Market Watch
With leap day adjustments, U.S. milk production has now declined for 10 consecutive months compared to the same months a year earlier.
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April milk production lower as cow numbers decline
Twelve states including New Mexico, Texas, Oregon, Kansas and Georgia reduced milk production a combined 218 million pounds.
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Replacement cow prices match 10-year peak
Quarterly average prices in April reached the same peak of $2,120 per head as seen in October 2014.
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March report on dairy cows marketed for beef
Monthly dairy cull cow market trends downward in early 2024.
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Milk production declines in March USDA estimates
Seventeen states, including New Mexico, Texas, Oregon and Idaho, reduced milk production a combined 280 million pounds.
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Leap day factors into milk production jump
Milk production and output per cow increase in USDA estimates due to extra “leap year” day in February.
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2023 annual milk production down from 2022
Cow numbers and milk production continue to decline in January USDA estimates for the seventh consecutive month.
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Milk production stayed on downward slope to end 2023
Decline continued in December, pressured by lower cow numbers, no output growth.
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Cow numbers, milk production continue to decline in November USDA estimates
Ten states including California, New Mexico, Texas, Pennsylvania and Colorado reduced milk production a combined 188 million pounds.
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Milk production decreases in USDA October estimates
The U.S. dairy herd is the smallest since January 2022, pulling October 2023 U.S. milk production down 0.5% from a year earlier.
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