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    Annual Milk Prod Factors

    Uploaded by

    dhanrajkamat
    This document provides data on factors affecting US milk production from 1980 to 2015, including the number of milk cows and heifers, milk production per cow, total milk production, milk and feed prices, costs of milk production and prices received by farmers. Key trends shown are an increase in milk production per cow from around 12,000 lbs in 1980 to over 22,000 lbs in 2015. Milk prices paid to farmers fluctuated but generally increased over this period while feed costs rose and fell significantly year to year.

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    © All Rights Reserved
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    Annual Milk Prod Factors

    Uploaded by

    dhanrajkamat
    30 views6 pages
    This document provides data on factors affecting US milk production from 1980 to 2015, including the number of milk cows and heifers, milk production per cow, total milk production, milk and feed prices, costs of milk production and prices received by farmers. Key trends shown are an increase in milk production per cow from around 12,000 lbs in 1980 to over 22,000 lbs in 2015. Milk prices paid to farmers fluctuated but generally increased over this period while feed costs rose and fell significantly year to year.

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    Annual

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    This document provides data on factors affecting US milk production from 1980 to 2015, including the number of milk cows and heifers, milk production per cow, total milk production, milk and feed prices, costs of milk production and prices received by farmers. Key trends shown are an increase in milk production per cow from around 12,000 lbs in 1980 to over 22,000 lbs in 2015. Milk prices paid to farmers fluctuated but generally increased over this period while feed costs rose and fell significantly year to year.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    30 views6 pages

    Annual Milk Prod Factors

    Uploaded by

    dhanrajkamat
    This document provides data on factors affecting US milk production from 1980 to 2015, including the number of milk cows and heifers, milk production per cow, total milk production, milk and feed prices, costs of milk production and prices received by farmers. Key trends shown are an increase in milk production per cow from around 12,000 lbs in 1980 to over 22,000 lbs in 2015. Milk prices paid to farmers fluctuated but generally increased over this period while feed costs rose and fell significantly year to year.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 6

    Milk production and factors affecting supply (since 1980)

    January 1 inventory

    Year

    Milk cows ReplaceAverage


    and heifers
    ment
    Replace- number of
    that have heifers, 500 ments per milk cows in Milk per
    calved
    + lbs.
    100 cows the U.S.
    cow
    thousand

    1980
    1981
    1982
    1983
    1984
    1985
    1986
    1987
    1988
    1989
    1990
    1991
    1992
    1993
    1994
    1995
    1996
    1997
    1998
    1999

    Milk cow cost

    10,758
    10,849
    10,986
    11,047
    11,059
    10,777
    11,116
    10,466
    10,311
    10,138
    10,015
    9,966
    9,728
    9,658
    9,507
    9,482
    9,420
    9,318
    9,199
    9,128

    4,159
    4,342
    4,547
    4,545
    4,533
    4,770
    4,709
    4,305
    4,122
    4,117
    4,171
    4,093
    4,131
    4,176
    4,125
    4,121
    4,090
    4,058
    3,986
    4,069

    38.7
    40.0
    41.4
    41.1
    41.0
    44.3
    42.4
    41.1
    40.0
    40.6
    41.6
    41.1
    42.5
    43.2
    43.4
    43.5
    43.4
    43.6
    43.3
    44.6

    thousand

    pounds

    10,799
    10,898
    11,011
    11,059
    10,793
    10,981
    10,773
    10,327
    10,224
    10,046
    9,993
    9,826
    9,688
    9,581
    9,494
    9,466
    9,372
    9,252
    9,151
    9,153

    11,891
    12,183
    12,306
    12,622
    12,541
    13,024
    13,285
    13,819
    14,185
    14,323
    14,782
    15,031
    15,570
    15,722
    16,179
    16,405
    16,433
    16,871
    17,185
    17,763

    Average
    Milk
    price paid
    production for milk 1
    dollars per
    mil. pounds
    cwt
    128,406
    132,770
    135,505
    139,588
    135,351
    143,012
    143,124
    142,709
    145,034
    143,893
    147,721
    147,697
    150,847
    150,636
    153,602
    155,292
    154,006
    156,091
    157,262
    162,589

