Skip to main content

2025 Dairy Data Highlights

Page 1

2025

Dairy Data Highlights

1 NMPF/USDEC DAIRY ECONOMICS


2 NMPF/USDEC DAIRY ECONOMICS


About Us The Dairy Economics Team, a collaborative effort between the National Milk Producers Federation (NMPF) and the U.S. Dairy Export Council (USDEC), provides comprehensive market analysis for stakeholders within America’s dairy industry. This specialized team combines the expertise of both organizations to offer unparalleled insights into the ever-evolving dynamics of dairy markets in the United States and around the world. Leveraging data analytics and industry intelligence, the team produces quality, timely reports to assist dairy farmers, cooperatives, proprietary processors and U.S. dairy exporters in making informed decisions and navigating the complexities of the global dairy landscape. By fostering collaboration and providing reliable market intelligence, the team plays an instrumental role in driving the success and resilience of American dairy in both domestic and international markets.

DAIRY DATA HIGHLIGHTS 2025

3


Table of Contents About Us

3

Glossary

88

Common Conversion Factors

89

Dairy Product Consumption and Production U.S. Milk Production Statistics U.S. Production of Milk, Milkfat and Solids-Not-Fat

6

U.S. Milk Cow Numbers, Dairy Farms and Herd Size

8

Dairy Farms and Milk Production by Herd Size

10

U.S. Production Per Cow of Milk, Milkfat and Solids-Not-Fat 12

Structure of the Dairy Industry by State

Annual Commercial Disappearance of Dairy Products, Milk Equivalent 48 Per Capita Commercial Disappearance of Dairy Products, Milk Equivalent 49 Shares of Commercial Disappearance by Product

50

Fluid Milk Sales by Products

52

Per Capita Fluid Milk Sales, Selected Products

53

Sales of Cream and Other Products

54

Cheese Production, Selected Varieties

56

Milk Production by State

15

Per Capita Cheese Consumption, Selected Varieties

57

Cow Numbers, Dairy Herds and Herd Size by State

17

Production of Butter, NFDM and Other Products

58

Milk and Milkfat Production by State

18

Importance of the Dairy Sector by State

19

Per Capita Consumption of Butter, Cottage Cheese, NFDM and Other Products 59

Producer, Wholesale and Retail Prices of Milk and Dairy Products Farm Level Milk Prices by State

21

Selected Farm Level Annual Average Milk Prices

22

Monthly Seasonality of U.S. All-Milk Price and Milk Production 24 Annual Wholesale Prices of Dairy Products

26

Monthly Prices of Dairy Products on the Chicago Mercantile Exchange 27 Annual Retail Prices for Selected Dairy Products

Production of Frozen Dairy Products

60

Per Capita Consumption of Frozen Dairy Products

61

Cheese, Butter, and NFDM Production, by State

62

Plants Processing Dairy Products and Volumes Per Plant

64

Government Cost of Farm Commodity Programs CCC Net Outlays by Commodity

66

U.S. Dairy Trade

28 U.S. Fresh Milk and Cream Exports

Costs of Milk Production Indicators

70

U.S. Butter and Cheese Exports

71-72

U.S. Milk Powder Exports

73-74

Milk Production Costs and Returns by Herd Size

31

U.S. Ice Cream and Yogurt Exports

75-76

U.S. Milk Production Costs and Returns

33

U.S. Whey and Lactose Exports

77-78

Monthly Milk-Feed Price Ratio

34

Monthly DMC/MPP Calculated Feed Cost

34

Commercial Exports and Domestic Disappearance, Milk Equivalent, Total Milk Solids Basis

79

Monthly DMC/MPP Margin

36

Dairy Imports, Quota and Non-Quota

81

Average Prices Received for Livestock

38

Average Prices Received for Crops

40

Crop Production

41

Scope of Federal Milk Marketing Orders Federal Milk Marketing Order Statistics by Market

43

Measures of Growth in Federal Milk Marketing Orders

44

Sales and Butterfat Content of Fluid Milk Products in Federal Milk Marketing Orders 45

4 NMPF/USDEC DAIRY ECONOMICS

U.S. Economic Indicators and Other Statistics Price Indices: Annual Average, Not Seasonally Adjusted

83

Minutes of Work Required to Purchase Selected Dairy Products

84

Commodity Receipts from Marketings

85

Nation’s Top Dairy Cooperatives

86

Number & Net Volume of Products, Supplies and Services by Cooperatives 87 International Milk Production Statistics

88


U.S. Milk Production Statistics

DAIRY DATA HIGHLIGHTS 2025

5


TABLE 1

U.S. Production of Milk, Milkfat and Solids-Not-Fat NONFAT

SOLIDS

PER CAPITA MILK

SOLIDS

TEST

PRODUCTION

(%)

(Million Lbs)

(%)

(Lbs)

3,929

3.92%

8,994

8.98%

814

2.5%

4,343

3.97%

9,705

8.87%

829

116,602

0.4%

4,618

3.96%

10,203

8.75%

768

1960

123,109

0.9%

4,628

3.76%

10,600

8.61%

684

1970

117,007

0.8%

4,284

3.66%

10,063

8.60%

574

1980

128,406

4.1%

4,692

3.65%

11,030

8.59%

565

1985

143,012

5.7%

5,244

3.67%

12,299

8.60%

600

1990

147,721

2.7%

5,390

3.65%

12,704

8.60%

591

1995

155,292

1.1%

5,681

3.66%

13,505

8.70%

583

2000

167,393

3.0%

6,164

3.68%

14,596

8.72%

593

2005

176,931

3.6%

6,480

3.66%

15,481

8.75%

599

2010

192,877

1.9%

7,054

3.66%

16,979

8.80%

624

2011

196,255

1.8%

7,284

3.71%

17,317

8.82%

630

2012

200,642

2.2%

7,463

3.72%

17,750

8.85%

639

2013

201,260

0.3%

7,558

3.76%

17,853

8.87%

637

2014

206,048

2.4%

7,698

3.74%

18,273

8.87%

647

2015

208,508

1.2%

7,810

3.75%

18,481

8.86%

650

2016

212,451

1.9%

8,054

3.79%

18,874

8.88%

658

2017

215,527

1.4%

8,272

3.84%

19,190

8.90%

663

2018

217,584

1.0%

8,466

3.89%

19,405

8.92%

666

2019

218,444

0.4%

8,560

3.92%

19,508

8.93%

665

2020

223,282

2.2%

8,817

3.95%

19,972

8.94%

674

2021

226,238

1.3%

9,067

4.01%

20,333

8.99%

681

2022

226,416

0.1%

9,247

4.08%

20,438

9.03%

679

2023

226,311

0.0%

9,380

4.14%

20,459

9.04%

676

2024

225,868

-0.2%

9,573

4.24%

20,502

9.08%

664

YEAR

MILK PRODUCTION

MILKFAT

FAT TEST

(Million Lbs)

(% Change)

(Million Lbs)

1930

100,158

1.2%

1940

109,412

1950

Sources: USDA/NASS; USDA/ERS; U.S. Census Bureau

6 NMPF/USDEC DAIRY ECONOMICS


FIGURE 1

Growth in U.S. Milk Production

Sources: USDA/NASS; USDA/ERS; U.S. Census Bureau

DAIRY DATA HIGHLIGHTS 2025

7


TABLE 2

U.S. Milk Cow Numbers, Dairy Farms and Herd Size YEAR

JAN. 1 INVENTORY

AVERAGE

FARM NUMBERS

HERD SIZE

Dairy

Milk Cows

Heifers Kept for Replacement

(1,000 head)

(#)

(per 100 Cows)

(Thousand)

1950

23,853

5,394

23

5,648

3,648

7

1955

23,462

5,786

25

4,654

2,936

8

1960

19,527

5,079

26

3,963

1,792

11

1965

16,981

4,149

24

3,356

1,108

15

1970

12,091

3,881

32

2,949

648

19

1975

11,220

4,087

36

2,521

444

25

1980

10,758

4,159

39

2,440

334

32

1985

10,777

4,770

44

2,293

269

40

1990

10,015

4,171

42

2,146

193

52

1995

9,482

4,121

43

2,196

112.0

140

85

2000

9,183

4,000

44

2,167

83.0

105

111

2015

9,312

4,710

51

2,064

43.5

N/A

214

2016

9,312

4,814

52

2,055

41.8

N/A

223

2017

9,369

4,754

51

2,042

40.2

N/A

233

2018

9,432

4,768

51

2,023

37.5

N/A

252

2019

9,353

4,674

50

2,008

34.2

N/A

273

2020

9,344

4,610

49

1,992

31.7

N/A

295

2021

9,450

4,498

48

1,960

29.8

N/A

317

2022

9,381

4,222

45

1,901

27.9

N/A

336

2023

9,398

4,074

43

1,895

26.3

N/A

357

2024

9,347

3,951

42

1,880

24.8

N/A

377

Total

Licensed

(Number)

Sources: USDA / NASS: Cattle; Milk Production; Farms and Land in Farms. *Licensed dairy herds beginning in 1995 Farm: Any establishment with at least $1,000 in annual sales of agricultural products. Dairy: Any farm having one or more milk cows on hand during the year. Discontinued by NASS after 2012. Licensed dairy: A farm with a public health license to sell milk.

8 NMPF/USDEC DAIRY ECONOMICS

All


FIGURE 2

U.S. Dairy Farms and Average Herd Size

Sources: USDA / NASS: Cattle; Milk Production; Farms and Land in Farms.

DAIRY DATA HIGHLIGHTS 2025

9


TABLE 3

Dairy Farms and Milk Production by Herd Size YEAR

NUMBER OF COWS IN HERD

1 - 49

50 - 99

100 - 199

200 - 499

500 - 999

1000 - 1999

2000+

Total

Number of Farms1 by Size Group 1980

266,341

49,793

18,046

2

2

2

2

334,180

1985

193,716

55,155

20,179

2

2

2

2

269,050

1990

126,022

47,113

20,745

2

2

2

2

193,880

1995

79,180

39,280

14,290

6,920

3

3

3

39, 303

2000

53,030

31,190

12,835

5,340

1,700

690

270

105,055

2005

37,325

23,185

10,055

4,662

1,700

850

523

78,300

2010

30,800

15,800

8,600

3,950

1,670

920

760

62,500

2012

28,500

14,500

7,900

3,800

1,570

950

780

58,000

4

2017

13,125

12,131

6,753

3,830

1,511

1,239

714

39,303

2022

6,765

6,048

4,147

3,671

1,438

1,179

834

24,082

% of U.S. Milk Production by Size Group 1980

36.4

30.4

33.2

2

2

2

2

100

1985

30.6

33.1

36.3

2

2

2

2

100

1990

24.2

31.5

44.3

2

2

2

2

100

1995

14.4

26.1

19.8

39.7

3

3

3

100

2000

9.5

19.4

17.2

18.0

13.8

11.6

10.5

100

2005

6.4

15.2

13.5

15.3

14.3

13.4

21.9

100

2010

4.6

10.6

11.3

12.6

12.7

15.5

32.7

100

2012

4.2

9.5

10.7

12.6

12.4

15.9

34.7

100

20174

3.6

7.3

8.9

12.6

12.2

14.5

41.0

100

2022

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Source: USDA / NASS; Milk Production. 1 Farms are defined as operations with at least one milk cow through 2012, and as licensed dairy herds in 2017. 2 Included in 100-199; greater detail for herd sizes above 100 cows not available prior to 1993. 3 Included in 200-499; greater detail for herd sizes above 200 cows not available prior to 1998. 4 Discontinued by NASS between quinquennial census years after 2012. 2017 from Agricultural Census and NMPF.

