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July dairy export values top $600 million again

July dairy export values top $600 million again
The value of U.S. dairy product exports hit $619 million in July 2013, the second time it has topped $600 million in three months, and the second-highest monthly total ever. It marked the 28th time in the past 29 months exports topped $400 million, according to USDA’s Foreign Ag Service.
July exports were up 4% from June 2013, and up 54% from the July 2012 total of $402 million. At $245 million, the value of July 2013 imports was down 4% from June 2013 and down about 11% from July 2012.  The July dairy trade surplus (exports minus imports) was $374 million.
Fiscal year 2013 (FY ’13, October 2012 through July 2013) exports total $5.003 billion, up about 13% from the same period in record-setting FY ’12. FY ’13 imports total $2.696 billion, up about 2% from the same period in FY ’12. The FY ’13 dairy trade surplus stands at $2.307 billion.
At $91 million, July 2013 cheese imports were up 7% from June 2013 and up about 4% from July 2012. FY ’13 cheese imports total $953 million, up 9% from the same period in FY ’12.
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