February 28, 2024: Dairy Week in Review

Cheese and butter inventories were both from a year ago in January. In the latest USDA Cold Storage report, total cheese stocks as of Jan. 31 were at 1.45 billion pounds, up 0.5 percent from a year ago but down 0.8 percent from last month. Inventories of American-style cheeses were down slightly from a month ago but up 1.6 percent from a year ago. Butter stocks were up 50 million pounds from December to 24 million pounds, down 5.8 percent from a year ago.

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