Based on the most recent USDA Milk Production report, May’s U.S. milk production was revised from a previous 1.6 increase to a 2.4 increase year over year. For June, U.S. milk production estimates totaled 19.2 billion pounds, a 3.3 increase from June 2024 to 2025. Production per cow reached 2,031 pounds, up 33 pounds from…
Based on the most recent World Agricultural Supply and Demand (WASDE) report, the USDA adjusted the 2025-2026 corn production estimates, down 115 million to 15.7 billion bushels. The corn yield held steady from the previous estimates at 181 bu. per acre. Corn demand was reduced by 50 million bushels from prior estimates while corn export…
Based on the May Dairy Products report, total cheese output, excluding cottage cheese, reached 1.52 million pounds, up 3.3 percent year over year. Italian type cheese production rose 2.4 percent from May 2024’s levels, and American type cheese hit 512 million pounds, a 5.6 increase year over year, with cheddar down 2.7 percent from May…
The USDA announced May’s margin to be $10.40 per hundredweight (cwt), down two cents month over month and 12 cents year over year. For program year 2025, this marks the fifth consecutive month that the margin is over the $9.50 trigger and producers enrolled in the Dairy Margin Coverage (DMC) program will not receive indemnities.
Based on the May USDA Milk Production report, U.S. milk output totaled 19.9 billion pounds, a 1.6 percent increase from May 2024’s levels. This marks the second consecutive month of production gains for 2025. May U.S. production per cow averaged 2,110 pounds, up 7 pounds from May 2024 to May 2025. The U.S. milking herd…
From January 2025 to April 2025, Argentina’s production volumes were up 11.9 percent compared to 2024’s production. While the increase is impressive, Argentina experienced a 15.1 percent drop over the same months the prior year. This year’s growth is beginning to balance last year’s production losses. Argentina’s domestic consumption was up 13.8 percent while exports…
Based on April’s USDA Dairy Product report, U.S. cheese production totaled 1.23 billion pounds, a 3.1 percent increase year over year. From April 2024 to April 2025, Italian-type cheese output rose 2.2 percent to 517 million pounds. Mozzarella saw modest gains with a 1.1 percent increase year over year.
The USDA announced April’s margin at $10.42 per hundredweight (cwt.), down $1.13 from the prior month’s $11.55 per cwt. The all-milk price experienced a slight $1.00 per cwt downshift from March’s $22.00 per cwt. to $22.00 per cwt. in April. However, feed costs rose 13 cents from $10.45 per cwt. to $10.58 per cwt. While…
Based on the National Milk Producers Federation Market Report, butter, yogurt, and American-type cheese all experienced domestic growth in the first quarter of 2025, up 3.6, 7.6, and 0.2 percent, respectively, from the first quarter of 2024. For March, fluid milk sales fell 1.5% year over year, resulting in Q1 fluid sales decreasing 0.3 percent…
Based on recent Global Dairy Trade (GDT) Auction reports, international cheese and butter prices are closing in on U.S. prices as the GDT dropped in May. The GDT price index fell 0.9 percent from the previous event with an average winning price of $4,589 metric tons (MT). This is following the May 6 trading event…
