The U.S. Dairy Export Council says year over year U.S. dairy exports for March were down four-tenths of a percent. It’s the first dip in milk solids equivalent exports in a year.
Strong U.S. exports in January allowed the value and volume to grow for the first quarter, but increased competition, inflation, economic uncertainty, and lower Chinese demand are impacting the market.
There was some good news in the USDEC report.