10 NMPF/USDEC DAIRY ECONOMICS


FIGURE 3A

Percent of U.S. Dairy Farms by Herd Size

FIGURE 3B

Percent of U.S. Milk Production by Herd Size

Source: USDA / NASS; Milk Production. DAIRY DATA HIGHLIGHTS 2025

11


TABLE 4

U.S. Production Per Cow of Milk, Milkfat and Solids-Not-Fat YEAR

MILK PRODUCTION PER COW

MILKFAT PRODUCTION PER COW

SOLIDS-NOT-FAT PRODUCTION PER COW

Lbs

% Change

Lbs

% Change

Lbs

% Change

1925

4,218

1.2%

165

1.2%

385

1.2%

1930

4,508

-1.6%

177

-1.7%

404

1.0%

1940

4,622

0.7%

183

1.1%

411

2.0%

1950

5,314

0.8%

210

0.5%

467

2.2%

1960

7,029

3.1%

263

2.7%

607

3.9%

1970

9,751

3.4%

357

3.0%

838

3.3%

1980

11,891

3.5%

434

3.4%

1,021

3.4%

1985

13,024

3.9%

478

3.9%

1,120

3.9%

1990

14,782

3.2%

539

2.1%

1,271

3.2%

1995

16,405

1.4%

600

1.4%

1,427

2.5%

2000

18,197

2.4%

670

2.8%

1,587

2.4%

2005

19,550

3.1%

716

2.9%

1,711

3.1%

2010

21,142

2.8%

774

2.5%

1,861

3.1%

2011

21,334

0.9%

791

2.2%

1,882

1.1%

2012

21,722

1.8%

808

2.1%

1,922

2.1%

2013

21,819

0.4%

820

1.5%

1,935

0.7%

2014

22,249

2.0%

832

1.5%

1,973

1.9%

2015

22,372

0.6%

839

0.8%

1,983

0.5%

2016

22,761

1.7%

863

2.9%

2,022

2.0%

2017

22,914

0.7%

880

2.0%

2,040

0.9%

2018

23,152

1.0%

901

2.4%

2,065

1.2%

2019

23,401

1.1%

917

1.8%

2,089

1.2%

2020

23,764

1.6%

939

2.4%

2,126

1.7%

2021

23,943

0.8%

960

2.2%

2,152

1.2%

2022

24,087

0.6%

983

2.4%

2,174

1.0%

2023

24,117

0.1%

998

1.5%

2,180

0.3%

2024

24,178

0.3%

1,025

2.7%

2,195

0.7%

Sources: USDA/NASS; USDA/ERS.

12 NMPF/USDEC DAIRY ECONOMICS


FIGURE 4

Growth In U.S. Milk Production Per Cow

Sources: USDA/NASS; USDA/ERS.

DAIRY DATA HIGHLIGHTS 2025

13


Structure of the Dairy Industry by State

14 NMPF/USDEC DAIRY ECONOMICS


TABLE 5

Milk Production by State STATE

MILK PRODUCTION 2000

RANK OF 2024 PRODUCTION

2010

2020

2024

Share of U.S.

156 7 4,151 153 40,385 2,816 364 90 2,133 1,395 25 12,773 1,840 3,416 4,342 2,497 1,152 235 587 1,001 242 8,333 9,102 223 1,445 289 1,168 664 294 140 7,881 12,713 866 384 5,270 959 2,399 32 10,737 20 286 1,884 850 8,828 1,927 2,521 1,719 5,902 157 26,035 120 192,877

44

27

0.0%

46

5

4,889 64 41,311 5,150 438 71 2,286 1,770

4,692 26 40,283 5,256 424 47 2,030 1,951

15 47 1 13 34 45 21 22

619 8 1,034 894 115 45 87 177

16,240 1,791 4,334 5,374 4,026 939 134 591 881 200 11,667 10,166 131 1,087 254 1,460 785 236 101 8,169 15,296 895 328 5,609 731 2,637 5 10,279 11 187 3,120 542 14,855 2,230 2,603 1,522 6,817 89 30,749 189 223,282

17,023 1,699 4,513 6,014 4,226 846 93 544 819 180 12,124 10,392 65 798 198 1,247 778 204 84 5,932 16,102 857 228 5,694 738 2,452 8 9,782 9 145 4,950 449 17,037 2,120 2,479 1,397 6,248 59 32,351 248 225,868

2.1% 0.0% 17.8% 2.3% 0.2% 0.0% 0.9% 0.9% 0.0% 7.5% 0.8% 2.0% 2.7% 1.9% 0.4% 0.0% 0.2% 0.4% 0.1% 5.4% 4.6% 0.0% 0.4% 0.1% 0.6% 0.3% 0.1% 0.0% 2.6% 7.1% 0.4% 0.1% 2.5% 0.3% 1.1% 0.0% 4.3% 0.0% 0.1% 2.2% 0.2% 7.5% 0.9% 1.1% 0.6% 2.8% 0.0% 14.3% 0.1% 100.0%

4 23 16 10 17 27 41 32 28 39 6 7 43 29 38 25 30 37 42 11 5 26 36 12 31 19 49 8 48 40 14 33 3 20 18 24 9 44 2 35

8,664 135 658 1,875 1,437 187 20 390 133 26 1,208 1,811 22 129 175 630 244 146 9 2,806 823 79 291 483 182 579 4 755 8 27 5,384 63 559 620 3,829 160 800 33 5,473 425 674

(Million Pounds) Alabama Alaska¹ Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii¹ Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Other States¹ Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming United States

348 13 3,033 485 32,245 1,924 480 146 2,463 1,433 116 7,223 2,094 2,419 3,934 1,540 1,695 698 668 1,351 376 5,705 9,493 541 2,258 338 1,255 476 312 244 5,236 11,921 1,189 686 4,461 1,314 1,640 129 11,156 28 370 1,474 1,405 5,743 1,687 2,683 1,900 5,593 265 23,259 76 167,393

Rank

(Percent)

Per Capita (Pounds)

Sources: Milk Production Disposition and Income; Bureau of Census. ¹ Alaska and Hawaii combined into ”Other States” beginning in 2019.

DAIRY DATA HIGHLIGHTS 2025

15


FIGURE 5

Regional Milk Production U.S. Milk Production, 2024

U.S. Milk Production, 1980 AK & HI 0.13%

AK & HI 0.003%

Northeast 20%

Northeast 14%

Midwest 24%

Midwest 30%

Southeast 3%

Southeast 10%

California 18% Wisconsin 14%

California 11%

Wisconsin 18% Southwest 4%

16 NMPF/USDEC DAIRY ECONOMICS

West 7%

Southwest 12%

West 15%


TABLE 6

Cow Numbers, Licensed Dairy Herds and Herd Size, by State STATE

COWS 2013

RANK OF 2024

LICENSED DAIRY HERDS

AVERAGE HERD SIZE

2024

2013

2024

2013

2024

2.3

40 2 100 75 1,485 120 130 40 130 230

10

200 150 1,960 93 1,199 1,200 146 120 946 352

230

26

2,743 105 1,717 2,137 206 173 2,200 1,063

1 43 7 5 29 35 4 11

1,917 188 277 345 1,106 124 136 171 134 90 518 263 183 146 243 625 1,550 119 98 2,526 219 362 380 181 615 836 56 96

6 32 21 20 10 41 39 36 40 46 17 23 33 38 24 15 9 42 44 2 28 19 18 34 16 13 47 45

267 1,578 200 2,266 700 233 189 925 160 230

22 8 30 3 14 25 31 12 37 27

AVERAGE HERD SIZE

1,000 Head Alabama Alaska¹ Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia

8.0 0.3 196 7.0 1,780 144 19 4.8 123 81

Hawaii¹ Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Other States¹ Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming United States

2.2 575 94 178 207 141 63 15 30 50 13 390 460 13 90 14 54 29 14 7.0 323 615 46 16 267 40 124 530 0.9 16 97 46 463 95 132 93 273 9.0 1,271 6.0 9,261

192 2.1 1,708 203 18 2.6 99 85 671 78 190 243 177 42 7.5 24 39 9.0 438 444 5.5 57 8.5 50 31 10 3.9 240 630 38 10 253 40 117 0.9 465 0.5 8.0 213 24 657 91 114 67 259 4.0 1,269 9.0 9,342

2 530 690 1,265 1,370 315 720 120 280 450 150 1,950 3,605 85 1,230 70 190 20 120 70 150 4,950 250 100 2,810 170 250 6,810 15 80 255 370 440 210 880 630 480 75 10,290 10 44,809

70 20 995 95 85 15 45 80 350 415 685 705 160 340 55 140 290 100 845 1,690 30 390 35 80 20 80 40 95 2,880 105 25 1,395 65 140 16 4,850 30 135 120 290 130 490 355 280 25 5,520

Source: USDA/NASS: Milk Production.

17¹ Alaska NMPF/USDEC DAIRYcombined ECONOMICS and Hawaii into ”Other States” beginning in 2019.

24,811

1,100 1,085 136 141 151 448 88 125 107 111 87 200 128 153 73 200 284 1,450 117 100 2,153 124 184 160 95 235 496 78 60 200 380 124 1,052 452 150 148 569 120 124 600 207

377


TABLE 7

Milk and Milkfat Production by State STATE

ANNUAL MILK PER COW 1990

MILKFAT

RANK OF 2024

PER COW

MILK PER COW

2000

2010

2020

2024

12,214 14,000 17,500 11,841 18,456 17,182 15,606 13,667 14,033 12,973 13,604 16,475 14,707 14,590 15,118 12,576 10,947 11,605 14,619 13,461 14,871 15,394 14,127 12,081 13,632 13,542 13,866 16,400 15,100 13,538 18,815 14,658 15,220 12,624 13,767 12,327 16,273

13,920 14,500 21,820 12,436 21,130 21,618 17,778 14,747 15,688 16,284 14,358 20,816 17,450 16,568 18,298 16,923 12,841 12,034 17,128 16,083 17,091 19,017 17,777 15,028 14,662 17,789 16,513 19,000 17,333 15,250 20,944 17,378 16,746 14,292 17,027 14,440 18,222

14,182 11,833 23,452 12,750 23,025 23,664 19,158 16,981 18,711 17,658 13,316 22,647 18,400 20,094 20,676 20,983 14,769 11,750 18,344 18,537 17,286 23,277 19,366 13,118 14,596 20,643 19,797 23,714 19,600 17,500 24,551 20,807 19,682 18,286 19,446 17,125 20,331

14,667

11,739

455

48

24,445 12,800 23,990 26,142 23,053 18,553 20,230 21,852

24,438 12,381 23,585 25,892 24,229 18,154 20,505 22,953

995 482 991 1,038 1,020 764 804 914

12 46 18 4 13 40 35 23

14,726 14,250 12,771 12,257 11,825 14,350 15,838 14,528 14,213 18,532 11,250 13,973 12,337 14,782

18,081 15,667 16,087 15,516 14,789 16,503 17,573 17,199 15,833 22,644 15,588 17,306 13,571 18,197

19,847 17,727 17,875 20,478 16,346 21,375 21,898 18,537 18,095 23,514 15,700 20,630 20,067 21,142

25,178 21,321 23,554 24,651 23,682 19,563 13,400 21,889 20,976 20,000 27,070 22,692 16,375 14,303 21,167 24,746 23,788 21,455 20,200 24,755 24,435 21,829 21,867 21,996 17,829 20,929 5,333 21,326 21,800 18,700 22,941 18,067 24,966 23,229 21,336 20,293 24,346 14,833 24,423 25,173 23,764

25,370 21,782 23,753 24,749 23,876 20,143 12,400 22,667 21,000 20,000 27,680 23,405 11,818 14,000 23,294 24,940 25,097 21,474 21,538 24,717 25,559 22,553 24,000 22,506 18,450 20,957 8,778 21,037 17,200 18,125 23,239 18,708 25,932 23,297 21,746 20,851 24,124 14,750 25,493 27,578 24,178

1,096 917 976 1,099 1,029 826 471 945 884 844 1,151 1,051 451 581 955 1,080 1,052 908 851 999 1,079 918 1,082 925 804 920 330 871 774 770 1,081 763 1,136 967 929 851 1,037 612 1,076 1,114 1,025

7 27 17 10 16 36 45 24 32 37 1 19 47 44 21 9 8 30 29 11 5 25 15 26 39 33 49 31 42 41 22 38 3 20 28 34 14 43 6 2

(Lbs) Alabama Alaska¹ Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii¹ Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Other States¹ Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming United States

Source: USDA/NASS: Milk Production, Disposition, and Income. ¹ Alaska and Hawaii combined into ”Other States” beginning in 2019.

