U.S. milk production forecast increasesStaff Writer | September 22, 2016
The latest USDA World Agricultural Supply and Demand Estimate report marginally increases the forecasted figure for U.S. 2016 milk production.
Dairy USDA World Agricultural Supply and Demand Estimate
The increase is attributed to stabilising herd size, which has occurred as a result of expected improvements in milk prices.
f this was to come into fruition, it would see U.S. milk production increase 1,585m litres on 2015 levels.
The 2017 forecast was also increased, up to 95,194m litres, an increase of 1,718m litres on the 2016 projection. This is down to an anticipation of a growth in milk yield per cow. ■