Harden is only the third president and CEO to lead USDEC since its founding by DMI in 1995 and is its first female chief executive.
February 24, 2021
Rosemont, Ill.-based Dairy Management Inc. (DMI) and the U.S. Dairy Export Council (USDEC), Arlington, Va., announced the promotion of Krysta Harden from chief operating officer (COO) to president and CEO of USDEC.
On Jan. 15, 2020, the United States and China signed "phase one" of a trade deal. The countries' relationship has been trending downward for the past two years, and the deal does mark a possible inflection point.
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.
Between cutbacks from China and an embargo by Russia, their imports dropped 16.3 billion pounds. Meanwhile, global milk supplies expanded. The big question is: How will U.S. processors re-balance their stocks of dairy powders?
The Massachusetts-based dairy cooperative sells 20% of its nonfat dry milk, 60% of its whey protein concentrate and 95% of its whey permeate to more than 30 countries.
The U.S. Dairy Export Council, Arlington, Va., projects that by the end of this year the value of U.S. dairy exports will total $6.5 billion, up more than 25% from 2012.
Over the past three years, we’ve seen a growing Asian dairy market which has led to increased production abroad, but more importantly has attracted foreign expansion within the United States. With forecasts remaining positive into 2012, employment opportunities are expected to continue to open up in the United States in segments such as milk powder, Greek yogurt and companies working with easily portable commodities.