Nationally, November milk production was estimated at 16.54 billion lbs., up 3.4% from November 2013, according to USDA’s monthly report, released Dec. 19.
U.S. cow numbers were estimated at 9.28 million head, 82,000 head more than November 2013, and 4,000 head more than October 2014. Production per cow averaged 1,782 lbs. for November 2014, 42 lbs. more than November 2013.
Dave Kurzawski, FCStone, characterized the report as bullish compared to market expectations.
“Our expectation was perhaps a bit lofty at +4.4% year over year, but coming in a full percent below that can only be taken as bullish,” Kurzawski said. “We would look for a continued bounce on futures contracts come Sunday evening on the heels of this report.”
Eric Meyer, HighGround Dairy, also termed the report bullish versus HighGround’s expectations.
November milk production in the 23 major states was estimated at 15.52 billion lbs., up 3.5% from November 2013.
November cow numbers in the major states totaled 8.592 million head, 93,000 head more than November 2013 and 3,000 head more than October 2014. Production per cow averaged 1,806 lbs. for November, 41 lbs. more than November 2013, and the highest production per cow for the month of November since records began in 2003.
October revised production in the major states, at 16.01 billion lbs., was up 3.7% from October 2013. The October revision represented a decrease of 35 million lbs. (0.2%) from last month's preliminary production estimate, as USDA revised cow numbers down by 3,000 head.
Fourteen states reported increases in cow numbers compared to a year ago, with largest year-to-year increases in Texas (+30,000); Michigan (+19,000); Idaho (+12,000); Washington (+10,000); Kansas (+8,000); and Colorado (+7,000). Five states posted declines in cow numbers, led by Illinois (-4,000); and Virginia (-2,000). Cow numbers in California, Florida, Pennsylvania and Vermont were unchanged.
Utah, South Dakota, Arizona, Iowa and Vermont led all states in the increase in milk production per cow compared to the same month a year earlier.