Dairy Exports Could Expand as Much as 38% in Ten Years

Expanding markets for U.S. dairy is critical to the industry’s overall success. Currently, roughly 17% of annual U.S. milk is exported to other countries. According to a Cornell University agricultural economist, estimates show this number could increase to 25% by 2032 or even by 38%, according to DairyAmerica CEO Patti Smith.

Markets such as Europe and New Zealand look incredibly enticing to domestic dairy producers, as farmers in those areas continue to deal with increasingly strict regulations. Meanwhile, demand for cheese is booming around the world, just as it has in the U.S. Few other countries are as well equipped to produce the most desirable cheese products, such as mozzarella and cheddar.

Read more on U.S. milk demand here.