production and exports were down compared to Q1 2018, particularly in the midwestern states. Globally, dairy is still dominated by a few key players and facing challenges from African Swine Fever.