Sunday, September 27, 2009
(click on image to enlarge)
There seems to be no end of conventional dairy experts trying to minimize the impact of dairy imports.
My thought is fairly straight forward. No one imports dairy products as a conversation piece. Imported dairy products indicate a demand greater than domestic production.
Above are two graphs on imports of basic dairy products. The imports for cheese include all kinds of cheese. For butter, the graph includes butter, butter substitutes (which include butter as an ingredient) and butter oil.
The raw data is from U.S. International Trade Commission (USITC) database.