2020 December Board Book

International California market share of TTL US dairy exports is now 37% (YTD 2020 through Aug):

The Philippines is now ahead of Mexico for California dairy exports on a value basis:

China Milk prices in China are at an all-time high. See chart below. Imports have been particularly strong for SMP, with the US, with the US market share growing to 11%, up 3pts from 2018.