DAIRY DATA HIGHLIGHTS 2025

18


TABLE 8

Importance of the Dairy Sector by State, 2024 STATE

FARM RECEIPTS Total

California Wisconsin Idaho Texas New York Michigan Pennsylvania Minnesota Washington New Mexico Iowa Ohio Colorado Arizona Indiana South Dakota Kansas Oregon Vermont Georgia Florida Utah Illinois Virginia Nebraska Kentucky Missouri North Carolina Maryland Oklahoma Nevada Maine Tennessee Connecticut North Dakota Wyoming New Hampshire Montana Massachusetts South Carolina Louisiana Mississippi New Jersey West Virginia Delaware Arkansas Alabama Rhode Island Hawaii Alaska United States

DAIRY SHARE

RANK OF

OF TOTAL

DAIRY

FIRST IN INCOME

RECEIPTS

Dairy

(Thousand Dollars)

(Percent)

$61,217,039 $15,319,004 $30,283,096 $11,794,206 $7,324,516 $10,856,100 $22,205,967 $9,092,844 $12,636,635 $13,210,978 $37,586,276 $4,186,374 $9,606,808 $13,111,113 $15,232,621 $5,299,972 $23,868,182 $7,093,781 $991,662 $9,208,184 $12,639,422 $2,581,645 $22,451,173 $4,552,075 $31,970,233 $3,130,898 $14,766,439 $7,919,510 $9,739,509 $13,641,990 $1,046,327 $901,024 $5,219,836 $733,092 $2,044,596 $11,120,303 $262,428 $4,951,708 $541,668 $3,381,313 $4,309,445 $1,621,144 $7,168,163 $978,739 $2,080,754 $7,821,557 $12,694,846 $110,223 $724,479 $52,568 $511,282,472

14.1% 45.5% 13.0% 32.8% 51.7% 25.2% 10.4% 24.9% 11.6% 10.0% 3.5% 29.9% 12.4% 8.6% 6.9% 20.0% 3.8% 8.3% 59.3% 5.8% 4.1% 18.3% 1.7% 8.0% 0.9% 6.2% 1.3% 2.4% 1.9% 1.4% 16.3% 13.7% 1.9% 13.5% 2.8% 0.5% 18.2% 0.9% 7.7% 1.1% 0.5% 1.1% 0.2% 1.3% 0.5% 0.1% 0.05% 1.9% 0.3% 1.3% 9.9%

$8,614,570 $6,966,134 $3,946,552 $3,872,580 $3,784,024 $2,732,340 $2,306,080 $2,259,634 $1,465,460 $1,319,479 $1,313,124 $1,250,800 $1,193,580 $1,127,004 $1,057,988 $1,057,906 $914,004 $591,219 $588,418 $532,575 $516,838 $471,520 $376,647 $363,132 $285,660 $194,640 $194,028 $192,360 $186,660 $185,640 $170,060 $123,120 $101,447 $99,120 $56,741 $51,968 $47,874 $43,618 $41,772 $35,642 $20,610 $17,876 $15,309 $12,312 $11,344 $6,448 $5,807 $2,074 $2,054 $660 $50,726,452

(Thousand Dollars) 1 1 2 1 1 1 5 1 3 4 6 2 2 4 5 2 5 3 1 6 7 3 6 4 7 5 13 11 7 13 2 3 9 3 5 16 3 14 5 12 14 12 16 10 8 17 19 6 9 7 3

Milk and dairy products Milk and dairy products Cattle and calves Milk and dairy products Milk and dairy products Milk and dairy products Corn Milk and dairy products Cattle and calves Soybeans Corn Cattle and calves Cattle and calves Cattle and calves Corn Cattle and calves Cattle and calves Miscellaneous crops Milk and dairy products Miscellaneous crops Broilers Cattle and calves Corn Broilers Cattle and calves Broilers Broilers Cattle and calves Cattle and calves Cattle and calves Cattle and calves Potatoes Broilers Miscellaneous crops Cattle and calves Soybeans Chicken eggs Cattle and calves Miscellaneous crops Broilers Sugarcane Miscellaneous crops Broilers Cattle and calves Broilers Broilers Broilers Miscellaneous crops Miscellaneous crops Miscellaneous crops Cattle and calves

$8,614,570 $6,966,134 $13,628,383 $3,872,580 $3,784,024 $2,732,340 $5,854,728 $2,259,634 $2,487,644 $2,983,951 $11,056,992 $1,890,332 $5,347,154 $3,879,349 $4,338,098 $1,502,702 $14,784,251 $2,179,284 $588,418 $1,772,030 $6,092,914 $825,908 $9,638,417 $1,254,235 $17,796,436 $1,457,719 $6,029,599 $1,513,628 $5,242,017 $3,296,291 $563,560 $218,109 $1,282,135 $306,598 $1,460,196 $2,386,914 $68,216 $2,089,836 $236,380 $1,307,580 $1,006,995 $739,889 $3,338,849 $303,368 $1,605,775 $4,781,093 $5,625,607 $69,958 $357,926 $19,469 $112,093,129

Sources: USDA/ERS: Farm Income and Wealth Statistics DAIRY DATA HIGHLIGHTS 2025

19


Producer, Wholesale and Retail Prices of Milk and Dairy Products

20 NMPF/USDEC DAIRY ECONOMICS


TABLE 9

Farm Level Milk Prices by State STATE

1990

Alabama Alaska¹ Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii¹ Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Other States¹ Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming United States

$15.90 $20.30 $14.10 $15.00 $12.02 $14.50 $14.70 $14.90 $16.70 $15.80 $20.70 $12.20 $12.90 $14.10 $13.30 $13.30 $14.30 $15.40 $15.20 $14.90 $14.80 $14.10 $13.22 $15.10 $13.60 $13.70 $13.10 $13.20 $14.80 $15.30 $13.40 $14.60 $15.80 $12.50 $13.90 $14.30 $13.20 $15.00 $14.80 $16.10 $13.00 $14.70 $14.70 $12.90 $14.40 $15.00 $13.30 $14.30 $13.47 $12.80 $13.74

2000

% CHANGE

2024 CASH

FROM 2023

RECEIPTS

2010

2020

2023

2024

(Percent)

(Thousand Dollars)

$14.20 $20.30 $11.90 $13.60 $11.50 $11.80 $14.10 $13.50 $15.60 $12.90 $24.50 $10.60 $12.30 $12.90 $11.70 $11.60 $13.80 $13.90 $14.10 $13.50 $14.10 $12.90 $12.00 $13.90 $12.10 $12.80 $11.70 $11.00 $14.00 $13.20 $12.40 $13.10 $14.90 $11.30 $12.60 $13.60 $12.80

$19.50 $24.40 $15.90 $17.10 $14.69 $16.40 $18.00 $18.40 $20.70 $18.40 $35.00 $14.90 $17.10 $17.30 $16.50 $17.30 $17.90 $18.00 $18.60 $18.40 $18.00 $17.00 $16.10 $18.40 $16.60 $16.90 $17.30 $16.90 $17.80 $16.80 $15.80 $17.40 $19.30 $15.90 $17.80 $18.00 $17.30

$18.30

$23.30

$24.80

6%

$6,448

$16.20 $17.80 $17.60 $17.40 $18.00 $17.10 $21.30 $19.80

$20.10 $22.20 $19.90 $20.90 $21.90 $22.30 $24.80 $24.20

$22.60 $23.70 $21.40 $22.80 $23.60 $24.50 $26.30 $26.60

12% 7% 8% 9% 8% 10% 6% 10%

$1,057,906 $5,807 $8,614,570 $1,193,580 $99,120 $11,344 $532,575 $516,838

$13.70 $14.20 $14.10 $12.80 $13.80 $13.40 $11.20 $13.80 $14.80 $12.80 $13.30 $11.70 $11.00 $12.40

$18.30 $18.00 $19.90 $16.50 $17.90 $17.10 $16.20 $17.70 $19.40 $16.10 $16.90 $16.10 $16.50 $16.35

$18.40 $18.00 $17.40 $19.50 $17.10 $18.70 $18.70 $19.40 $17.40 $18.30 $16.40 $20.10 $19.00 $17.90 $18.60 $18.20 $18.50 $18.00 $17.20 $16.30 $17.70 $18.80 $19.90 $18.30 $19.00 $21.20 $26.50 $18.20 $17.50 $19.30 $20.60 $18.80 $18.60 $18.20 $18.30 $19.70 $17.50 $17.50 $18.90 $16.90 $18.16

$20.60 $20.50 $21.30 $18.90 $19.10 $21.60 $21.90 $21.50 $21.90 $21.60 $20.00 $19.30 $22.20 $21.80 $21.20 $20.00 $20.80 $21.80 $20.40 $18.60 $21.80 $21.70 $19.40 $21.40 $23.40 $23.40 $36.60 $21.40 $22.30 $23.50 $20.30 $21.80 $20.30 $20.30 $21.90 $24.10 $21.40 $20.20 $19.30 $20.50 $20.38

$22.80 $22.30 $23.60 $21.90 $21.70 $22.90 $22.90 $22.80 $24.00 $23.60 $22.60 $22.40 $24.30 $23.80 $22.60 $23.00 $22.00 $23.70 $21.80 $21.20 $23.60 $22.80 $23.20 $23.30 $25.50 $24.30 $36.70 $23.30 $24.40 $25.10 $22.80 $22.90 $23.20 $22.40 $23.90 $26.20 $23.50 $21.60 $21.70 $23.00 $22.56

11% 9% 11% 16% 14% 6% 5% 6% 10% 9% 13% 16% 9% 9% 7% 15% 6% 9% 7% 14% 8% 5% 20% 9% 9% 4% 0% 9% 9% 7% 12% 5% 14% 10% 9% 9% 10% 7% 12% 12% 11%

$3,872,580 $376,647 $1,057,988 $1,313,124 $914,004 $192,360 $20,610 $123,120 $194,640 $41,772 $2,732,340 $2,306,080 $15,309 $185,640 $43,618 $285,660 $170,060 $47,874 $17,876 $1,250,800 $3,784,024 $194,028 $51,968 $1,319,479 $186,660 $591,219 $2,714 $2,259,634 $2,074 $35,642 $1,127,004 $101,447 $3,946,552 $471,520 $588,418 $363,132 $1,465,460 $12,312 $6,966,134 $56,741 $50,726,452

(Dollars per Cwt.)

Source: USDA/NASS: Milk Production, Disposition, and Income. ¹ Milk prices for Alaska and Hawaii combined into “Other States” beginning in 2019. DAIRY DATA HIGHLIGHTS 2025

21


TABLE 10

Selected Farm Level Annual Average Milk Prices YEAR

CLASS III PRICE @

CLASS IV PRICE

MANUFACTURING

ALL-MILK

% CHANGE IN

3.5%

@ 3.5%

GRADE MILK

WHOLESALE

ALL-MILK PRICE

(Dollars Per Cwt.)

1965

$3.27

n/a

$3.34

$4.23

1.9%

1970

$4.66

n/a

$4.70

$5.71

4.0%

1975

$7.62

n/a

$7.63

$8.75

4.9%

1980

$11.88

n/a

$12.01

$13.05

8.4%

1985

$11.50

n/a

$11.72

$12.76

-2.2%

1990

$12.21

n/a

$12.34

$13.74

1.3%

1995

$11.83

n/a

$11.79

$12.78

-1.8%

2000

$9.74

$11.83

$10.52

$12.30

-14.6%

2005

$14.05

$12.88

$14.42

$15.10

-6.2%

2010

$14.41

$15.09

$14.56

$16.30

27.3%

2011

$18.37

$19.04

n/a

$20.10

23.3%

2012

$17.44

$16.01

n/a

$18.50

-8.0%

2013

$17.99

$19.05

n/a

$20.10

8.6%

2014

$22.34

$22.09

n/a

$24.00

19.4%

2015

$15.80

$14.34

n/a

$17.10

-28.8%

2016

$14.87

$13.77

n/a

$16.30

-4.7%

2017

$16.17

$15.16

n/a

$17.70

8.6%

2018

$14.62

$14.24

n/a

$16.30

-7.9%

2019

$16.97

$16.30

n/a

$18.70

14.7%

2020

$18.17

$13.48

n/a

$18.10

-3.2%

2021

$17.09

$16.10

n/a

$18.50

2.2%

2022

$21.96

$24.47

n/a

$25.30

36.8%

2023

$17.01

$19.12

n/a

$20.30

-19.8%

2024

$18.90

$20.75

n/a

$22.60

11.3%

Sources: USDA/AMS; USDA/NASS: Milk Production, Disposition, and Income. Note: Class III and Class IV price at 3.5% milkfat; all others at test. NASS discontinued reporting manufacturing grade and fluid grade milk prices in 2011.

22 NMPF/USDEC DAIRY ECONOMICS


FIGURE 6

All-Milk Price and Class III Price

Sources: USDA/AMS; USDA/NASS: Milk Production, Disposition, and Income.

DAIRY DATA HIGHLIGHTS 2025

23


TABLE 11

Monthly Seasonality of U.S. All-Milk Price and Milk Production MONTH

2018

2019

2020

2021

2022

2023

2024

U.S. All-Milk Price, Dollars Per Cwt. at Average Test Jan

$16.20

$16.60

$19.50

$17.10

$23.90

$22.90

$19.90

Feb

$15.30

$16.80

$18.80

$16.70

$24.50

$21.40

$20.40

Mar

$15.60

$17.60

$17.80

$17.30

$25.60

$21.00

$20.60

Apr

$15.80

$17.70

$14.30

$18.30

$27.00

$20.60

$20.40

May

$16.20

$18.00

$13.60

$19.10

$27.20

$19.10

$22.00

Jun

$16.30

$18.10

$18.10

$18.20

$26.70

$17.80

$22.80

Jul

$15.50

$18.70

$20.50

$17.80

$25.50

$17.30

$22.80

Aug

$16.10

$18.90

$18.50

$17.60

$24.10

$19.60

$23.60

Sep

$16.90

$19.30

$17.60

$18.30

$24.10

$20.90

$25.50

Oct

$17.50

$20.20

$19.80

$19.60

$25.60

$21.50

$25.10

Nov

$17.20

$21.20

$21.00

$20.70

$25.40

$21.60

$24.20

Dec

$16.60

$20.70

$18.10

$21.70

$24.50

$20.40

$23.30

All Year

$16.30

$18.70

$18.10

$18.50

$25.30

$20.30

$22.60

U.S. Milk Production, Million Pounds Jan

18,431

18,613

18,876

19,361

19,055

19,318

19,083

Feb

16,976

16,968

17,900

17,693

17,523

17,723

18,185

Mar

18,988

18,842

19,394

19,800

19,711

19,815

19,675

Apr

18,425

18,433

18,666

19,352

19,143

19,207

19,082

May

19,122

19,062

18,980

19,851

19,751

19,856

19,624

Jun

18,280

18,227

18,396

18,933

18,917

18,949

18,627

Jul

18,331

18,379

18,738

19,097

19,184

18,977

18,918

Aug

18,247

18,283

18,629

18,716

18,998

18,817

18,906

Sep

17,396

17,599

18,032

18,020

18,236

18,171

18,261

Oct

17,872

18,138

18,601

18,624

18,812

18,633

18,775

Nov

17,330

17,499

18,107

18,017

18,191

18,042

17,988

Dec

18,170

18,401

18,963

18,774

18,895

18,803

18,744

All Year

217,568

218,444

223,282

226,238

226,416

226,311

225,868

Source: USDA/NASS: Prices Received and Milk Production.

