U.S. Dairy Commercial Disappearance Update – May ’20
Executive Summary U.S. dairy commercial disappearance figures provided by the USDA were recently updated with values spanning through Mar ’20. Highlights from the updated report include:
- U.S. commercial disappearance for milk used in all products increased 4.2% YOY on a milk-fat basis during Mar ’20, reaching a record high seasonal level, but finished 0.4% lower YOY on a skim-solids basis. Domestic demand increased 4.6% YOY on a milk-fat basis but declined by 1.6% YOY on a skim-solids basis throughout the month.
- Butter and cheese commercial disappearance each reached record high seasonal levels throughout Mar ’20, increasing by 16.5% and 0.5% on a YOY basis, respectively. Mar ’20 dry whey commercial disappearance also finished higher on a YOY basis throughout the month however whey protein concentrate commercial disappearance declined to a three and a half year low level. Nonfat dry milk / skim milk powder commercial disappearance declined 22.6% on a YOY basis throughout the month, reaching a six year seasonal low level.
- U.S. fluid milk sales declined on a YOY basis for the 21st time in the past 22 months during Feb ’20, finishing down 2.8% and reaching a record low seasonal level.