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…
Based on the USDA Milk Production report, August 2024’s U.S. milk production equaled 18.8 billion pounds, a 0.1% dip year over year. Down 40,000 head from August 2023, August 2024’s milk cow numbers closed out at 9.33 million. Production per cow jumped 8 pounds from August 2023 to 2,018. The U.S. milk supply remains tight,…
September’s World Agricultural Supply and Demand Estimates (WASDE) forecasted reduced cow inventories and milk per cow growth, which resulted in lower milk production forecasts through the remainder of 2024 and into 2025. The 2024 dairy product productions forecasts increased due to the tight milk supply, raised prices, and strong demand and are projected to carry…
Based on the USDA ERS Fluid Milk Sales data, 2023 total fluid milk beverages sales came in at 42.8 billion pounds, down 17.5% from a decade ago. However, whole milk sales trended upward from 2021 to 2023 at 16.3 billion pounds. A far cry from the whole milk sales volume seen in 1975 at 36.2…