U.S. Milk Production Update – Apr ’20
Executive Summary U.S. milk production figures provided by the USDA were recently updated with values spanning through Mar ’20. Highlights from the updated report include:
- U.S. milk production increased 2.2% on a YOY basis throughout Mar ’20, reaching a record high monthly level. The YOY increase in milk production was the ninth experienced in a row and the largest experienced throughout the past three years.
- The U.S. milk cow herd reached a 19 month high level during Mar ’20, increasing 5,000 head from the previous month’s revised figure. Milk cow herd figures have increased by a total of 65,000 head throughout the past eight months, rebounding from the three year low level experienced throughout Jul ’19.
- U.S. milk per cow yields increased on a YOY basis for the 53rd consecutive month throughout Mar ’20, finishing 1.7% above the previous year. The YOY increase in milk per cow yields was the largest experienced throughout the past 14 months.