Cow numbers down in January report

Reports in January presented milking herd numbers at the close of 2022. Although milk yield showed a slight improvement with a seasonal upswing to nearly 65 pounds of milk per cow per day, the national herd fell by 8,000 head from the previous month. [...]

Increase in price of eggs due to shortage in supply

Eggs can be an important source of vitamins, minerals, iron, and carotenoids, being a great food that provides the human body with these essentials for healthy living. The new year began with a huge disappointment for egg fans, however. Eggs have been in limited [...]

Food Price Index down to 15-month low

Adjusted for inflation, FAO’s Food Price Index (FPI) fell nearly 2 percent in December, reaching its lowest level since September 2021 and down about 2.6 percent YOY. FPI for all of 2022 was still up nearly 12 percent YOY and up nearly 37 percent [...]

November nonfat dry milk stocks up 59 million pounds YOY

As 2022 ended, reported stocks of various dairy products were starting to climb, setting the stage for an oversupplied market in the new year. Manufacturer stocks of nonfat dry milk (NFDM) were reported at 256 million pounds, the highest level this time of the [...]

ERS sees 2023 food prices up 4% from last year

The Food Price Index (FPI), part of the Consumer Price Index (CPI), rose just 0.2 percent in November, slower growth than the 0.7 percent monthly growth in October. Mixed performance across the component prices led zero price growth for food at home, while the [...]

Domestic cattle herd grows as demand slows

USDA’s December milk production for the week leading into Christmas showed a 1,000-head revision higher in the previous herd number and a further 1,000-head addition from October into November. This raises the national heard to a one-year high, up 38,000 heifers from November 2021. [...]

Domestic food CPI reported up 0.7% in October, up 11% YOY

In its October Consumer Price Index (CPI) reporting, ERS calculated that the price to consumers for all food rose 0.7 percent in September. YOY, the food CPI was reported up nearly 11 percent YOY. Of note is the growth in prices of food away [...]

FAO Food Price Index down 1.4 percent YOY

All but two components of FAO’s Food Price Index (FPI) fell in November, allowing the overall index to slip slightly from the previous month. The combined FPI has now seen monthly declines from April through November, and though this included drops of just 0.1 [...]

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