How Is U.S. Dairy Herd Growth Impacting Milk Production?
Could the growth of the U.S. dairy herd be a game changer for milk production? In June, milk production in the top 24 states rose by 2.4%, totaling 19.7 billion pounds, largely due to...
Key points pulled from the episode
- ▸Milk production in June increased by 2.4% in the top 24 states.
- ▸Total production reached 19.7 billion pounds.
- ▸The dairy herd size grew by 185,000 cows.
- ▸Per cow production rose by seven pounds year-over-year.
Why it matters for agriculture → For Delta landowners and operators, the growth in dairy herd size and subsequent increase in milk production signals a robust dairy market. This could lead to better pricing and demand for dairy products, impacting local farming operations. Investors and lenders should monitor these trends as they may influence future land values and investment opportunities in dairy farming.