Most dairy product production up for February in the US

Published 2023년 4월 5일

Tridge summary

In February, the USDA reported a generally positive year-over-year trend in dairy product production, in line with milk supply growth. Despite this, there was a notable decrease in cheese production compared to the previous month. Butter demand, particularly for exports, remained strong, leading to a decrease in prices. Specifically, butter production increased by nearly two percent year-over-year, but decreased by seven percent month-over-month. Cheese production saw a slight increase of about half a percent year-over-year, but a significant decrease of nearly eight percent month-over-month. Notably, nonfat dry milk and skim milk powder production increased by 4.5 percent and nearly 29 percent year-over-year, respectively, while dry whey production decreased by over five percent and lactose production increased by over 10 percent year-over-year.

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

Original content

The USDA says February dairy product production was mostly up on the year keeping pace with milk supply growth. Matt Herrick with the International Dairy Foods Association tells Brownfield butter demand has remained strong, especially for exports. “Our export market for butter was through the roof, I think we did 40-50 percent more butter in ’22 than we had done in the previous few years which really put downward pressure on prices,” he says. Butter production totaled 186 million pounds, up nearly two percent from the prior year but down seven percent from the last month. Total cheese production was more than 1.1 billion pounds, up almost half a percent from last year, but down nearly eight percent on the month. Italian cheese production was down more than one percent on the year and eight percent on the month while American ...

Source: Brownfield Ag