The national herd lost another 10,000 head according to the September USDA milk production report, which provides the latest statistics on milk production across the country. We have now fallen below 9.4 million heifers across the country, down to the lowest level since February 2022. The report showed that cow numbers in the big 24 reporting states remained stable, but we suspect that figure was reported in error and will be revised lower in an upcoming report in the fourth quarter. 

Yield declined to 65.2 lbs of milk produced per day per cow during August, this figure will continue to trend lower through late October. Total milk output for the month was marginally lower than August 2022, the next several months will continue to see erosion in the YTD milk production figures. YTD we are still up 0.4 percent through the month of August but, by year end, the cumulative tally will likely be flat to down vs. the prior year. 

The full version of this commentary appeared on our IQ platform Sep. 19, 2023. Further information, statistics, and pricing for the dairy market are available to IQ subscribers. Learn more about becoming a subscriber.

Posted by: Information Services
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