Cheese Market Insight

Cheese Market Insight

Michael Gunderson, PhD Blaine Nelson, Tom Karmel
MAR 10, 2021

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Uncertainty in the U.S. dairy sector remains elevated to start 2021 as long-term trends continue to be impacted by COVID-19. Demand growth over recent decades has been fueled by exports and increased domestic cheese consumption. Meanwhile, a geographic shift within the sector continues as U.S. producers look to supply the growing demand for dairy, both domestic and abroad. However, a confluence of factors in 2020 led to significant shifts in supply chains and created opportunities and challenges for cheese processors. We expect the impact from COVID-19 will continue to highlight the long-term trends and shift the U.S. dairy sector.