For November 2024, U.S. dairy exports decreased 9% year over year.
November’s decline pushed the year-to-date milk solids equivalent (MSE)
volume into the red. Throughout the first 11 months this year, U.S. dairy
exports were 0.3% below last year’s levels in the same timeframe. Global
demand fell slightly into November, as dairy prices increased to the highest
levels in over a year.