USDA expects a gradual culling of the herd in 2023. The herd began the year at 9.4 million animals, but the latest projection shows a drop of 30,000 heifers by year-end.
Currently, the herd is expected to end the year at 9.37 million animals, and total production is forecast to climb to just over 228 billion pounds, up around 1 percent. That increase could be realized assuming yield rises, and culling is limited. ERS does not anticipate any dramatic changes in imports of dairy solids but does see higher exports of dairy fat solids.
Further information and statistics concerning the dairy market are available to our IQ subscribers. Log in to read more.
Leave A Comment