Monday, November 20, 2023

October Milk Production in the United States down 0.5 Percent

October Milk Production down 0.4 Percent 

Milk production in the 24 major States during October totaled 17.9 billion pounds, down 0.4 percent from October 2022. September revised production, at 17.5 billion pounds, was up 0.1 percent from September 2022. The September revision represented an increase of 17 million pounds or less than 0.1 percent from last month's preliminary production estimate. Production per cow in the 24 major States averaged 2,013 pounds for October, 3 pounds below October 2022. The number of milk cows on farms in the 24 major States was 8.91 million head, 19,000 head less than October 2022, and 5,000 head less than September 2023. 

October Milk Production in the United States down 0.5 Percent 

Milk production in the United States during October totaled 18.7 billion pounds, down 0.5 percent from October 2022. Production per cow in the United States averaged 1,997 pounds for October, 1 pound below October 2022. The number of milk cows on farms in the United States was 9.37 million head, 42,000 head less than October 2022, and 6,000 head less than September 2023. 







Thursday Closing Dairy Market Update - The July Class I Price is $21.33

GENERAL OVERVIEW: Class III ended the short trading week mixed. Class IV futures closed with double-digit gains. The July advanced Cl...