United States: 2023 starts with more milk but fewer dairy farms

Published 2023년 2월 22일

Tridge summary

In January, U.S. milk production slightly exceeded one percent growth due to increased output and more cows, defying expectations of herd decline based on dairy cow slaughter numbers. The USDA reported a total production of over 19 billion pounds, with a rise in production per cow and an increase in the herd size compared to the previous year and month. However, the number of licensed dairy farms in the U.S. fell by nearly 2,000, or six percent, with the largest declines in Wisconsin, New York, Pennsylvania, Minnesota, and Michigan. South Dakota saw the largest increase in milk production, followed by Iowa, while Florida experienced the largest decrease.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Milk production during January increased slightly more than one percent because of better output and more cows. Ahead of the report, economist Nate Donnay with StoneX was calling for the herd to decline based on weekly dairy cow slaughter numbers. “By March, the U.S. dairy herd probably falls below a year ago levels and that’s really going to be a drag on year over year gains in milk production, he says. During his recent February outlook, Donnay outlined how farm financial pressure will likely limit production growth this year. USDA says production in the U.S. for January totaled more than 19 billion pounds with production per cow up 18 pounds from last year. The herd size increased 38,000 head on the year and 9,000 from the previous month. The USDA February report also includes an annual number of licensed dairy farms for 2023 which was down nearly 2,000 from 2022, or six percent. Wisconsin (-420), New York (-220), Pennsylvania (-200), Minnesota (-180), and Michigan ...

Source: Brownfield Ag