24 NMPF/USDEC DAIRY ECONOMICS


FIGURE 7

660

$27.00

650

$25.00

640

$23.00

630

$21.00

620

$19.00

610

$17.00

600

$15.00

590

Jan

Feb

Mar

Apr

May

Jun

Jul

Average Daily Milk Production

Aug

Sep

Oct

Nov

Dec

Dollars Per Cwt.

Million Pounds Per Day

Seasonality of Milk Supply and Price

$13.00

U.S. All-Milk Price

Source: USDA/NASS: Prices Received and Milk Production.

DAIRY DATA HIGHLIGHTS 2025

25


TABLE 12

Annual Wholesale Prices of Dairy Products YEAR

CME GRADE AA BUTTER1

NCE/CME2/CHEDDAR CHEESE

NONFAT DRY MILK

Barrels

West (Low/Med)

Central³ (Low/Med)

40 Lb Blocks

(Annual Average, Cents per Pound)

1975

79.4

82.6

86.6

n/a

62.9

1980

139.3

127.0

133.0

n/a

88.6

1985

141.1

117.8

121.8

n/a

84.1

1990

102.1

127.9

131.5

n/a

100.6

1995

75.6

126.3

130.4

105.5

108.6

2000

117.7

111.1

114.7

100.6

101.5

2010

172.8

147.5

149.6

119.1

125.0

2011

196.2

178.7

180.6

150.9

155.3

2012

160.3

166.0

169.8

134.2

137.9

2013

155.6

171.7

176.4

172.4

174.1

2014

216.4

207.5

210.9

171.9

174.1

2015

208.9

157.6

161.0

90.3

94.3

2016

208.2

155.6

158.0

84.2

85.4

2017

232.8

153.4

161.1

87.1

87.6

2018

225.0

142.0

154.6

80.5

80.9

2019

223.0

168.9

177.8

105.6

106.1

2020

157.8

171.9

199.8

105.6

105.4

2021

174.5

156.9

171.4

130.9

131.2

2022

286.0

205.3

207.4

169.0

169.9

2023

259.4

162.1

174.0

118.1

117.5

2024

286.5

182.9

179.5

124.5

124.7

Source: USDA / AMS: Dairy Market Statistics ¹ Grade A butter price is reported before 1998. Grade A butter trading ended July 1, 1998. ² Cheese prices: National Cheese Exchange through April 1997, then CME. CME Grade A beginning 2004. 3 Central (low/medium) June 1998 - 2001; Central/East (low/medium) 2002 - 2004; CME Grade A beginning 2004.

26 NMPF/USDEC DAIRY ECONOMICS


TABLE 13

Monthly Prices of Dairy Products on Chicago Mercantile Exchange MONTH

GRADE AA BUTTER

2023

40# BLOCK CHEDDAR

2024

Year-Over-Year Change

2023

Year-Over-Year

2024

Change

(Monthly Average, Cents per Pound)

(Percentage)

(Monthly Average, Cents per Pound)

(Percentage)

Jan

235.5

262.6

11.5%

200.2

151.7

-24.2%

Feb

240.2

276.5

15.1%

189.0

157.7

-16.5%

Mar

236.9

282.2

19.1%

193.7

145.4

-25.0%

Apr

236.6

294.1

24.3%

175.7

160.6

-8.6%

May

242.9

305.0

25.6%

157.2

187.5

19.3%

Jun

239.0

309.5

29.5%

140.4

189.4

34.9%

Jul

256.0

311.0

21.5%

162.1

191.3

18.0%

Aug

267.6

314.3

17.5%

197.5

203.0

2.8%

Sep

288.3

302.6

5.0%

185.5

223.3

20.4%

Oct

338.1

267.4

-20.9%

172.2

192.9

12.0%

Nov

271.9

260.0

-4.4%

162.8

171.8

5.6%

Dec

259.5

253.4

-2.3%

151.1

179.5

18.8%

Source: USDA / AMS: Dairy Market Statistics

DAIRY DATA HIGHLIGHTS 2025

27


TABLE 14

Annual Retail Prices for Selected Dairy Products YEAR

WHOLE MILK

($ per Gallon)

CHEDDAR CHEESE

FARM PRICE AS BUTTER

ICE CREAM

PERCENT OF RETAIL1

($ per Lb)

($ per Lb)

($ per Half Gallon)

(Percent)

1945

$0.36

$0.51

1950

$0.52

$0.73

1955

$0.58

$0.71

1960

$0.69

$0.75

$0.87

1965

$0.75

$0.75

$0.79

1970

$1.01

$0.87

$0.85

1975

$1.54

$1.03

$1.22

1980

$2.23

$1.88

$1.82

52%

1985

$3.09

$2.12

$2.30

44%

1990

n/a

$1.99

$2.60

39%

1995

$3.39

$1.61

$2.65

33%

2000

$2.78

$3.83

$2.52

$3.45

30%

2005

$3.19

$4.38

$3.28

$3.74

31%

2010

$3.26

$4.71

$3.13

$4.47

32%

2015

$3.42

$5.38

$3.86

$4.74

28%

2016

$3.20

$5.23

$3.91

$4.76

27%

2017

$3.23

$4.89

$4.03

$4.69

30%

2018

$2.90

$5.14

$4.07

$4.74

28%

2019

$3.04

$5.31

$3.98

$4.81

31%

2020

$3.32

$5.50

$3.62

$4.92

29%

2021

$3.55

$5.44

$3.58

$4.89

29%

2022

$4.09

$5.76

$4.39

$5.43

36%

2023

$4.03

$5.82

$4.56

$5.90

28%

2024

$3.98

$5.66

$4.74

$6.13

31%

Sources: U.S. Bureau of Labor Statistics, U.S. Department of Labor. ¹ Source: USDA / ERS Agricultural Outlook; all dairy. Beginning 2011, NMPF estimate.

28 NMPF/USDEC DAIRY ECONOMICS


FIGURE 8

Farm Value of Milk as Percent of Retail Value 40%

35%

30%

25%

2000

2005

2010

2015

2020

Sources: Bureau of Labor Statistics, Department of Labor.

DAIRY DATA HIGHLIGHTS 2025

29


Cost of Milk Production Indicators

30 NMPF/USDEC DAIRY ECONOMICS


TABLE 15

Milk Production Costs and Returns by Herd Size1 SIZE OF OPERATION

1-99 cows

100-199 cows

200-499 cows

500-999 cows

1,0001,999 cows

2,000 or more cows

All Sizes

(Dollars per Cwt.) Gross value of production Milk sold Cattle Other income² Total, gross value of production Operating costs Purchased feed Homegrown harvested feed Grazed feed Total, feed costs Other Operating Costs Veterinary and Medicine Bedding and litter Marketing Custom services Fuel, lube, and electricity Repairs Other operating costs³ Interest on operating capital Total, operating costs Allocated Overhead Hired labor Opportunity cost of unpaid labor Capital recovery of machinery and equipment⁴ Opportunity cost of land Taxes and insurance General farm overhead Total, allocated overhead Total, costs listed

$24.41 $2.65 $0.82 $27.88

$23.09 $2.02 $0.71 $25.82

$22.27 $1.79 $0.60 $24.66

$23.05 $2.04 $0.61 $25.70

$22.50 $2.13 $0.59 $25.21

$21.72 $1.71 $0.65 $24.07

$22.44 $1.94 $0.64 $25.02

$4.51 $7.71 $0.19 $12.41

$4.85 $5.73 $0.09 $10.68

$5.00 $5.46 $0.03 $10.48

$6.30 $4.16 $0.04 $10.50

$6.81 $3.05 $0.01 $9.87

$7.59 $2.33 $0.00 $9.92

$6.49 $3.80 $0.03 $10.32

$0.84 $0.36 $0.07 $0.82 $1.22 $1.27 $0.06 $0.41 $17.44

$0.83 $0.37 $0.12 $0.98 $1.07 $1.08 $0.02 $0.36 $15.50

$1.01 $0.36 $0.16 $0.75 $1.00 $1.03 $0.00 $0.35 $15.14

$0.87 $0.30 $0.22 $0.98 $0.83 $0.81 $0.00 $0.35 $14.86

$0.67 $0.14 $0.22 $1.01 $0.64 $0.90 $0.00 $0.32 $13.77

$0.67 $0.12 $0.24 $0.80 $0.50 $0.55 $0.00 $0.30 $13.11

$0.76 $0.22 $0.20 $0.87 $0.73 $0.81 $0.01 $0.33 $14.26

$0.77 $10.90

$1.46 $4.20

$2.59 $1.46

$2.72 $0.62

$2.58 $0.29

$2.34 $0.09

$2.27 $1.58

$9.37

$7.38

$7.29

$4.21

$3.94

$2.77

$4.65

$0.12 $0.44 $1.08 $22.67 $29.76

$0.07 $0.32 $0.83 $14.26 $29.76

$0.05 $0.32 $0.61 $12.32 $27.46

$0.02 $0.35 $0.59 $8.50 $23.36

$0.01 $0.22 $0.51 $7.55 $21.32

$0.00 $0.14 $0.46 $5.81 $18.92

$0.03 $0.24 $0.58 $9.35 $23.61

Value of production less total costs listed

-$12.24

-$3.95

-$2.81

$2.33

$3.89

$5.16

$1.41

Value of production less operating costs

$10.43

$10.31

$9.52

$10.83

$11.44

$10.96

$10.76

Supporting Information Milk cows (head per farm) Output per cow (pounds)

60 17,086

136 19,991

304 23,479

680 24,596

1,411 24,895

4,011 22,978

283 22,653

Source: USDA / ERS. ¹ Developed from survey base year, 2016. ² Income from renting or leasing dairy stock to other operations; renting space to other dairy operations; co-op patronage dividends associated with the dairy; assessment rebates, refunds, and other dairy-related resources; and the fertilizer value of manure production. ³ Costs for third party organic certification ⁴ Machinery and equipment, housing, manure handling, feed storage structures, and the dairy breeding herd.

DAIRY DATA HIGHLIGHTS 2025

31


FIGURE 9

Share of Cash Expenses by Size of Operation 100-199 Cows

1-99 Cows Total Feed 67%

Total Feed 62%

Veterinary and Medicine 5%

Veterinary and Medicine 4%

Fuel, Lube & Electricity 6%

Fuel, Lube & Electricity 6%

Hired Labor 4%

Other Operating Costs 12%

Repairs 7%

Repairs 6% Other Operating Costs 13%

Hired Labor 8%

200-499 Cows

500-999 Cows

Total Feed 58%

Total Feed 59% Veterinary and Medicine 6%

Veterinary and Medicine 5% Fuel, Lube & Electricity 5%

Fuel, Lube & Electricity 5%

Repairs 4%

Repairs 6%

Hired Labor 14%

Other Operating Costs 11%

Hired Labor 15%

Other Operating Costs 12%

2,000+ Cows

1,000-1,999 Cows Total Feed 64%

Total Feed 60% Veterinary and Medicine 4%

Veterinary and Medicine 4%

Fuel, Lube & Electricity 4%

Fuel, Lube & Electricity 3% Repairs 4%

Repairs 5%

Hired Labor 16%

Other Operating Costs 11%

Hired Labor 15%

Source: USDA / ERS. Does not show allocated overhead costs, except hired labor.

