U.S. Dairy Dry Product Stocks Update – Dec ’19
Executive Summary U.S. dairy dry product stock figures provided by USDA were recently updated with values spanning through Oct ’19. Highlights from the updated report include:
- Oct ’19 U.S. dry whey stocks increased 5.0% on a YOY basis, finishing at the second highest seasonal level on record.
- Oct ’19 U.S. nonfat dry milk stocks declined to a 35 month low level, finishing 13.0% lower on a YOY basis.