Overall U.S. dairy-product demand appears to be headed back to pre-pandemic levels, and U.S. dairy exports have achieved near-record highs as a percent of U.S. milk solids so far. Meanwhile, wholesale prices for butter, nonfat dry milk and dry whey in May were all higher than before the pandemic began, but cheese prices continue to struggle. Capturing the state of dairy through data is difficult at the moment due to the pandemic.
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