July shows slight dip in US milk supply

Aug 26, 2024
By Farms.com

USDA notes minor decrease in July milk production

Recently the USDA highlighted a slight downturn in the U.S. milk production, recording a marginal year-over-year decrease of 0.2 percent to 18.2 billion pounds.

This decline was observed even though there was an incremental rise in milk production per cow, which increased to 2,047 pounds. The total count of dairy cows saw a reduction, coming in at 8.88 million, which is 31,000 less than the previous year.

Revisions to June's milk production statistics also reflect a downward trend, with a 1.5 percent decrease compared to last year, culminating in 17.9 billion pounds.

The three-month period ending in June saw the dairy herd size reduce to 9.33 million from 9.41 million, with a slight dip in production per cow.

The U.S. milk production for July summed up to 18.9 billion pounds, indicating a 0.4 percent decline from the prior year. These statistics underline the subtle yet impactful shifts within the dairy industry, which are essential for stakeholders aiming to navigate the complexities of market demand and supply dynamics effectively.

Video: Veteran Farmers: A Legacy of Service in Rural America

Veterans Day is a time to honor the men and women who have selflessly protected our freedoms and values. And for some, the transition from military service to civilian life brings them back to the farm.

At Farm Bureau, we believe it’s important to not only celebrate veterans but also those who continue to make a difference in agriculture and their community. We've partnered with Farm Credit to establish the Veteran Farmer Award of Excellence to shine a light on those who have continued to go above and beyond to serve their communities.

This year, we recognize retired Colonel Joe Ricker as the inaugural Veteran Farmer Award of Excellence winner. Joe served over 30 years in the Army before retiring from the Pentagon and completing tours in both Iraq and Afghanistan. Since leaving the Army, his commitment to excellence in farming and enriching the lives of veterans has blossomed in a myriad of ways in both his local community of Wilkinson, Indiana, and across the country. Joe grows apples and raises bees on his farm in Indiana. Joe founded “Veterans IN Farming,” an organization, now with more than 1,100 members, dedicated to providing veterans in Indiana with the tools and training to succeed in agriculture.

The American Farm Bureau Federation is an independent, non-governmental, voluntary organization, comprised of and directed by farm and ranch families who engage in all types of food, fuel and fiber production.