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.
To read the rest of the story, please go to: Bloomberg News
