South-of-the-border sales of milk powder and cheese were off.
In January, U.S. dairy export volume topped prior-year levels for the eighth straight month, paced by continued gains in sales of milk powder and whey products. Suppliers shipped 149,864 tons of milk powders, cheese, butterfat, whey and lactose during the month, 11 percent greater than a year ago. Overall export value was $412 million in January, up 10%.
However, January trade data confirm a slowdown in exports to Mexico. Shipments south of the border were valued at $93 million, down 2% from last January, and the lowest figure since August 2015 (on a daily-average basis). Milk powder and cheese exports to Mexico were off. Overall exports to Japan and South America also trailed year-ago levels, while suppliers had more success in China (+47%), Canada (+23%) and Southeast Asia (+15%).