32 NMPF/USDEC DAIRY ECONOMICS

Other Operating Costs 10%


TABLE 16

U.S. Milk Production Costs and Returns 2019

2020

2021

2022

2023

2024

(Dollars per Cwt.) Gross value of production Milk sold Cattle Other income¹ Total, gross value of production

$19.26 $1.23 $0.53 $21.02

$18.87 $1.27 $0.51 $20.65

$18.44 $1.06 $0.55 $20.05

$25.18 $1.26 $0.90 $27.35

$25.18 $1.26 $0.90 $27.35

$20.24 $1.54 $0.73 $22.50

Operating costs Purchased feed Homegrown harvested feed Grazed feed Total, feed costs

$7.20 $3.33 $0.07 $10.60

$6.93 $3.11 $0.07 $10.10

$7.99 $3.91 $0.03 $11.93

$9.92 $4.82 $0.03 $14.77

$9.92 $4.82 $0.03 $14.77

$8.79 $4.74 $0.03 $13.56

Other Operating Costs Veterinary and Medicine Bedding and litter Marketing Custom services Fuel, lube, and electricity Repairs Other operating costs² Interest on operating capital Total, operating costs

$0.78 $0.20 $0.19 $0.67 $0.69 $0.66 $0.00 $0.14 $13.93

$0.78 $0.20 $0.18 $0.67 $0.58 $0.67 $0.00 $0.03 $13.21

$0.62 $0.18 $0.16 $0.71 $0.63 $0.70 $0.01 $0.00 $14.95

$0.70 $0.20 $0.18 $0.80 $0.91 $0.77 $0.01 $0.22 $18.57

$0.70 $0.20 $0.18 $0.80 $0.91 $0.77 $0.01 $0.22 $18.57

$0.74 $0.21 $0.19 $0.84 $0.79 $0.80 $0.01 $0.43 $17.57

Allocated Overhead Hired labor Opportunity cost of unpaid labor Capital recovery of machinery and equipment³ Opportunity cost of land Taxes and insurance General farm overhead Total, allocated overhead

$2.10 $1.88 $4.10 $0.02 $0.18 $0.57 $8.86

$2.20 $1.92 $4.13 $0.02 $0.18 $0.58 $9.02

$1.94 $1.34 $4.00 $0.02 $0.20 $0.50 $8.01

$2.11 $1.43 $4.43 $0.02 $0.22 $0.56 $8.77

$2.11 $1.43 $4.43 $0.02 $0.22 $0.56 $8.77

$2.23 $1.50 $4.59 $0.03 $0.24 $0.58 $9.16

Total, costs listed

$22.79

$22.24

$22.96

$27.34

$27.34

$26.73

Value of production less total costs listed Value of production less operating costs

-$3.20 $5.37

-$1.77 $7.09

-$1.59 $7.44

-$2.91 $5.10

$0.01 $8.78

-$4.23 $4.93

Supporting information: Milk cows (head per farm) Output per cow (pounds)

245 21,698

245 21,698

283 22,653

283 22,653

283 22,653

283 22,653

Source: USDA / ERS. ¹ Income from renting or leasing dairy stock to other operations; renting space to other dairy operations; co-op patronage dividends associated with the dairy; assessment rebates, refunds, and other dairy-related resources; and the fertilizer value of manure production. ² Costs for third party organic certification ³ Machinery and equipment, housing, manure handling, feed storage structures, and the dairy breeding herd.

DAIRY DATA HIGHLIGHTS 2025

33


TABLE 17

Monthly Milk-Feed Price Ratio1 YEAR

JAN

FEB

MAR

APR

MAY

JUN

JULY

AUG

SEP

OCT

NOV

DEC

AVG

2000 2005 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

3.07 3.49 2.33 2.00 1.71 1.58 2.46 2.10 2.18 2.71 2.20 2.06 2.42 2.00 2.13 1.71 1.96

2.94 3.48 2.34 2.00 1.55 1.52 2.58 2.06 2.18 2.61 2.03 2.07 2.35 1.80 2.04 1.57 2.11

2.88 3.33 2.18 2.10 1.48 1.48 2.54 2.01 2.12 2.40 1.98 2.13 2.25 1.76 2.02 1.55 2.15

2.84 3.18 2.19 1.80 1.41 1.54 2.42 2.00 1.99 2.22 1.90 2.11 1.85 1.75 1.95 1.47 2.13

2.72 2.96 2.18 1.70 1.34 1.54 2.23 1.99 1.90 2.20 1.90 2.12 1.77 1.65 1.91 1.41 2.24

2.97 2.94 2.26 1.90 1.37 1.52 2.19 2.06 1.92 2.31 1.97 2.09 2.37 1.56 1.87 1.35 2.36

3.31 2.98 2.30 1.90 1.33 1.53 2.36 2.00 2.16 2.27 1.93 2.16 2.7 1.52 1.77 1.37 2.50

3.37 3.08 2.36 1.80 1.37 1.69 2.63 2.11 2.44 2.50 2.06 2.26 2.52 1.48 1.69 1.66 2.79

3.36 3.27 2.36 1.80 1.59 1.88 2.96 2.25 2.49 2.46 2.13 2.34 2.3 1.66 1.71 1.88 3.00

3.12 3.39 2.40 1.80 1.74 2.12 2.92 2.30 2.38 2.48 2.22 2.42 2.51 1.84 1.90 2.01 2.95

3.05 3.46 2.23 1.90 1.74 2.27 2.75 2.46 2.59 2.54 2.21 2.65 2.60 1.92 1.92 2.10 2.88

3.04 3.29 1.98 1.80 1.65 2.30 2.40 2.29 2.73 2.38 2.07 2.57 2.19 1.96 1.83 1.97 2.73

3.06 3.24 2.26 1.87 1.52 1.75 2.54 2.14 2.26 2.42 2.05 2.25 2.32 1.74 1.89 1.67 2.48

TABLE 18

Monthly Dairy Margin Coverage/Margin Protection Program Calculated Feed Cost ($ per Cwt. of milk)2 YEAR

JAN

FEB

MAR

APR

MAY

JUN

JULY

AUG

SEP

OCT

NOV

DEC

AVG

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

$4.66 $5.08 $5.58 $4.80 $4.80 $6.21 $8.57 $8.96 $7.76 $9.67 $11.44 $13.61 $10.81 $9.26 $8.00 $7.84 $7.98 $8.89 $9.15 $10.60 $12.66 $15.16 $11.62

$4.57 $5.13 $5.86 $4.61 $4.81 $6.80 $9.30 $8.27 $7.49 $10.46 $11.82 $13.78 $11.01 $9.14 $7.79 $7.92 $8.42 $8.89 $9.10 $11.13 $13.72 $15.41 $11.16

$4.63 $5.11 $6.34 $4.90 $4.87 $6.85 $9.45 $8.17 $7.40 $10.42 $12.24 $13.86 $11.10 $9.07 $7.83 $7.95 $8.83 $8.84 $9.05 $11.14 $14.35 $15.02 $11.05

$4.65 $5.17 $6.66 $5.00 $5.03 $6.77 $9.94 $8.32 $7.33 $11.50 $12.58 $13.50 $11.65 $9.02 $8.17 $7.95 $9.18 $8.88 $8.56 $11.63 $14.81 $14.86 $10.90

$4.76 $5.37 $6.77 $5.15 $5.18 $7.15 $10.47 $8.87 $7.49 $11.91 $12.80 $13.90 $11.94 $8.87 $8.73 $8.09 $9.42 $9.00 $8.44 $12.53 $14.79 $14.47 $11.48

$4.75 $5.30 $6.49 $5.24 $5.13 $7.35 $11.12 $9.05 $7.55 $11.93 $12.75 $14.12 $11.55 $8.74 $9.05 $7.97 $8.93 $9.47 $8.27 $12.37 $14.98 $14.25 $11.14

$5.03 $4.99 $6.13 $5.29 $5.06 $7.06 $11.11 $8.19 $7.75 $12.05 $14.23 $14.11 $10.62 $9.15 $8.51 $8.22 $8.68 $9.43 $8.21 $12.43 $15.78 $13.88 $10.47

$5.31 $4.96 $5.38 $5.03 $4.91 $6.95 $10.71 $8.04 $7.97 $12.64 $15.12 $12.81 $10.36 $8.76 $7.84 $7.73 $8.47 $9.05 $8.11 $12.67 $16.22 $13.24 $9.88

$5.40 $5.20 $4.99 $4.78 $5.12 $7.24 $10.36 $7.77 $8.34 $12.03 $14.10 $12.13 $10.30 $8.55 $7.82 $7.81 $8.44 $8.89 $8.65 $11.71 $15.78 $12.56 $9.93

$5.14 $5.15 $4.81 $4.61 $5.59 $7.31 $8.95 $7.76 $8.62 $11.16 $13.77 $10.87 $9.28 $8.48 $7.76 $7.90 $8.44 $9.02 $9.23 $11.16 $15.19 $12.16 $10.03

$5.03 $5.33 $4.63 $4.49 $6.00 $7.62 $8.80 $7.82 $9.00 $11.05 $13.89 $10.58 $9.61 $8.19 $7.62 $7.71 $8.34 $8.79 $9.66 $11.66 $14.71 $12.12 $9.91

$5.03 $5.37 $4.64 $4.80 $6.08 $8.21 $8.46 $7.81 $9.42 $11.03 $13.72 $10.94 $9.74 $8.10 $7.70 $7.84 $8.55 $8.75 $9.96 $12.27 $14.94 $12.16 $9.92

$4.91 $5.18 $5.69 $4.89 $5.22 $7.13 $9.77 $8.25 $8.01 $11.32 $13.21 $12.85 $10.66 $8.78 $8.07 $7.91 $8.64 $8.99 $8.86 $11.78 $14.83 $13.76 $10.62

Sources: USDA / NASS, Agricultural Prices and USDA / AMS. ¹ Pounds of feed equal in value to one pound of whole milk cost formula defined in the 2014 and 2018 farm bills. 34² Feed NMPF/USDEC DAIRYas ECONOMICS


FIGURE 10

Average Annual Dairy Margin Coverage/Margin Protection Program Calculated Feed Cost $17.00

$15.00

Dollars per Cwt. Of Milk

$13.00

$11.00

$9.00

$7.00

$5.00

$3.00

2000

2002

2004

2006

2008

2010

2012

2014

2016

2018

2020

2022

2024

FIGURE 11

Monthly Dairy Margin Coverage/Margin Protection Program Calculated Feed Cost

DAIRY DATA HIGHLIGHTS 2025

35


TABLE 19

Monthly DMC/MPP Margin ($ per Cwt.)1 YEAR

JAN

FEB

MAR

APR

MAY

JUN

JULY

AUG

SEP

OCT

NOV

DEC

AVG

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

$7.71 $8.28 $8.94 $6.72 $7.62 $11.30 $9.60 $8.29 $11.93 $4.34 $8.34 $7.03 $7.46 $6.39 $12.69 $8.34 $8.10 $11.06 $8.12 $7.71 $10.45 $6.90 $11.54 $7.94 $8.48

$7.37 $8.50 $8.53 $6.17 $7.74 $10.79 $8.69 $8.10 $9.80 $3.33 $8.31 $8.64 $5.78 $5.72 $13.79 $7.66 $7.91 $10.58 $6.88 $7.91 $9.80 $5.97 $10.98 $6.19 $9.44

$7.27 $9.35 $7.97 $5.89 $9.16 $10.60 $7.73 $8.75 $8.65 $3.53 $7.40 $9.98 $4.96 $5.24 $14.10 $7.53 $7.47 $9.35 $6.77 $8.66 $8.95 $6.26 $11.55 $6.08 $9.65

$7.30 $9.97 $7.85 $5.83 $11.44 $10.20 $6.97 $9.73 $8.16 $3.58 $7.27 $8.10 $4.22 $6.00 $13.65 $7.48 $6.83 $8.55 $6.62 $8.82 $5.84 $6.77 $12.29 $5.84 $9.60

$7.14 $10.84 $7.34 $5.63 $12.53 $9.55 $6.72 $10.85 $7.93 $2.73 $7.51 $7.69 $3.40 $5.80 $12.26 $7.83 $5.77 $8.61 $6.78 $9.00 $5.16 $6.67 $12.51 $4.83 $10.52

$7.78 $11.62 $6.75 $5.70 $11.71 $9.16 $6.77 $12.85 $8.18 $2.25 $7.85 $9.17 $3.45 $5.38 $11.65 $8.16 $5.75 $9.33 $7.37 $8.63 $9.83 $6.03 $11.92 $3.65 $11.66

$8.50 $11.41 $6.07 $7.11 $9.97 $9.51 $6.64 $14.54 $8.29 $3.11 $8.15 $9.75 $2.67 $4.99 $12.68 $7.45 $7.59 $9.08 $6.72 $9.27 $12.29 $5.47 $9.92 $3.52 $12.33

$8.55 $11.71 $5.99 $8.34 $9.52 $9.77 $7.09 $14.65 $7.69 $4.06 $8.73 $9.46 $3.08 $6.79 $13.74 $7.94 $9.26 $10.27 $7.43 $9.85 $10.69 $5.03 $8.08 $6.46 $13.72

$8.71 $12.31 $6.20 $9.30 $10.51 $10.52 $7.88 $14.56 $7.84 $5.23 $9.36 $9.07 $5.60 $7.97 $15.40 $8.95 $9.48 $9.99 $8.26 $10.41 $9.25 $6.69 $8.62 $8.44 $15.57

$8.15 $10.96 $6.96 $9.85 $10.79 $10.89 $7.91 $14.09 $8.85 $6.54 $9.88 $8.84 $7.83 $10.03 $15.62 $9.22 $8.84 $10.00 $8.96 $10.88 $10.97 $8.54 $10.71 $9.44 $15.17

$7.98 $9.77 $6.87 $9.07 $11.57 $10.61 $7.90 $14.28 $8.30 $7.58 $8.90 $9.45 $8.21 $11.02 $13.39 $10.01 $9.98 $10.39 $8.66 $12.21 $11.64 $9.14 $10.89 $9.58 $14.29

$8.22 $8.80 $6.87 $8.43 $11.76 $10.00 $8.12 $13.29 $7.04 $8.69 $7.28 $8.67 $7.08 $11.06 $10.66 $9.10 $11.10 $9.36 $7.85 $11.95 $8.54 $9.53 $9.76 $8.44 $13.38

$7.89 $10.30 $7.19 $7.34 $10.37 $10.24 $7.66 $12.02 $8.55 $4.59 $8.25 $8.82 $5.31 $7.21 $13.30 $8.31 $8.18 $9.71 $7.54 $9.62 $9.45 $6.92 $10.73 $6.70 $11.99

Source: USDA / NASS and USDA / AMS. ¹ Margin as defined in the 2014 and 2018 farm bills.

