U.S. Dairy Dry Product Stocks Update – Sep ’20
Executive Summary U.S. dairy dry product stock figures provided by the USDA were recently updated with values spanning through Jul ’20. Highlights from the updated report include:
- U.S. dry whey stocks finished 24.9% higher on a YOY basis throughout Jul ’20, reaching a three year high seasonal level.
- U.S. nonfat dry milk stocks finished 6.1% higher on a YOY basis throughout Jul ’20, finishing higher for the fifth time in the past six months.