Friday, February 21, 2025

January Milk Production up 0.2 percent

January Milk Production up 0.2 percent 

Milk production in the 24 major States during January totaled 18.3 billion pounds, up 0.2 percent from January 2024. December revised production, at 18.0 billion pounds, was down 0.2 percent from December 2023.  The December revision represented no change from last month's preliminary production estimate. Production per cow in the 24 major States averaged 2,054 pounds for January, 8 pounds below January 2024.  The number of milk cows on farms in the 24 major States was 8.93 million head, up 54,000 head from January 2024, and up 9,000 head from December 2024. 

2024 Annual Milk Production down 0.2 percent from 2023 

The annual production of milk for the United States during 2024 was 226 billion pounds, down 0.2 percent from 2023. Revisions to 2023 production decreased the annual total 53 million pounds. Revised 2024 production was up 14 million pounds from last month's publication. Annual total milk production has increased 8.3 percent from 2015. Production per cow in the United States averaged 24,178 pounds for 2024, 61 pounds above 2023. The average annual rate of milk production per cow has increased 8.1 percent from 2015. The average number of milk cows on farms in the United States during 2024 was 9.34 million head, down 42,000 head from 2023. The average number of milk cows was revised up 3,000 head for 2024. The average annual number of milk cows has increased 0.2 percent from 2015. 





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...