U.S. Milk Production Update – Sep ’19
Executive Summary U.S. milk production figures provided by USDA were recently updated with values spanning through Aug ’19. Highlights from the updated report include:
- U.S. milk production increased 0.2% on a YOY basis throughout Aug ’19 however 12-month rolling average production growth rates declined to a nine year low.
- The Aug ’19 U.S. milk cow herd declined 2,000 head from the previous month’s revised figure, reaching a three and a half year low level. The Jul ’19 milk cow herd figure was revised 10,000 head higher than previous stated, however, resulting in an 8,000 head net increase in herd figures relative to last month’s figure. The U.S. milk cow herd currently stands at 9.318 million head, which is 71,000 head below the previous year and 120,000 head below the 23 year high level experienced during Jan ’18.
- U.S. milk per cow yields increased YOY for the 46th consecutive month throughout Aug ’19, finishing 1.0% above the previous year.