U.S. Dairy Dry Product Stocks Update – Jun ’20
Executive Summary U.S. dairy dry product stock figures provided by the USDA were recently updated with values spanning through Apr ’20. Highlights from the updated report include:
- U.S. dry whey stocks increased to a five month high level throughout Apr ’20 but remained 0.5% lower on a YOY basis.
- U.S. nonfat dry milk stocks increased to a record high level throughout Apr ’20, finishing 41.1% higher on a YOY basis.