Dairy 

Data Dashboard September 2020

Milk Production Change from Prior Year, Top 4 Global Suppliers U.S. Exports and Imports as % of Milk Production U.S. Milk Prices

25.00
800 2.8 20.0 22.00
Volume change from prior year, 000 MT

19.00

Percent of milk production (TSB)

$/cwt.
600 2.1 16.00

Percent change, Top 4

16.0 13.00
400 1.4 10.00
Jan19 Apr Jul Oct Jan20 Apr Jul
12.0
200 0.7 Class III Class IV All-Milk

- - 8.0
U.S. Income over Feed Costs
(200) (0.7)
4.0 13.60

(400) (1.4) 10.40

$/cwt.
0.0
2016 2017 2018 2019 2020 7.20

EU-28 U.S. NZ Australia % change, Top 4

4.00
Exports Imports '16 '17 '18 '19 '20
Feb. 2016
Feb 20 adjusted for leap day. Latest month may adjusted
include USDECfor leap day.
estimate.

NDM/SMP Cheese Butter

U.S. Supply and Demand

420 1,550 410

336 1,380 328

million lbs.
million lbs.
million lbs.

252 1,210 246

168 1,040 164

84 870 82

0 700 0
Feb Mar Apr May Jun Jul Feb Mar Apr May Jun Jul Feb Mar Apr May Jun Jul

Production Imports Domestic Use Production Imports Domestic Use Production Imports Domestic Use
Exports Ending Stocks Exports Ending Stocks Exports Ending Stocks

1.45 2.80 3.45

1.29 2.43 2.95

1.13 2.06 2.45
$/lb.

$/lb.
Prices

$/lb.
0.97 1.69 1.95
0.81 1.32 1.45
0.65 0.95 0.95
Jan18 Jul Jan19 Jul Jan20 Jul

Oceania Europe U.S. Oceania U.S. Oceania Europe U.S.

Sources: USDEC, USDA, U.S. Bureau of Census. Oceania and Europe prices are mid-point of range from USDA's Dairy Market News . For additional market information, go to www.usdec.org. Managed by Dairy Management Inc.™