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. [...]
Manufacturer stocks of human-grade, low-heat nonfat dry milk (NFDM) stand at 247 million lbs, their highest level since 2018. Earlier this year, demand destruction caused by rapidly rising prices and competition from more competitively priced supply from New Zealand led to slower sales. That [...]
After eight months of contraction, the national herd finally showed signs of life and an increase of 3,000 head at the end of February. Hopefully this marks the end of the period of culling as farmers are gearing up for spring flush and improvements [...]
In a proverbial good news/bad news sense, the dairy market received updates from USDA on both stocks of dairy products in cold storage as well as an update on the total herd across the country this past week. Last Tuesday, USDA’s cold storage report [...]
