For November 2024, U.S. dairy exports decreased 9% year over year. November’s decline pushed the year-to-date milk solids equivalent (MSE) volume into the red. Throughout the first 11 months this year, U.S. dairy exports were 0.3% below last year’s levels in the same timeframe. Global demand fell slightly into November, as dairy prices increased to…
Based on November’s Dairy Products report, U.S. total cheese production equaled 1.15 billion pounds, down 1.7% year over year and 6.1% month over month. Italian type cheese increased 1.1% from November 2023 to 493 million pounds. American Type cheese output equaled 448 million pounds, a 4.9% decrease from last November’s levels.
Based on the November USDA Cold Storage report, U.S. total natural cheese stocks dropped 1% month over month and 7% year over year. American cheese stocks were down 8% from November 2023’s 830 million pounds to 766 million stocks in November 2024. Other natural cheese stocks fell 7% from November 2023’s 587 million pounds to…
Based on the November USDA Milk Production report, Pennsylvania’s milk production increased 1% from November 2023’s 783 million pounds to November 2024’s 791 million pounds. PA cow numbers were down 1,000 head from last year’s 466,000 head to 465,000 head. Milk output per cow climbed 20 pounds from 1,680 pounds to 1,700 pounds per cow.
Based on the USDA Crop Production report, Pennsylvania’s soybean production forecasts reached 25.8 million bushels, down 2% year over year. Soybean bushels per acre came out to 41 bushels of soybeans per acre, a 6 bushels per acre decrease. Pennsylvania corn for grain production estimates dropped 12.1% to 93.8 million bushels in October 2024 from…
Based on the USDA Dairy Product report, PA butter production increased 66% from September 2024 at 4.05 million pounds to October 2024 at 6.73 million pounds. U.S. butter production totaled 167 million pounds, up 3.1% from October 2023 at 162 million pounds and 4.4% from September 2024 at 160 million. The butter production growth could…
The USDA announced October’s Dairy Margin Coverage (DMC) margin at $15.17 per hundredweight (cwt). For 2024, this will be the eighth consecutive month with no indemnities triggered at any coverage level. October saw a 40-cent drop in the margin from September’s $15.57. October’s all-milk price came in at $25.20 per cwt, a 30-cent decrease from…
Based on the October 2024 USDA Milk Production report, Pennsylvania’s milk production rose 0.6% from October 2023 at 797 million pounds to 802 million pounds in October 2024. PA milk cow numbers came in at 465,000, down 1,000 head from last year. Production per cow averaged 1,675 pounds, up 5 pounds from October 2023.
Northern Europe’s milk production still suffers from the negative effects of Bluetongue disease on their herds. Germany, Netherlands, Denmark, and Belgium have all seen decreases in milk output due to the disease. However, France, Spain, and Ireland all experienced milk production increases, which help offset the production deficits in the other European countries.
Based on the USDA Dairy Products report, Pennsylvania’s total cheese production came in at 40.8 million pounds, increasing 9.7% year over year and 6.5 % month over month. However, Pennsylvania’s butter production fell 39% from last year to 4.1 million pounds in September 2024. From August, Pennsylvania’s butter production was down 29.3%.
