Air Freight News

American cheese is being devoured in Asia, export data show

U.S. exports of American cheese—including the processed staple coveted for melty grilled cheese sandwiches—are surging as buyers in Asia devour the stuff.

Shipments in August increased by 71% from a year earlier to just over 9,000 metric tons, according to data from the U.S. Department of Agriculture. That’s the highest since March 2018.

Demand was strong from China, Australia and the Philippines, boosted by more consumption in quick-service restaurants as Covid-related restrictions eased in some places. U.S. cheesemakers have has also seen some easing in shipping hurdles, said Matt Gould, principal & president at The Dairy Market Analyst.

The USDA category for American cheese also includes cheddar and colby. The overall surge was driven by a jump in demand for cheddar, with exports of the variety reaching the highest in 41 months.

“It’s been a challenge for U.S. dairy exports to obtain freight, but as the year has gone on, our traders have simply gotten better at it,” he said. “We are finally moving stuff to countries like the Philippines.”

Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

https://www.ajot.com/images/uploads/article/db0ip7zd23b50.cloudfront-4_copy_.jpg
EU warns US electric-vehicle subsidies may inflame tensions
View Article
https://www.ajot.com/images/uploads/article/372706207_copy.jpg
Yellen says lifting output may need protectionist-like steps
View Article
https://www.ajot.com/images/uploads/article/0a0a59f46f9150ff0ef9058383ea5dfe.jpg
China’s exports and imports hit new records on strong demand
View Article
Europe’s new trade weapon faces hurdles before it’s unveiled

The European Union has yet to unveil its new proposal for an anti-coercion trade tool to safeguard the bloc’s geopolitical interests, but it’s already facing skepticism.

View Article
https://www.ajot.com/images/uploads/article/-1x-1-19.png
US trade gap shrinks for first time since July on export surge
View Article
Canada’s trade surplus widens on oil exports, auto rebound

Canada’s trade surplus widened in October on a jump in exports of autos and energy.

View Article