Based on the most recent USDA Milk Production report, U.S. milk output reached 57.8 million pounds for the last quarter of the year, up 4.2 percent from the same quarter the prior year. For October-December 2025, the nation’s milking herd averaged 9.56 million head, a 23,000 head increase from the same timeframe in 2024. U.S….
Based on the most recent USDA Dairy Products report, total cheese output for November 2025 reached 1.22 billion pounds, up 5.9 percent year over year and 3.4 percent month over month. Italian type cheese production totaled 526 million pounds, rising 6.8 percent from November 2024’s levels and falling 2.7 percent from the prior month’s total….
Based on recent forecasts, Dairy Margin Coverage (DMC) margins in 2026 start at a low of $7.37 per hundredweight (cwt.) in January and increase throughout the year to $9.94 in November before dropping to $9.84 in December for an average margin of $8.51 per cwt. If realized, this would result in a total net indemnity…
Based on the most recent USDA Agricultural Prices report, November’s margin was calculated to be $10.04 per cwt, just 54 cents above the $9.50 per cwt trigger. Even though November’s margin fell from October’s $10.87, no indemnities were paid out at any coverage level.
Based on the most recent USDA Milk Production report, U.S. milk production totaled 18.8 billion pounds, surging 4.5 percent upward from November 2024. This follows a revised 19.5 million pounds, up 3.6 percent from the same month the prior year. However, the revised milk production was down 0.1 percent from October’s preliminary estimates. Production per…
Based on the NMPF Dairy Market Report, October’s U.S. fluid milk sales were down 0.1 percent year over year, proceeding a 2.5 increase in September. The U.S. total milkfat production increased by 5.5 percent from the prior year in August—October, approximately two percentage points quicker than fluid milk production over the same time period.
The USDA announced September’s and October’s margin to be $10.87 and $10.52 per hundredweight (cwt) for the Dairy Margin Coverage (DMC), down 65 cents and $1.00 from August’s margin of $11.52 per cwt. Both month’s margins were above $9.50, which resulted in no indemnities being triggered at any coverage level.
The USDA announced September’s and October’s margin to be $10.87 and $10.52 per hundredweight (cwt) for the Dairy Margin Coverage (DMC), down 65 cents and $1.00 from August’s margin of $11.52 per cwt. Both month’s margins were above $9.50, which resulted in no indemnities being triggered at any coverage level.
Based on the August USDA Dairy Products report, U.S. cheese output totaled 1.20 billion pounds, up 0.5 percent from August 2024 but down 1.2 percent from July 2025. Italian type cheese production increased 1.8 percent year over year to 510 million pounds. For August, American type cheese equaled 474 million pounds, a 0.3 percent increase…
Based on the October USDA Milk Production report, U.S. milk output totaled 19.5 billion pounds, a 3.7 percent increase from the same month the prior year. September’s production total was revised downward by 34 million pounds from the preliminary estimate. October’s production per cow averaged 2,033 pounds, up 29 pounds from October 2024.
