U.S. Milk Production Update – Dec ’20
Executive Summary U.S. milk production figures provided by the USDA were recently updated with values spanning through Nov ’20. Highlights from the updated report include:
- U.S. milk production increased on a YOY basis for the 16th time in the past 17 months, finishing 3.0% above the previous year and reaching a record high seasonal level. The YOY increase in milk production volumes was the largest experienced throughout the past 71 months. YOY increases in production on an absolute basis were led by Texas, followed by California and Wisconsin.
- The Oct ’20 U.S. milk cow herd figure was revised 5,000 head higher than levels previously stated while the Nov ’20 figure increased an additional 12,000 head, reaching a 29 month high level. Milk cow herd figures finished 62,000 head above the previous year but remained 31,000 head below the 23 year high level experienced during Jan ’18.
- U.S. milk per cow yields increased 2.3% on a YOY basis throughout Nov ’20, finishing higher for the 60th time in the past 61 months. The YOY increase in milk per cow yields was the largest experienced throughout the past 49 months.