April 19, 2023: Dairy Week In Review

US total milk production was up 0.5 percent year over year in March to 19.805 billion pounds. Milk production per cow was up 4 pounds, while total cow numbers were up 31,000 head from a year ago, up 6,000 head from last month. The nation’s top milk producer, California, was actually down 2.0 percent in…

April 12, 2023: Dairy Week In Review

USDA’s Dairy Products report shows total cheese output up 0.4 percent from a year ago to 1.11 pounds, down 7.9 percent from a month ago. Italian type cheese production was down 1.4 percent  from a year ago to 460 million pounds, while American type cheese production was up 2.4 percent to 453 million pounds. Butter…

April 5, 2023: Dairy Week In Review

USDA announced the March Class III price at $18.10 per hundredweight, up 32 cents from February but down $4.35 from a year ago. The Class IV price was announced at $18.38 per cwt., down  48 cents from February and $6.44 below last March levels. Class III futures prices on the CME average $18.99 for the…

March 29, 2023: Dairy Week In Review

The herd size in the U.S. increased to 9.417 million in February, up 37,000 (+0.4%) compared to last year. The national herd also increased month-to-month with 12,000 cows more than January 2023. Average milk production per cow also increased by nine pounds compared to last February to 1,877 pounds per cow. With more cows producing…

March 22, 2023: Dairy Week In Review

Total milk production in the US was up 0.8 percent from a year ago to 17.7 billion pounds, with per cow milk production up 7 pounds to 1,877 pounds. The nation’s dairy herd grew 37,000 head  from a year ago to 9.42 million head, up 12,000 head from last month. Read More

March 15, 2023: Dairy Week In Review

Total conventional milk sales declined to 40.425 billion pounds in 2022. This is 2.4 percent less than 2021. For several years, the largest declines in conventional fluid milk sales have come from  low fat (1% milkfat) and fat free milk. This trend did not change. Low fat milk sales dropped 8% during 2022 to 4.634…

March 8, 2023: Dairy Week In Review

Total cheese production was up 3.2 percent from a year ago to 1.21 billion pounds in January, 1.2 percent from a month ago. Italian type cheese production totaled 501 million pounds, up 0.4  percent below January 2022 levels and 1.3 percent below last month’s levels. American-type cheese production was 501 million pounds, up 6.2 percent…

March 2, 2023: Dairy Week In Review

Global Dairy Trade (GDT), EU, and U.S. milk prices for butter, cheese, and nonfat dry milk/skim milk (NDM/SMP) are relatively similar. Cheese and NDM/SMP prices among these three markets are within 15 cents per pound of each other. Cheese is the only category that continues to provide the U.S. with a slight advantage, with an…

February 22, 2023: Dairy Week In Review

US total milk production was up 1.3 percent year-over-year to 19.3 billion pounds in January, with 18 pounds more milk per cow and 37,000 more cows in the nation’s dairy herd, according to the latest  USDA Milk Production Report. Cow numbers increased 11,000 head from December to January after  falling for the past two months….

February 15, 2023: Dairy Week In Review

According to the U.S. Dairy Export Council (USDEC) and USDA data, the U.S. exported a total volume of 2.402 million metric tons (MT) during 2022, an increase of 119,022 MT (+5%) compared  to 2021. This makes 2022 the third consecutive year for record total volume. With higher-than-normal dairy product prices through 2022, the previous value…