36 NMPF/USDEC DAIRY ECONOMICS


FIGURE 12

Average Annual Dairy Margin Coverage/Margin Protection Program Margin

FIGURE 13

Monthly Dairy Margin Coverage/Margin Protection Program Margin

DAIRY DATA HIGHLIGHTS 2025

37


TABLE 20

Average Prices Received for Livestock MARKETING

BEEF AND DAIRY

STEERS AND

YEAR

COWS

HEIFERS1

ALL CATTLE1

ALL CALVES

(Dollars per Cwt.)

REPLACEMENT MILK COWS (Dollars per Head)

1975

$19.80

$36.30

$32.30

$27

$412

1980

$45.70

$66.90

$62.40

$77

$1,190

1985

$36.50

$57.70

$53.70

$62

$860

1990

$51.50

$78.80

$74.60

$96

$1,160

1995

$35.70

$65.10

$61.80

$73

$1,130

2000

$37.90

$72.30

$68.60

$104

$1,340

2005

$51.70

$94.30

$89.70

$135

$1,770

2010

$54.80

$97.70

$92.20

$117

$1,330

2011

$71.20

$117.00

$113.00

$142

$1,420

2012

$81.70

$123.00

$121.00

$172

$1,430

2013

$82.30

$126.00

$125.00

$181

$1,380

2014

$107.00

$153.00

$152.00

$261

$1,830

2015

$103.00

$148.00

$147.00

$247

$1,990

2016

$74.30

$121.00

$119.00

$158

$1,760

2017

$69.10

$122.00

$120.00

$168

$1,620

2018

$63.50

$117.00

$115.00

$170

$1,360

2019

$62.00

$118.00

$116.00

$159

$1,200

2020

$64.20

$111.00

$109.00

$161

$1,300

2021

$70.20

$124.00

$121.00

$171

$1,360

2022

$83.70

$145.00

$142.00

$195

$1,590

2023

$102.00

$177.00

$173.00

$261.00

$1,760

2024

$129.00

$189.00

$187.00

$324.00

$2,240

Source: USDA / NASS, Agricultural Prices. ¹ At least 500 pounds

38 NMPF/USDEC DAIRY ECONOMICS


FIGURE 14

Average Price Received for Replacement Milk Cows

DAIRY DATA HIGHLIGHTS 2025

39


TABLE 21

Average Prices Received for Crops MARKETING YEAR

1

CORN (BU)

OATS (BU)

BARLEY (BU)

SOYBEANS

SOYBEAN

ALFALFA HAY²

(BU)

MEAL (TON)

(DRY TON)

(Dollars per Unit)

1975

$2.54

$1.45

$2.42

$4.92

n/a

$52.10

1980

$3.11

$1.72

$2.79

$7.60

n/a

$71.00

1985

$2.23

$1.23

$1.98

$5.05

n/a

$67.60

1990

$2.28

$1.14

$2.14

$5.74

n/a

$86.60

1995

$3.24

$1.67

$2.89

$6.72

n/a

$87.20

2000

$1.85

$1.10

$2.11

$4.54

$174.62

$88.90

2005

$2.00

$1.63

$2.53

$5.66

$188.17

$104.00

2010

$5.18

$2.52

$3.86

$11.30

$313.47

$123.00

2011

$6.22

$3.49

$5.35

$12.50

$335.07

$196.00

2012

$6.89

$3.89

$6.43

$14.40

$439.77

$211.00

2013

$4.46

$3.75

$6.06

$13.00

$466.54

$199.00

2014

$3.70

$3.21

$5.30

$10.10

$478.26

$196.00

2015

$3.61

$2.12

$5.52

$8.95

$341.20

$158.00

2016

$3.36

$2.06

$4.96

$9.47

$328.64

$136.00

2017

$3.36

$2.59

$4.47

$9.33

$315.00

$154.00

2018

$3.61

$2.66

$4.62

$8.48

$344.35

$180.00

2019

$3.56

$2.82

$4.69

$8.57

$305.78

$179.00

2020

$4.53

$2.77

$4.75

$10.80

$319.57

$171.00

2021

$6.00

$4.55

$5.31

$13.30

$386.46

$216.00

2022

$6.54

$4.57

$7.40

$14.20

$465.03

$273.00

2023

$4.55

$3.92

$7.39

$12.40

$447.67

$225.00

2024

$4.35

$3.40

$6.60

$10.10

$354.26

$178.00

Source: USDA / NASS: Agricultural Prices. Prices are season averages for crop years. ¹ Marketing years beginning: June (barley and oats); September (soybeans, corn, and May (hay). ² Prior to 1990, all hay. 5-state average premium alfalfa prices per ton: 2019: $213; 2020: $202; 2021: $234; 2022: $312; 2023: $299; 2024: $251. Soybean meal prices are calendar year averages of high protein soybean meal at Decatur-Central Illinois as reported by USDA/AMS. Unavailable prior to 2000.

40 NMPF/USDEC DAIRY ECONOMICS


TABLE 22

Crop Production YEAR

CORN

SOYBEANS

ALL WHEAT

OATS

BARLEY

SORGHUM

(Million Bushels)

1975

5,841

1,548

2,127

639

379

754

1980

6,639

1,798

2,381

459

361

579

1985

8,875

2,099

2,424

518

590

1,120

1990

7,934

1,926

2,730

358

422

573

1995

7,400

2,174

2,183

161

359

459

2000

9,915

2,758

2,228

149

318

471

2005

11,112

3,068

2,103

115

212

393

2010

12,425

3,331

2,163

82

180

345

2011

12,314

3,097

1,993

50

155

213

2012

10,755

3,042

2,252

61

219

248

2013

13,831

3,357

2,135

65

217

392

2014

14,217

3,928

2,026

70

182

433

2015

13,602

3,927

2,062

89

218

597

2016

15,148

4,296

2,309

65

200

480

2017

14,609

4,412

1,741

50

143

362

2018

14,340

4,428

1,885

56

154

365

2019

13,620

3,552

1,932

53

172

341

2020

14,087

4,216

1,820

66

171

373

2021

15,018

4,464

1,646

40

121

448

2022

13,651

4,270

1,650

58

174

188

2023

15,341

4,162

1,804

57

186

318

2024

14,867

4,366

1,971

68

144

344

Source: USDA / NASS: Crop Production Annual.

DAIRY DATA HIGHLIGHTS 2025

41


Scope of Federal Milk Marketing Orders

42 NMPF/USDEC DAIRY ECONOMICS


TABLE 23

Federal Milk Marketing Order Statistics by Market FEDERAL ORDER

ORDER

PRODUCER

NUMBER

DELIVERIES

UNIFORM PRICE

UTILIZATION

Class I (Million #)

(Percent)

Class II

AT 3.5% BF Class III

Class IV ($ per cwt.)

Northeast (Boston)

1

26,949

29%

25%

31%

15%

$21.44

Appalachian (Charlotte)

5

5,301

70%

16%

7%

7%

$22.90

Florida (Tampa)

6

2,524

82%

15%

2%

1%

$24.83

Southeast (Atlanta)

7

3,497

74%

14%

5%

6%

$23.42

Upper Midwest (Chicago)

30

28,285

7%

2%

89%

2%

$18.79

Central (Kansas City)

32

14,608

29%

8%

50%

13%

$19.69

Mideast (Cleveland)

33

18,182

38%

14%

43%

6%

$20.36

California (Los Angeles)

51

23,224

20%

6%

62%

12%

$19.65

Pacific Northwest (Seattle)

124

7,231

21%

5%

47%

27%

$19.94

Southwest (Dallas)

126

12,641

30%

7%

56%

6%

$20.30

Arizona (Phoenix)

131

4,186

33%

17%

28%

22%

$20.73

146,628

28%

11%

51%

10%

$20.30

All Markets Average or Total Source: USDA / AMS

DAIRY DATA HIGHLIGHTS 2025

43


TABLE 24

Measures of Growth in Federal Milk Marketing Orders YEAR

NUMBER OF

PRICE AT 3.5% BF

FMMO DELIVERIES (BILLION POUNDS)

($ PER CWT.)

Producer

% of U.S.

Used in

% Class I

Deliveries

Production

Class I

Utilization

156,584

18.7

25.2%

11.0

1,483

188,611

28.9

31.8%

80

2,259

189,816

44.8

1965

73

1,891

158,077

1970

62

1,588

1975

56

1980

Markets

Handlers

Producers

1950

39

1,101

1955

63

1960

Class I

Blend

58.9%

$4.51

$3.93

18.0

62.3%

$4.67

$4.08

43.1%

28.8

64.2%

$4.88

$4.47

54.4

48.3%

34.6

63.5%

$4.93

$4.31

143,411

65.1

59.2%

40.1

61.5%

$6.74

$5.95

1,315

123,855

69.2

62.8%

40.1

57.9%

$9.36

$8.64

47

1,091

117,490

84.0

67.4%

41.0

48.9%

$13.77

$12.86

1985

44

884

116,765

97.8

70.2%

42.2

43.2%

$13.88

$12.61

1990

42

753

100,397

102.4

70.5%

43.8

42.8%

$15.55

$13.78

1995

33

571

88,717

108.5

71.1%

45.0

41.5%

$14.19

$12.79

2000

11

346

69,585

116.9

69.8%

46.0

39.3%

$14.24

$12.11

2005

10

302

53,032

114.7

64.8%

44.6

38.9%

$17.13

$15.07

2010

10

251

45,918

126.9

65.8%

45.0

35.4%

$18.25

$16.07

2011

10

241

43,650

126.9

64.7%

44.4

35.0%

$21.97

$19.87

2012

10

237

40,745

122.4

61.0%

43.5

35.5%

$20.39

$18.05

2013

10

225

40,043

132.1

65.6%

42.7

32.4%

$21.80

$19.44

2014

10

223

39,146

129.4

62.8%

41.4

32.0%

$26.14

$23.54

2015

10

214

36,112

126.1

60.5%

41.2

32.7%

$19.21

$16.70

2016

10

216

34,689

133.8

63.0%

41.1

30.7%

$17.70

$15.38

2017

10

217

32,981

135.5

62.9%

40.6

30.0%

$19.31

$16.96

20181

11

233

32,061

141.7

65.1%

40.9

28.9%

$17.70

$15.51

2019

11

230

29,468

156.5

71.6%

43.9

28.0%

$19.74

$17.35

2020

11

228

24,906

137.8

61.7%

43.8

31.8%

$19.70

$16.12

2021

11

226

23,292

136.8

60.5%

42.1

30.8%

$19.56

$17.33

2022

11

213

23,108

151.6

67.0%

41.0

27.0%

$26.38

$23.68

2023

11

213

22,035

158.4

70.0%

40.4

25.5%

$22.00

$18.81

2024

11

220

20,168

146.6

64.9%

40.7

27.7%

$23.12

$20.30

Source: USDA / AMS, Dairy Market Statistics. ¹ Includes California order, effective November 1, 2018

44 NMPF/USDEC DAIRY ECONOMICS


TABLE 25

Sales and Butterfat Content of Fluid Milk Products in Federal Milk Marketing Orders1 YEAR

WHOLE MILK ITEMS % of Total Fluid Sales

SKIM, LOW AND REDUCED FAT ITEMS

Average BF Test

% of Total Fluid Sales

ALL FLUID BEVERAGE

Average BF Test

Average BF Test

(Percent)

