It might surprise many Americans that U.S. dairy exports to Mexico have created nearly 25,000 jobs in the United States. By: TOM VILSACK
After a monster trading day in butter on Wednesday that saw 34 loads trade hands—the highest daily volume in nearly four years—Thursday’s trade followed up with another 13 loads moving. Butter dropped ¾ of a cent to $2.65 1/2. By: KNOW YOUR MARKET
A vocal contingent of American farmers actually supports the Canadian system of price-and-import controls and wants their national negotiators to leave the Canadian system alone. By: ALEXANDER PANETTAThe Canadian Press
China will overtake the US as the largest dairy market by 2022 whilst India takes fourth place from 2021, according to research by Euromonitor International. It claims in the next five years countries will shift in importance due to a change in consumer demand in dairy. By: Jenny Eagle
Butter boom and European heat wave boost demand. By: Louise Hogan
From his machinist shop in West Allis, Ron Loos keeps an eye on many things — such as metal prices, the labor market and foreign trade deals. By: Rick Barrett
National Milk Producers Federation President Jim Mulhern late Monday criticized Canadian Foreign Affairs Minister Chrsytia Freeland’s speech earlier in the day, declaring that Freeland wanted to have the trade relationship between the United States and Canada “both ways — free trade with the United States in areas where Canada is competitive, but high protectionist walls when it comes to keeping out U.S. dairy imports.” By: Jerry Hagstrom
Synlait Milk, the NZX-listed milk processor, said regulatory approval for its ‘grass-fed’ infant formula in the US is taking longer than expected.
Dairy product prices declined at the Global Dairy Trade auction, easing for the fourth time in five auctions.
Global Dairy Trade Event 194 concluded with the GDT Price Index down 0.4%