    13.00
    13.80
    13.60
    13.60
    13.50
    12.70
    12.50
    12.50
    12.20
    13.60
    13.70
    12.20
    13.10
    12.80
    13.00
    12.70
    14.90
    13.30
    15.50
    14.40

    Dairy
    ration
    value 2
    dollars
    per cwt

    Milk/feed
    price ratio

    4.84
    5.04
    4.42
    5.24
    5.34
    4.50
    3.77
    3.45
    4.72
    5.07
    4.86
    4.49
    4.37
    4.60
    4.93
    4.91
    6.15
    5.62
    4.73
    4.01

    2.72
    2.76
    3.09
    2.61
    2.54
    2.84
    3.39
    3.64
    2.63
    2.70
    2.82
    2.74
    3.01
    2.80
    2.65
    2.59
    2.44
    2.38
    3.34
    3.59

    Alfalfa hay
    Milk volume
    price
    required to received by
    Price
    buy a cow
    farmers
    dollars per
    dollars per
    pounds
    head
    ton
    1,190
    1,200
    1,110
    1,030
    895
    860
    820
    920
    990
    1,030
    1,160
    1,100
    1,130
    1,160
    1,170
    1,130
    1,090
    1,100
    1,120
    1,280

    9,154
    8,696
    8,162
    7,574
    6,630
    6,772
    6,560
    7,360
    8,115
    7,574
    8,467
    9,016
    8,626
    9,063
    9,000
    8,898
    7,315
    8,271
    7,226
    8,889

    72.00
    70.90
    72.73
    78.70
    79.48
    73.68
    64.64
    65.97
    82.51
    95.98
    92.56
    78.96
    75.51
    86.67
    93.63
    88.09
    95.03
    110.69
    94.28
    82.26

    Milk production and factors affecting supply (since 1980)


    January 1 inventory

    Year

    Milk cows ReplaceAverage


    and heifers
    ment
    Replace- number of
    that have heifers, 500 ments per milk cows in Milk per
    calved
    + lbs.
    100 cows the U.S.
    cow
    thousand

    2000
    2001
    2002
    2003
    2004
    2005
    2006
    2007
    2008
    2009
    2010
    2011
    2012
    2013
    2014
    2015

    Milk cow cost

    9,183
    9,172
    9,106
    9,142
    8,988
    9,004
    9,104
    9,145
    9,257
    9,333
    9,087
    9,156
    9,236
    9,221
    9,208
    9,307

    4,000
    4,057
    4,055
    4,114
    4,018
    4,117
    4,298
    4,325
    4,415
    4,410
    4,551
    4,577
    4,618
    4,546
    4,549
    4,710

    43.6
    44.2
    44.5
    45.0
    44.7
    45.7
    47.2
    47.3
    47.7
    47.2
    50.1
    50.0
    50.0
    49.3
    49.4
    50.6

    thousand

    pounds

    9,199
    9,103
    9,139
    9,081
    9,010
    9,050
    9,137
    9,189
    9,314
    9,202
    9,123
    9,199
    9,237
    9,224
    9,257
    9,317

    18,197
    18,162
    18,608
    18,759
    18,960
    19,550
    19,895
    20,204
    20,397
    20,561
    21,142
    21,334
    21,722
    21,816
    22,259
    22,393

    Average
    Milk
    price paid
    production for milk 1
    dollars per
    mil. pounds
    cwt
    167,393
    165,332
    170,063
    170,348
    170,832
    176,931
    181,782
    185,654
    189,978
    189,202
    192,877
    196,255
    200,642
    201,231
    206,054
    208,633

    12.30
    15.00
    12.10
    12.50
    16.10
    15.10
    12.90
    19.10
    18.30
    12.80
    16.30
    20.10
    18.50
    20.10
    24.00
    17.10

    Dairy
    ration
    value 2
    dollars
    per cwt

    Milk/feed
    price ratio

    4.04
    4.41
    4.67
    4.80
    5.20
    4.68
    5.04
    6.80
    9.17
    7.27
    7.20
    10.76
    12.15
    11.71
    9.52
    8.06

    3.05
    3.39
    2.60
    2.61
    3.10
    3.24
    2.57
    2.80
    2.01
    1.78
    2.26
    1.90
    1.52
    1.75
    2.54
    2.13

