State of the Industry 2016: It’s a buyer’s market for dairy ingredients
U.S. dairy processors see fewer exports of their cheese and butterfat products. It’s a different story for milk powders, thanks to demand from Mexico and Asia.
It was not long ago that domestic demand afforded dairy producers a premium for their milk compared to their international counterparts. Similarly, domestic end users of dairy products such as cheese and butter can no longer look to the likes of Europe and New Zealand for cheap fat and protein alternatives.