# State of the Industry 2016: It’s a buyer’s market for dairy ingredients | 2016-11-23  | Dairy Foods

> U.S. dairy processors are exporting fewer cheese and butterfat products as domestic premiums have disappeared relative to Europe and New Zealand. Cheese exports for January-August 2016 were 186,629 MT, down 17% year on year, and butterfat exports fell to 14,905 MT. Milk powder exports are holding up better on demand from Mexico and Asia.

- Date: 2016-11-23 · published 2016-11-23T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/73867-state-of-the-industry-2016-it-s-a-buyer-s-market-for-dairy-ingredients-2016-11
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A global price equilibrium is cutting U.S. cheese and butterfat export volumes, leaving more product domestically and weighing on U.S. dairy prices. Buyers face a buyer's market for dairy ingredients.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-05-31 | [Dairy Market Update May 2024 \| MCT Dairies, Inc.](https://feedsoft.ai/events/30252-dairy-market-update-may-2024-mct-dairies-inc.md) | +5.0% | +7.3% |
| MILK | 2025-03-14 | [The Farmer's Exchange Online Tariffs Target U.S. Dairy's 3 Largest Export Markets](https://feedsoft.ai/events/25738-the-farmer-s-exchange-online-tariffs-target-u-s-dairy-s-3-largest-export-markets.md) | -0.3% | -7.3% |
| MILK | 2018-09-06 | [Global dairy prices take a hit \| 2018-09-06  \| Dairy Foods](https://feedsoft.ai/events/63186-global-dairy-prices-take-a-hit-2018-09-06-dairy-foods.md) | -2.5% | -4.5% |
| MILK | 2026-06-02 | [Fall in dairy auction prices mars start of season \| RNZ](https://feedsoft.ai/events/7959-fall-in-dairy-auction-prices-mars-start-of-season-rnz.md) | -4.7% | -5.4% |
| MILK | 2025-03-05 | [What’s in the News: Dairy Markets Weaken Amid Tariffs, Falling Prices, and Lab-Grown Milk - Dairy Herd](https://feedsoft.ai/events/4703-what-s-in-the-news-dairy-markets-weaken-amid-tariffs-falling-prices-and-lab.md) | -8.6% | -7.8% |

## Sources

- dairyfoods.com: https://www.dairyfoods.com/articles/92035-state-of-the-industry-2016-its-a-buyers-market-for-dairy-ingredients

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.