1960

89.3%

3.57%

7.7%

1.12%

3.38%

1965

86.4%

3.52%

11.1%

1.36%

3.28%

1970

77.0%

3.46%

21.1%

1.54%

3.05%

1975

68.8%

3.37%

29.2%

1.46%

2.75%

1980

59.4%

3.32%

38.5%

1.49%

2.60%

1985

50.4%

3.31%

44.9%

1.53%

2.47%

1990

37.6%

3.27%

57.0%

1.44%

2.13%

1995

33.4%

3.27%

62.9%

1.33%

2.00%

2000

33.6%

3.27%

62.0%

1.32%

1.98%

2005

30.6%

3.27%

63.1%

1.33%

1.94%

2010

27.3%

3.27%

72.7%

1.31%

1.81%

2011

27.1%

3.28%

72.9%

1.33%

1.80%

2012

27.1%

3.28%

72.9%

1.34%

1.79%

2013

27.8%

3.29%

72.2%

1.35%

1.82%

2014

28.6%

3.29%

71.4%

1.37%

1.85%

2015

30.7%

3.25%

69.3%

1.37%

1.95%

2016

32.6%

3.25%

67.4%

1.39%

2.00%

2017

34.2%

3.25%

65.8%

1.40%

2.05%

2018

35.6%

3.25%

64.4%

1.42%

2.08%

2019

36.9%

3.25%

63.1%

1.44%

2.12%

2020

38.0%

3.25%

62.0%

1.49%

2.17%

2021

37.8%

3.25%

62.2%

1.48%

2.17%

2022

39.2%

3.25%

60.8%

1.48%

2.20%

2023

40.2%

3.25%

59.8%

1.49%

2.22%

2024

41.0%

3.25%

59.0%

1.49%

2.25%

Source: USDA/AMS, Federal Milk Order Market Statistics, NMPF Calculations ¹ Fluid milk products: plain and flavored whole, lowfat and skim milk, buttermilk and drinkable yogurt, including organic products. Beginning 2015, estimated U.S. sales.

DAIRY DATA HIGHLIGHTS 2025

45


FIGURE 15

Average Butterfat Content of Fluid Milk Products1

Source: USDA/AMS, Federal Milk Order Market Statistics, NMPF Calculations ¹ Fluid milk products: plain and flavored whole, lowfat and skim milk, buttermilk and drinkable yogurt, including organic products. Beginning 2015, estimated U.S. sales.

46 NMPF/USDEC DAIRY ECONOMICS


Dairy Product Consumption and Production

DAIRY DATA HIGHLIGHTS 2025

47


TABLE 26

Annual Commercial Disappearance of Dairy Products, Milk Equivalent YEAR

FLUID MILK

BUTTER

CHEESE1

FROZEN

NON-FAT

PRODUCTS

DRY MILK

OTHER 2

PRODUCTS

TOTAL MILK

(Million Pounds, Milk Equivalent, Total Milk Solids Basis)

1970

48,329

7,944

11,816

8,084

6,686

25,863

108,481

1975

47,870

8,409

15,416

8,692

4,741

22,209

111,872

1980

46,908

7,772

19,353

8,620

3,666

27,415

118,097

1985

47,149

8,121

23,980

9,651

2,959

31,489

128,084

1990

46,378

8,092

30,366

9,786

4,748

38,175

142,199

1995

47,507

7,849

32,072

10,693

7,282

48,569

153,972

2000

48,855

8,395

38,247

11,413

6,010

53,232

166,152

2005

48,253

8,994

42,676

10,934

12,420

60,134

183,410

2010

47,998

10,692

47,586

10,883

14,302

65,044

196,506

2011

47,120

11,794

48,623

10,550

14,815

67,145

200,049

2012

46,382

11,988

49,556

10,812

16,395

68,820

203,951

2013

45,286

12,489

50,385

10,502

16,510

70,565

205,736

2014

44,084

12,328

52,253

10,319

16,919

73,096

208,998

2015

43,563

12,019

53,504

10,753

17,640

75,636

213,115

2016

43,308

12,217

55,222

10,709

17,439

78,826

217,719

2017

42,291

12,293

56,778

10,539

17,221

79,647

218,768

2018

41,296

13,091

58,250

10,277

17,875

82,169

222,958

2019

40,595

13,252

58,767

10,539

18,500

82,136

223,787

2020

40,670

13,711

58,391

10,613

16,208

87,491

227,083

2021

38,858

14,194

60,657

10,366

17,428

89,951

231,455

2022

37,738

13,500

61,601

10,512

16,745

91,751

231,847

2023

37,170

14,047

61,560

9,834

15,650

95,145

233,406

2024

37,293

14,824

61,627

9,630

13,523

96,033

232,930

Source: NMPF and USDA / ERS: Livestock, Dairy, and Poultry Situation and Outlook Excludes commercial exports beginning 1995 ¹ Excludes whey values ²Includes skim milk powder

48 NMPF/USDEC DAIRY ECONOMICS


TABLE 27

Per Capita Commercial Disappearance of Dairy Products, Milk Equivalent YEAR

FLUID MILK

CHEESE1

TOTAL PRODUCTS

(ME Lbs)

% Change

(ME Lbs)

% Change

(ME Lbs)

% Change

1970

236.9

0.8%

58.2

-6.9%

531.8

8.8%

1975

222.2

0.1%

72.2

-1.5%

519.2

-0.4%

1980

206.4

-2.3%

88.0

1.8%

519.7

-1.7%

1985

197.7

0.7%

100.6

4.7%

537.1

1.4%

1990

185.4

-2.1%

121.4

3.1%

568.5

0.0%

1995

178.2

2.8%

120.3

-0.7%

560.6

-2.1%

2000

173.1

-0.8%

135.5

4.1%

588.9

1.0%

2005

163.3

-0.5%

144.4

1.4%

620.6

3.3%

2010

155.2

-1.9%

153.8

2.4%

635.3

1.3%

2011

151.2

-2.5%

156.1

1.4%

642.0

1.1%

2012

147.8

-2.3%

157.9

1.2%

649.8

1.2%

2013

143.3

-3.0%

159.4

1.0%

650.9

0.2%

2014

138.5

-3.4%

164.1

2.9%

656.4

0.8%

2015

135.8

-1.9%

166.8

1.6%

664.4

1.2%

2016

134.0

-1.3%

170.9

2.5%

673.9

1.4%

2017

130.1

-3.0%

174.6

2.2%

672.9

-0.2%

2018

126.4

-2.7%

178.2

2.0%

682.2

1.4%

2019

123.6

-2.1%

179.0

0.4%

681.6

-0.1%

2020

122.7

-0.8%

176.1

-1.6%

685.0

0.5%

2021

117.0

-4.6%

182.7

3.7%

697.1

1.8%

2022

113.2

-3.2%

184.8

1.2%

695.6

-0.2%

2023

111.0

-2.0%

183.8

-0.5%

696.9

0.2%

2024

109.6

-1.2%

181.2

-1.4%

684.9

-1.7%

Source: NMPF and USDA / ERS: Livestock, Dairy, and Poultry Situation and Outlook Excludes commercial exports beginning 1995. ¹ Excludes whey values

DAIRY DATA HIGHLIGHTS 2025

49


TABLE 28

Shares of Commercial Disappearance by Product YEAR

FLUID MILK

BUTTER

CHEESE1

FROZEN

NONFAT DRY

OTHER

PRODUCTS

MILK 2

PRODUCTS

(Share of Milk Equivalent, Total Milk Solids Basis)

1970

44.6%

7.3%

10.9%

11.5%

6.2%

23.8%

1975

42.8%

7.5%

13.8%

11.8%

4.2%

24.2%

1980

39.7%

6.6%

16.4%

11.0%

3.1%

23.2%

1985

36.8%

6.3%

18.7%

11.2%

2.3%

24.6%

1990

32.6%

5.7%

21.4%

10.2%

3.3%

26.8%

1995

31.8%

5.3%

21.5%

10.5%

4.9%

31.5%

2000

29.4%

5.1%

23.0%

6.9%

3.6%

32.0%

2005

26.3%

4.9%

23.3%

6.0%

6.8%

32.8%

2010

24.4%

5.4%

24.2%

5.5%

7.3%

33.1%

2011

23.6%

5.9%

24.3%

5.3%

7.4%

33.6%

2012

22.7%

5.9%

24.3%

5.3%

8.0%

33.7%

2013

22.0%

6.1%

24.5%

5.1%

8.0%

34.3%

2014

21.1%

5.9%

25.0%

4.9%

8.1%

35.0%

2015

20.4%

5.6%

25.1%

5.0%

8.3%

35.5%

2016

19.9%

5.6%

25.4%

4.9%

8.0%

36.2%

2017

19.3%

5.6%

26.0%

4.8%

7.9%

36.4%

2018

18.5%

5.9%

26.1%

4.6%

8.0%

36.9%

2019

18.1%

5.9%

26.3%

4.7%

8.3%

36.7%

2020

17.9%

6.0%

25.7%

4.7%

7.1%

38.5%

2021

16.8%

6.1%

26.2%

4.5%

7.5%

38.9%

2022

16.3%

5.8%

26.6%

4.5%

7.2%

39.6%

2023

15.9%

6.0%

26.4%

4.2%

6.7%

40.8%

2024

16.0%

6.4%

26.5%

4.1%

5.8%

41.2%

Source: NMPF; Shares are based on a milk equivalent, total solids basis. Includes commercial exports. ¹ Excludes whey values ² Includes skim milk powder

50 NMPF/USDEC DAIRY ECONOMICS


FIGURE 16

Shares of Commercial Disappearance by Product 1980 Other Products 23%

2024 Fluid Milk 16%

Fluid Milk 40% Other Products 41%

Butter 6%

Nonfat Dry Milk 3%

Frozen Products 11%

Cheese 27%

Butter 7% Cheese 16%

Nonfat Dry Milk 6%

Frozen Products 4%

DAIRY DATA HIGHLIGHTS 2025

51


TABLE 29

Fluid Milk Sales by Product YEAR

PLAIN

FLAVORED

PLAIN

WHOLE

WHOLE

LAWFAT

FLAVORED PLAIN SKIM

LOWFAT/

TOTAL BUTTERMILK

SKIM

BEVERAGE MILK

(Million Lbs)

1970

41,363

1,144

6,082

2,368

611

1,130

52,698

1975

36,188

1,366

11,468

2,480

719

1,011

53,308

1980

31,253

1,075

15,918

2,636

1,197

927

53,101

1985

27,760

882

19,812

3,009

1,430

1,046

54,060

1990

21,333

691

24,509

5,702

1,657

879

54,894

1995

18,662

704

24,202

8,359

1,914

739

54,692

2000

18,696

925

23,697

8,348

2,736

623

55,240

2005

16,919

743

24,286

8,028

3,655

522

54,544

2010

14,412

551

26,598

8,385

3,981

454

54,870

2011

14,042

520

26,612

8,216

3,898

471

53,938

2012

13,854

519

26,460

7,740

3,853

477

53,083

2013

13,784

567

25,982

7,093

3,825

496

51,923

2014

13,848

534

25,218

6,318

3,781

486

50,368

2015

14,450

572

24,478

5,635

3,827

514

49,648

2016

15,241

613

23,862

5,014

3,915

512

49,349

2017

15,621

656

22,907

4,410

3,978

501

48,269

2018

15,901

708

22,110

3,966

3,830

478

47,235

2019

16,123

780

21,352

3,543

3,746

445

46,417

2020

16,652

766

21,648

3,068

2,876

421

46,366

2021

15,814

810

20,064

2,692

3,361

454

44,516

2022

16,038

765

18,853

2,461

3,466

449

43,444

2023

16,264

753

18,160

2,237

3,293

447

42,821

2024

16,754

755

17,643

2,012

3,286

444

43,179

Source: USDA / ERS: Livestock, Dairy, and Poultry Situation and Outlook. Includes conventional and organic milk. Total includes miscellaneous fluid milk products, beginning 2003.

