Milk production in Iowa during May 2020 totaled 451 million pounds, down 2% from the previous May according to the latest USDA, National Agricultural Statistics Service – Milk Production report. The average number of milk cows during May, at 217,000 head, was down 2,000 from both last month and last year. Monthly production per cow averaged 2,080 pounds, down 20 pounds from last May.
Month: June 2020
WASDE Predicts Higher Milk Production And Higher Prices For 2021
Milk production for 2020 is raised from last month on higher expected cow numbers. The fat basis import forecast is raised from the previous month on higher imports of butter fat products, while the fat basis export forecast is reduced on lower expected sales of cheese. The 2020 skim-solids basis import forecast is raised from last month on recent trade data and expectations of higher imports of a number of dairy products. The skim-solids basis export forecast is raised primarily on higher skim milk powder and lactose exports.
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