U.S. and Mexican dairy industry representatives met and renewed their commitment to “collaborate and advocate for mutually beneficial dairy policies. This was a policy initiative begun back in 2016. At first glance, the effort seems surprising given that Mexico exports more than three times as much dairy to the U.S. than the value of dairy shipped to Mexico from the U.S.  Both nation’s dairy industries are expanding at roughly the same rate but the U.S. industry is nearly eight times larger with per capita consumption dwarfing that of Mexico. The calculation is that as Mexico grows wealthier, its per capita consumption will expand faster than its domestic industry can support. Mexican dairy production is limited by climate...

TAGS – Softs, North America