Exports. U.S. dairy processors will play a key role in fulfilling world market needs

摘要

The opportunity for the U.S. dairy industry to be a beneficiary of growing global dairy demand remains positive. Gaps between domestic production and domestic consumption will persist in China, Mexico, Southeast Asia and the Middle East, as well as other emerging economies. Milk production costs have moved to a higher level for the foreseeable future. Over time dairy commodity prices need to reflect those higher costs to ensure an adequate supply.