U.S. Dairy Commercial Disappearance Update – Dec ’19
Executive Summary U.S. dairy commercial disappearance figures provided by USDA were recently updated with values spanning through Oct ’19. Highlights from the updated report include:
- Oct ’19 U.S. commercial disappearance for milk used in all products increased 2.5% YOY on a milk-fat basis and 3.9% YOY on a skim-solids basis, each reaching record high seasonal levels. Domestic demand increased 3.7% YOY on a milk-fat basis and 4.0% YOY on a skim-solids basis throughout the month.
- Oct ’19 U.S. butter, cheese and nonfat dry milk/skim milk powder disappearance each increased to record high seasonal levels while dry whey disappearance finished at a 12 year high seasonal level. Oct ’19 whey protein concentrate remained lower on a YOY basis for the ninth consecutive month, however.
- Oct ’19 U.S. fluid milk sales declined on a YOY basis for the 17th time in the past 18 months, finishing down 2.1% and reaching a record low seasonal level.