Friday, March 29, 2024

US Exports – November 2014

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US exports of its two largest dairy commodity exports, skim milk powder (SMP) and whey, were similar to 2013 for the cumulative total ending November 2014. Cheese exports, however, have shown continued year-on-year growth, and in November 2014, overtook the full year export total for 2013.
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SMP exports started the year stronger than 2013, but slipped back sharply in the third quarter. In September and October exports were 30% and 25% respectively less than the previous year. The largest destination for SMP exports is Mexico, with that country making up more than half of exports in November, and 36% of exports for the full year to November.

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