Dive Summary:
- According to the U.S. Dairy Export Council (USDEC), a strong showing in 2012 dairy exports has asserted America as a leader in a volatile global dairy market.
- Total dairy exports are expected to hit $5 billion for the first time ever, even more encouraging during a year of severe drought and unfavorable pricing.
- The U.S. exports 19% of the world's dairy and joins the E.U., Argentina, New Zealand and Australia as industry leaders.
The US dairy industry is on the road to becoming a "consistent global dairy supplier" after maintaining its export market share in 2012, the US Dairy Export Council (USDEC) has claimed. According to a USDEC report, 2012 Year in Review, US dairy exports up to October were on pace to "crack the $5bn mark for the first time" in 2012. The country also maintained ...