U.S. Dairy Dry Product Stocks Update – Aug ’20
Executive Summary U.S. dairy dry product stock figures provided by the USDA were recently updated with values spanning through Jun ’20. Highlights from the updated report include:
- Jun ’20 U.S. dry whey stocks declined slightly from the 27 month high level experienced throughout the previous month but remained 23.6% higher on a YOY basis.
- Jun ’20 U.S. nonfat dry milk stocks continued to decline contraseasonally while finishing 0.7% lower on a YOY basis, reaching a four year low seasonal level.