U.S. Milk Production Update – Jan ’21
Executive Summary U.S. milk production figures provided by the USDA were recently updated with values spanning through Dec ’20. Highlights from the updated report include:
- U.S. milk production increased on a YOY basis for the 17th time in the past 18 months, finishing 3.1% above the previous year and reaching a record high seasonal level. The YOY increase in milk production volumes was the second largest experienced throughout the past six years, trailing only the previous month growth rate. YOY increases in production on an absolute basis were led by California, followed by Texas and Wisconsin.
- The Nov ’20 U.S. milk cow herd figure was revised 24,000 head higher than levels previously stated while the Dec ’20 figure increased an additional 12,000 head, reaching a 35 year high level. Milk cow herd figures finished 100,000 head above the previous year.
- U.S. milk per cow yields increased 2.0% on a YOY basis throughout Dec ’20, finishing higher for the 61st time in the past 62 months.