U.S. Dairy Product Production Update – Jan ’20
Executive Summary U.S. dairy product production figures provided by USDA were recently updated with values spanning through Nov ’19. Highlights from the updated report include:
- Nov ’19 U.S. butter production increased on a YOY basis for the sixth consecutive month, finishing up 4.4% and reaching a record high seasonal level.
- Nov ’19 U.S. cheese production increased 0.5% YOY, reaching a record high seasonal level, while dry whey production remained higher on a YOY basis for the fourth consecutive month, finishing up 3.9%.
- Nov ’19 combined production of U.S. nonfat dry milk and skim milk powder increased 5.1% on a YOY basis, finishing higher for the fifth consecutive month. Nonfat dry milk production increased 5.7% YOY throughout the month while skim milk powder production finished 3.0% higher YOY.