U.S. Dairy Commercial Disappearance Update – Jul ’18
Executive Summary U.S. dairy commercial disappearance figures provided by USDA were recently updated with values spanning through May ’18. Highlights from the updated report include:
- May ’18 U.S. commercial disappearance for milk used in all products declined 3.2% YOY on a milk-fat basis but remained 1.4% higher YOY on a skim-solids basis. Domestic demand declined on a YOY basis for the third consecutive month on both a milk-fat and skim-solids basis, finishing down 3.6% and 2.8%, respectively.
- May ’18 U.S. butter, cheese and dry whey commercial disappearance each declined on a YOY basis throughout the month as domestic demand finished lower YOY across all products. Whey protein concentrate and nonfat dry milk/skim milk powder commercial disappearance remained higher on a YOY basis, however, despite declines in domestic demand.
- U.S. fluid milk sales finished lower on a YOY basis for the 11th time in the past 12 months during May ’18, declining by 3.2%. Sales of fat-free milk remained particularly weak, declining by 7.9% YOY throughout the month.