    Alfalfa hay
    Milk volume
    price
    required to received by
    Price
    buy a cow
    farmers
    dollars per
    dollars per
    pounds
    head
    ton
    1,340
    1,500
    1,600
    1,340
    1,580
    1,770
    1,730
    1,830
    1,950
    1,390
    1,330
    1,420
    1,430
    1,380
    1,830
    1,990

    10,894
    10,000
    13,223
    10,720
    9,814
    11,722
    13,411
    9,581
    10,656
    10,859
    8,160
    7,065
    7,730
    6,866
    7,625
    11,637

    83.88
    102.41
    101.30
    94.03
    95.13
    102.53
    107.71
    130.58
    161.33
    122.92
    116.42
    176.08
    206.08
    205.83
    200.25
    166.67

    For the all-milk price, calendar year averages are reported in this table. This differs from annual marketing-year averages reported by USDA National Agricultural Statist
    Service (NASS) for years prior to 1996. For years prior to 1996, all-milk prices are rounded to the nearest 10 cents to be consistent with NASS reporting since 1996.
    2
    Price of 16-percent protein mixed dairy feed. The modeled feed uses 51 percent corn, 41 percent alfalfa hay, and 8 percent soybeans.
    1

    Pounds of 16-percent dairy feed equal in value to 1 pound of milk. For years after 1983, milk-feed ratio values in this table match those reported by NASS. For years pri
    to 1984, NASS uses a different method for computing the milk-feed ratio. In this table, the same method is used for all years in order to provide a consistent data series.
    Computations using the rounded milk prices and feed values in this table may not equal annual reported average milk-feed ratios due to rounding.
    3

    Utility grade, Omaha 1965-87; Wisconsin auctions, 1988-99; South St. Paul, 2000-08. For years after 2008, a slaughter price for live cull cows is not available; therefore
    the national price for dressed domestic cutter cows (90 percent lean, 500 pounds and up) is multiplied by 49.5 percent to estimate a live equivalent price.
    4

    Milk production and factors affecting supply (since 1980)


    January 1 inventory

    Year

    Milk cow cost

    Milk cows ReplaceAverage


    and heifers
    ment
    Replace- number of
    that have heifers, 500 ments per milk cows in Milk per
    calved
    + lbs.
    100 cows the U.S.
    cow
    thousand

    thousand

    pounds

    Average
    Milk
    price paid
    production for milk 1
    dollars per
    mil. pounds
    cwt

    Dairy
    ration
    value 2
    dollars
    per cwt

    Milk/feed
    price ratio
    3

    Alfalfa hay
    Milk volume
    price
    required to received by
    Price
    buy a cow
    farmers
    dollars per
    dollars per
    pounds
    head
    ton

    Sources: USDA National Agricultural Statistics Service, USDA Agricultural Marketing Service, and USDA Economic Research Service calculations.
    For further information, contact Jerry Cessna, 202-691-5171, [email protected].

    Slaughter
    cow
    price 4
    dollars per
    cwt
    45.73
    41.93
    39.96
    39.35
    39.81
    38.31
    37.18
    44.80
    47.91
    50.11
    53.32
    51.50
    49.69
    50.14
    45.03
    38.12
    33.00
    36.93
    35.54
    37.28

    Slaughter
    cow
    price 4
    dollars per
    cwt
    40.08
    44.78
    40.09
    42.99
    52.66
    53.94
    49.08
    49.51
    51.44
    44.38
    56.10
    68.30
    77.71
    77.56
    102.04
    99.56

    is differs from annual marketing-year averages reported by USDA National Agricultural Statistics
    es are rounded to the nearest 10 cents to be consistent with NASS reporting since 1996.
    ercent corn, 41 percent alfalfa hay, and 8 percent soybeans.

    rs after 1983, milk-feed ratio values in this table match those reported by NASS. For years prior
    this table, the same method is used for all years in order to provide a consistent data series.
    ay not equal annual reported average milk-feed ratios due to rounding.

    ul, 2000-08. For years after 2008, a slaughter price for live cull cows is not available; therefore,
    ounds and up) is multiplied by 49.5 percent to estimate a live equivalent price.

    Slaughter
    cow
    price 4
    dollars per
    cwt

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