This June Dairy month, dairy farmers have extra reasons to celebrate. Dairy farmers have been enjoying some of the best prices in years. A big reason is a surge in demand for dairy exports, industry experts say.

"The export market has been extremely strong the first quarter," said Katelyn McCullock, dairy and forage economist for the Livestock Marketing Information Center (LMIC).

The total value of all dairy exports was $717 million during March 2014, up 46 percent from last year, the most recent data from the U.S. Dairy Export...