In his President's Breakfast address at this year's Dairy Forum, Michael Dykes, D.V.M., president and CEO of the International Dairy Foods Association (IDFA), discussed notable recent industry achievements, as well as opportunities (and challenges) going forward.
Don't get distracted by the headlines in 2018. The renegotiations of the North American Free Trade Agreement and the U.S.-Korea free trade agreement will demand a lot of attention, but assuming neither of them is wiped off the board completely, growing milk supplies in the other major exporting countries will create the headwind for U.S. exports.
Sartori Co. has proven through multiple generations that creative artisan cheesemakers using milk from carefully chosen Wisconsin farmers yield a taste your mouth will never forget.
Earlier this year, the European Union and Japan announced a trade agreement in principle that includes dairy market access to Japan. Europe is actively working to establish a trade deal with Mexico in which agriculture and dairy will no doubt be central components. New Zealand is renegotiating a trade agreement with China in large part to improve dairy access terms. New Zealand and Australia are pushing to implement a “Trans-Pacific Partnership light” with eight other countries including Mexico.
The negative repercussions from Canada’s ongoing defiance of its trade obligations are a stark reminder of the critical role exports play in the health and vitality of the U.S. dairy industry.
The long-term prospects for dairy processors and dairy producers look promising because of opportunities at home and abroad. In the short-term, however, the dairy industry faces uncertainty with its trading partners.
In March, the leaders of three major U.S. dairy organizations traveled to Mexico City to re-affirm their industries’ strong commitment to their partnership with Mexico’s dairy industry and consumers.