U.S. Dairy Dry Product Stocks Update – Jan ’21
Executive Summary U.S. dairy dry product stock figures provided by the USDA were recently updated with values spanning through Nov ’20. Highlights from the updated report include:
- U.S. dry whey stocks finished 14.9% below previous year figures throughout Nov ’20, remaining at a four year low seasonal level.
- U.S. nonfat dry milk stocks finished 12.4% above previous year figures throughout Nov ’20 but remained below three year average seasonal levels for the fourth consecutive month.