U.S. Dairy Commercial Disappearance Update – May ’18
Executive Summary U.S. dairy commercial disappearance figures provided by USDA were recently updated with values spanning through Mar ’18. Highlights from the updated report include:
- Mar ’18 U.S. commercial disappearance for milk used in all products increased to a record seasonal high on both a milk-fat and skim-solids basis, finishing up 1.0% YOY and 1.9% YOY, respectively. Commercial disappearance on a skim-solids basis finished at a new record high monthly figure.
- Mar ’18 U.S. butter, cheese and whey protein concentrate commercial disappearance all increased to new record seasonal highs throughout the month. Dry whey commercial disappearance increased to a 18 year seasonal high for the month of March and, although nonfat dry milk/skim milk powder commercial disappearance declined from the record seasonal high experienced throughout the previous year, Mar ’18 disappearance remained at the second highest seasonal figure on record.
- U.S. fluid milk sales finished lower on a YOY basis for the tenth consecutive month during Mar ’18, declining by 3.0%. Sales of fat-free milk remained particularly weak, declining by 10.5% YOY throughout the month.