Dairy markets in the first half of the year saw weak supply growth.

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An analyst speaking at the International Sweetener Colloquium attributed lower milk supply to various factors.

IDFA calls for trade agenda that "prioritizes preferential access for US dairy exports.”  

Per Technavio, the market will grow by $39.1 billion by 2027.

The trade association said its new report highlights production statistics, export volumes and industry metrics.

In 2022 the US exported 70% of the NFDM/SMP produced.