U.S. Dairy Dry Product Stocks Update – Oct ’20
Executive Summary U.S. dairy dry product stock figures provided by the USDA were recently updated with values spanning through Aug ’20. Highlights from the updated report include:
- U.S. dry whey stocks finished 18.2% higher on a YOY basis throughout Aug ’20, reaching a two and a half year high level.
- U.S. nonfat dry milk stocks declined to an eight month low level but remained 0.4% higher on a YOY basis throughout Aug ’20.