The Dairy Index, an annual report by the global packaging and processing equipment supplier Tetra Pak, states that global demand for milk is set to surge by 36% in the next decade, largely due to population growth, rising prosperity and urbanization in Africa, Asia and Latin America.
Do not expect the de-coupling of the U.S. and international prices to continue forever. One day we will realize that U.S. prices are too high to remain competitive on the world stage. When that happens, expect more downward price corrections.
The Tom Camerlo Exporter of the Year award honors a dairy processor that demonstrates leadership in driving global dairy demand and advancing U.S. dairy exports.
June 26, 2014
Dairy Foods is accepting nominations for the Tom Camerlo Exporter of the Year award, presented with the cooperation of the U.S. Dairy Exporter Council.Individuals can make a nomination on behalf of their own company or another. The nomination form is online, and the deadline is Aug. 1.
The United States has arrived as a major player in the global dairy market. But if U.S. dairy exporters do not show continuous improvement, and if rules and regulations are not altered, then off-shore dairy and nondairy competitors will chip away at our position.
A growing population, the rise of a middle class and demand for innovative and healthy dairy foods contribute to a rise in U.S. dairy exports to the Middle East and North Africa at exporting.
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.