The USDA announced October’s Dairy Margin Coverage (DMC) margin at $15.17 per hundredweight (cwt). For 2024, this will be the eighth consecutive month with no indemnities triggered at any coverage level. October saw a 40-cent drop in the margin from September’s $15.57. October’s all-milk price came in at $25.20 per cwt, a 30-cent decrease from…
Based on the October 2024 USDA Milk Production report, Pennsylvania’s milk production rose 0.6% from October 2023 at 797 million pounds to 802 million pounds in October 2024. PA milk cow numbers came in at 465,000, down 1,000 head from last year. Production per cow averaged 1,675 pounds, up 5 pounds from October 2023.
Northern Europe’s milk production still suffers from the negative effects of Bluetongue disease on their herds. Germany, Netherlands, Denmark, and Belgium have all seen decreases in milk output due to the disease. However, France, Spain, and Ireland all experienced milk production increases, which help offset the production deficits in the other European countries.
Based on the USDA Dairy Products report, Pennsylvania’s total cheese production came in at 40.8 million pounds, increasing 9.7% year over year and 6.5 % month over month. However, Pennsylvania’s butter production fell 39% from last year to 4.1 million pounds in September 2024. From August, Pennsylvania’s butter production was down 29.3%.
The USDA announced September’s Dairy Margin Coverage margin at $15.57 per cwt, the highest margin since the program’s inception in 2019. Payments were not triggered at any coverage levels. The margin jumped $8.54 from September 2023 to September 2024. September’s all-milk price experienced a month to month $1.90 per cwt hike from August’s $23.60 to…
With the exception of American cheese and dry skim milk, domestic commercial use was up across many dairy products. August’s 2024 total milk consumption increased 1.6% year over year. Domestic consumption of total fluid milk products from June–August 2024 equaled 10.2 billion pounds, a 1.0% bump from June-August 2023’s numbers. Within the same timeframe, yogurt,…
According to the USDA’s Milk Production report, Pennsylvania’s milk production came in at 779 million pounds for September 2024, up 0.1% year over year, after several months of slight to modest declines. Pennsylvania’s cow numbers continue to remain fairly consistent from September 2023 at 465,000 head to 466,000 in September 2024. From August to September,…
Based on the USDA Crop Production Report released on Oct. 11, Pennsylvania’s corn production forecasts dropped 12.1% from September 2023 at 106.8 million bushels to 2024 at 93.8 million. Soybean production in Pennsylvania decreased 6% from 26.3 million bushels in 2023 to 24.6 million. However, the state’s alfalfa production estimates remain steady at 810,000 tons…
According to the USDA’s August Dairy Products report, total cheese production was 1.20 billion pounds, up 1.7% year over year and 0.5% month over month. From last August, Italian cheese production increased 3.1% with Mozzarella output growing 4.7%. Butter production climbed 14.5% from August 2023 at 138.9 million pounds to 150.0 million pounds in August…
Based on the USDA Milk Production report, Pennsylvania’s August numbers dipped slightly from 2023’s values. Pennsylvania milk production totaled 816 million pounds, down 2 million pounds year over year. Milk cow numbers dropped 1,000 head from 466,000 in 2023 to 465,000 in 2024. However, milk production per cow remains consistent with the prior year at…
