February Milk Production Up 4.3 Per Cent

US - USDA released the February “Milk Production” report this afternon showing 50-state milk production at 16.28 billion lbs., up 4.3 per cent (adjusted for Leap Day) from a year earlier, writes Alan Levitt, on 19th March 2012.
calendar icon 20 March 2012
clock icon 1 minute read

50-state cow numbers increased 9,000 head from last month and stand at 9.25 million head, up almost 1.0 per cent vs. last year. Production-per-cow averaged 60.7 lbs. per day in February, up 1.9 lbs., or 3.3 per cent greater than last year.

Atypically mild winter weather conditions across most the United States facilitated strong yearover- year production gains. States posting the strongest gains vs. the prior year (adjusted for Leap Day) in milk production include: Utah 8.5 per cent, Colorado 8.3 per cent, Arizona 8.0 per cent, California 7.1 per cent, Indiana 6.2 per cent and Michigan 5.7 per cent.

Despite ample milk supplies, the CME spot Cheddar barrel cheese price closed a penny higher at $1.5925/lb. There were two bids in the barrel market and a single bid in the block market. The CME spot Cheddar block price settled unchanged at $1.5825/lb.

Today’s spot butter trading session was fairly quiet compared to last week in which 26 loads of butter were traded. Cash butter closed 0.75 cents higher to $1.5225/lb. on a single bid.

Daily Dairy Report - Copyright © 2008 CME. All rights reserved.

TheMeatSite News Desk
© 2000 - 2023 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.