Dairy Demand
ARTICLES
May 2024 FMMO uniform prices linked to Class III price bounce
High Class I marketing areas again feel "average-of" formula pressure
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USDA outlook sees little change in 2024-25 milk production
Milk production forecasts for both 2024 and 2025 are unchanged from last month with slight adjustments to cow inventories offset by slower growth in milk output per cow.
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Dairy product exports on the up and up from April reports
A 3% increase in U.S. dairy product exports reflect continued cheese growth and improving whey and butterfat volumes to offset declines in milk powder and lactose.
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Increased cow numbers, milk per cow raise 2024-25 milk production estimates
Milk production in 2025 is forecast to increase from 2024, driven by higher milk per cow and an expanding milk cow herd.
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Dairy exports slip in March despite another cheese run
Surging cheese sales in March were not enough for U.S. dairy exports to continue the strong performance seen a month prior.
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USDA maintains dairy options in school meals
Lactose-free milk pilot program drives consumption.
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March 2024 FMMO uniform prices inched higher
Milk class prices rose but Class IV milk pooling was still limited.
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