Monday, August 21, 2023

July Milk Production down 0.6 Percent

July Milk Production down 0.6 Percent        

Milk production in the 24 major States during July totaled 18.3 billion pounds, down 0.6 percent from July 2022. June revised production, at 18.1 billion pounds, was up 0.4 percent from June 2022. The June revision represented an increase of 37 million pounds or 0.2 percent from last month's preliminary production estimate.  Production per cow in the 24 major States averaged 2,047 pounds for July, 13 pounds below July 2022.   The number of milk cows on farms in the 24 major States was 8.92 million head, unchanged from July 2022, but 7,000 head less than June 2023.   

July Milk Production in the United States down 0.5 Percent  

Milk production in the United States during July totaled 19.1 billion pounds, down 0.5 percent from July 2022.  Production per cow in the United States averaged 2,029 pounds for July, 9 pounds below July 2022.  The number of milk cows on farms in the United States was 9.40 million head, 13,000 head less than July 2022, and 3,000 head less than June 2023. 







Friday Closing Dairy Market Update - 2024 Milk Production Lower, But Herd Size Growing

MILK: Class III milk futures lost over 80 cents on the March contract this week, while Class IV lost over $1.40 from this time last week. We...