52 NMPF/USDEC DAIRY ECONOMICS


TABLE 30

Per Capita Fluid Milk Sales, Selected Products YEAR

WHOLE MILK

LOWFAT/SKIM MILK

TOTAL BEVERAGE MILK

(Pounds)

(Gallons)

(Pounds)

(Gallons)

(Pounds)

(Gallons)

1970

207.3

24.0

44.2

5.1

257.0

29.8

1975

173.9

20.2

67.9

7.9

246.8

28.6

1980

142.0

16.5

86.7

10.0

233.2

27.0

1985

120.1

13.9

101.7

11.8

226.7

26.3

1990

88.0

10.2

127.4

14.7

219.5

25.4

1995

72.7

8.4

129.3

15.0

205.2

23.8

2000

69.5

8.1

123.2

14.3

195.6

22.7

2005

59.6

6.9

121.4

14.1

184.2

21.3

2010

46.6

5.4

113.1

13.1

177.4

20.6

2011

45.1

5.2

111.8

13.0

173.1

20.1

2012

44.1

5.1

109.0

12.6

169.1

19.6

2013

43.6

5.1

104.6

12.1

164.3

19.0

2014

43.5

5.0

99.0

11.5

158.2

18.3

2015

45.1

5.2

93.9

10.9

154.8

17.9

2016

47.2

5.5

89.4

10.4

152.8

17.7

2017

48.0

5.6

84.0

9.7

148.5

17.2

2018

48.7

5.6

79.8

9.2

144.5

16.7

2019

49.1

5.7

75.8

8.8

141.4

16.4

2020

50.2

5.8

74.6

8.6

139.8

16.2

2021

47.6

5.5

68.5

7.9

134.0

15.6

2022

48.1

5.6

64.0

7.4

130.1

15.1

2023

48.6

5.6

60.9

7.1

127.1

14.7

2024

49.3

5.7

57.8

6.7

127.0

14.7

Source: USDA / ERS: Livestock, Dairy, and Poultry Situation and Outlook. Includes conventional and organic milk. Total includes miscellaneous fluid milk products, beginning 2003.

DAIRY DATA HIGHLIGHTS 2025

53


TABLE 31

Sales of Cream and Other Products YEAR

HALF AND

LIGHT

HEAVY

HALF

CREAM

CREAM

SOUR CREAM/

TOTAL EGGNOG

YOGURT

DIP

CREAM & BEVERAGE

(Million Lbs)

PER CAPITA (Lbs)

1970

591

76

111

222

61

169

53,928

264.4

1975

514

87

119

350

76

425

54,803

254.3

1980

551

55

159

408

95

570

54,844

241.4

1985

714

85

243

544

121

940

56,586

237.8

1990

739

88

324

625

123

974

57,644

230.9

1995

831

95

402

767

112

1,646

58,423

219.4

2000

1,008

743

914

127

1,837

60,031

212.8

2005

2,352

1,034

147

3,058

61,476

208.0

2006

2,459

1,121

151

3,301

62,010

207.8

2007

2,475

1,135

141

3,476

62,020

205.9

2008

2,530

1,151

143

3,570

61,973

203.8

2009

2,660

1,195

142

3,839

62,677

204.3

2010

2,755

1,228

141

4,181

63,175

204.2

2011

2,835

1,255

141

4,271

62,440

200.4

2012

2,910

1,281

134

4,417

61,826

197.0

2013

2,900

1,281

133

4,715

60,953

192.9

2014

2,965

1,303

132

4,757

59,524

187.0

2015

3,025

1,326

126

4,646

58,769

183.3

2016

3,155

1,374

134

4,458

58,470

181.1

2017

3,190

1,387

146

4,478

57,470

176.8

2018

3,175

1,401

124

4,453

56,387

172.6

2019

N/A

1,424

121

4,378

N/A

N/A

2020

N/A

1,461

132

4,510

N/A

N/A

2021

N/A

1,493

141

4,744

N/A

N/A

2022

N/A

1,496

127

4,624

N/A

N/A

2023

N/A

1,519

141

4,590

N/A

N/A

2024

N/A

1,547

152

4,931

N/A

N/A

Source: USDA / ERS: Livestock, Dairy, and Poultry Situation and Outlook and NMPF. Note: Light and heavy cream no longer separated, beginning 2000. Cream and half and half no longer separated, beginning 2002. Total includes miscellaneous fluid milk products, beginning 2003.

54 NMPF/USDEC DAIRY ECONOMICS


FIGURE 17

Per Capita Sales of Fluid Milk 35

30

Gallons of Milk

25

20

15

10

5

0

1970

1995

2012 Total Beverage Milk

Lowfat/Skim Milk

2017

2022

Whole Milk

DAIRY DATA HIGHLIGHTS 2025

55


TABLE 32

Cheese Production, Selected Varieties YEAR

AMERICAN

CHEDDAR

ITALIAN

OTHER

SWISS

TOTAL

MOZZARELLA

OTHER

TOTAL

ALL

TOTAL

OTHER

CHEESE

(Million Pounds)

1970

1,182

241

1,423

n/a

n/a

394

144

240

2,201

1975

1,205

450

1,655

458

214

672

174

311

2,811

1980

1,751

625

2,376

689

294

983

219

407

3,984

1985

2,292

564

2,855

1,104

387

1,491

223

512

5,081

1990

2,380

514

2,894

1,730

477

2,207

261

697

6,059

1995

2,415

716

3,131

2,125

550

2,674

222

889

6,917

2000

2,819

823

3,642

2,635

654

3,289

220

1,107

8,258

2005

3,046

762

3,808

3,019

784

3,803

300

1,238

9,149

2010

3,235

1,054

4,289

3,479

936

4,416

336

1,402

10,443

2011

3,096

1,130

4,227

3,574

1,011

4,585

329

1,454

10,595

2012

3,143

1,212

4,355

3,615

1,018

4,633

321

1,578

10,886

2013

3,190

1,230

4,420

3,700

1,035

4,735

294

1,652

11,102

2014

3,317

1,271

4,588

3,925

1,025

4,950

298

1,676

11,512

2015

3,393

1,301

4,694

3,989

1,093

5,082

312

1,743

11,831

2016

3,434

1,334

4,769

4,118

1,187

5,304

312

1,796

12,182

2017

3,721

1,351

5,072

4,167

1,228

5,395

317

1,856

12,640

2018

3,802

1,452

5,254

4,366

1,203

5,570

332

1,882

13,037

2019

3,737

1,495

5,232

4,495

1,176

5,671

338

1,896

13,137

2020

3,829

1,510

5,338

4,444

1,168

5,612

325

1,964

13,240

2021

3,971

1,644

5,615

4,497

1,272

5,769

330

2,047

13,761

2022

3,963

1,709

5,672

4,651

1,253

5,904

351

2,157

14,084

2023

3,995

1,755

5,749

4,606

1,251

5,857

335

2,214

14,156

2024

3,785

1,791

5,577

4,788

1,237

6,025

360

2,287

14,249

Source: USDA / NASS: Dairy Products

56 NMPF/USDEC DAIRY ECONOMICS


TABLE 33

Per Capita Cheese Consumption, Selected Varieties YEAR

AMERICAN

CHEDDAR

ITALIAN

TOTAL

MOZZARELLA

SWISS

ALL

TOTAL

OTHER

CHEESE

TOTAL

CONSUMED AS

PROCESSED

NATURAL

(Pounds) 1970

5.79

7.00

1.19

2.05

0.88

1.44

11.37

4.42

6.95

1975

6.04

8.15

2.11

3.23

1.09

1.80

14.27

5.18

9.10

1980

6.84

9.62

3.01

4.42

1.32

2.16

17.52

5.52

12.01

1985

9.77

12.19

4.60

6.41

1.28

2.66

22.54

6.06

16.48

1990

9.05

11.13

6.88

8.92

1.35

3.21

24.61

6.81

17.80

1995

9.04

11.69

7.89

10.03

1.09

4.13

26.94

7.01

19.93

2000

9.88

12.70

9.06

11.42

1.02

4.68

29.82

6.47

23.35

2005

10.16

12.66

9.93

12.66

1.24

5.02

31.58

5.97

25.62

2010

10.06

13.30

10.58

13.54

1.18

4.90

32.92

5.20

27.72

2011

9.59

13.04

10.83

13.98

1.14

5.08

33.24

5.29

27.95

2012

9.59

13.26

10.69

13.80

1.09

5.37

33.52

5.23

28.29

2013

9.65

13.35

10.74

13.83

1.00

5.50

33.68

5.06

28.62

2014

9.86

13.66

11.17

14.20

1.02

5.55

34.43

5.91

28.52

2015

10.14

13.99

11.24

14.43

1.05

5.80

35.27

5.86

29.41

2016

10.36

14.30

11.69

15.17

1.06

6.03

36.56

5.61

30.95

2017

11.04

15.02

11.56

15.05

1.04

5.97

37.08

5.73

31.35

2018

11.16

15.32

12.15

15.62

1.07

6.03

38.04

5.73

32.31

2019

11.09

15.45

12.41

15.78

1.11

6.03

38.37

5.75

32.62

2020

11.13

15.46

12.19

15.50

1.04

6.11

38.12

5.31

32.81

2021

11.52

16.19

12.30

15.88

1.04

6.45

39.56

6.79

32.77

2022

11.35

16.26

12.58

16.10

1.07

6.69

40.12

6.12

34.00

2023

11.41

16.44

12.39

15.87

1.02

6.82

40.15

6.94

33.22

2024

10.85

15.97

12.53

15.92

1.05

6.97

39.91

6.85

33.06

Source: USDA / ERS: Livestock, Dairy, and Poultry Situation and Outlook Tables and NMPF

DAIRY DATA HIGHLIGHTS 2025

57


TABLE 34

Production of Butter, NFDM and Other Products YEAR

BUTTER

NFDM AND SMP

DRY WHOLE MILK

DRY

MILK PROTEIN

BUTTERMILK

CONCENTRATE

DRY WHEY

WHEY PROTEIN

COTTAGE

CONCENTRATE

CHEESE1

(Million Lbs)

1970

1,137

1,444

69

60

n/a

621

n/a

726

1975

984

1,001

63

43

n/a

596

n/a

701

1980

1,145

1,161

83

44

n/a

690

n/a

667

1985

1,248

1,390

119

52

n/a

987

105

599

1990

1,302

879

175

56

n/a

1,143

168

493

1995

1,264

1,233

171

55

n/a

1,147

294

459

2000

1,256

1,452

111

56

n/a

1,188

334

461

2005

1,347

1,533

32

66

n/a

1,041

384

469

2010

1,564

1,816

71

82

89

1,013

428

433

2011

1,810

1,945

66

100

94

1,010

431

424

2012

1,860

2,145

58

109

102

999

459

424

2013

1,863

2,109

72

119

102

953

498

389

2014

1,855

2,308

103

111

126

870

540

381

2015

1,850

2,269

109

98

157

978

493

401

2016

1,839

2,312

98

110

126

955

468

406

2017

1,847

2,365

122

113

139

1,035

489

390

2018

1,968

2,338

144

118

147

999

514

402

2019

1,994

2,424

141

118

162

978

491

391

2020

2,146

2,647

138

127

206

959

478

379

2021

2,063

2,745

148

132

197

892

464

358

2022

2,059

2,613

137

138

221

915

451

362

2023

2,112

2,559

110

142

217

938

505

399

2024

2,236

2,268

111

152

333

853

495

452

Source: USDA / ERS: Dairy Products. ¹ Cottage cheese curd production.

58 NMPF/USDEC DAIRY ECONOMICS


TABLE 35

Per Capita Consumption of Butter, Cottage Cheese, NFDM and Other Products YEAR

BUTTER

NFDM AND

DRY WHOLE

DRY

DRY WHEY

COTTAGE

SMP

MILK

BUTTERMILK

AND WPC

CHEESE

(Lbs)

1970

5.3

5.3

0.2

0.2

0.9

5.2

1975

4.7

3.3

0.1

0.2

2.2

4.6

1980

4.5

3.0

0.3

0.2

2.7

4.4

1985

4.9

2.3

0.4

0.2

3.5

4.0

1990

4.3

2.9

0.6

0.2

3.7

3.3

1995

4.6

3.4

0.4

0.2

4.2

2.7

2000

4.5

2.7

0.3

0.2

3.8

2.6

2005

4.5

4.2

0.2

0.2

2.9

2.7

2010

4.9

3.2

0.2

0.2

1.9

2.3

2011

5.4

3.0

0.2

0.3

1.5

2.3

2012

5.5

3.6

0.2

0.3

1.8

2.3

2013

5.5

2.9

0.2

0.4

1.9

2.1

2014

5.5

3.1

0.2

0.3

2.0

2.1

2015

5.6

3.2

0.3

0.3

2.4

2.1

2016

5.7

2.9

0.3

0.3

2.0

2.2

2017

5.7

2.8

0.3

0.3

2.0

2.1

2018

6.0

2.3

0.4

0.3

2.2

2.1

2019

6.2

2.7

0.2

0.3

2.2

2.1

2020

6.3

2.5

0.2

0.2

1.7

2.0

2021

6.4

2.5

0.2

0.2

1.5

1.9

2022

6.1

2.3

0.3

0.2

1.2

1.9

2023

6.5

2.4

0.2

0.2

1.9

2.1

2024

6.8

1.8

0.2

0.2

1.6

2.4

Source: USDA / ERS: Livestock, Dairy, and Poultry Situation and Outlook and NMPF.

DAIRY DATA HIGHLIGHTS 2025

59


TABLE 36

Production of Frozen Dairy Products YEAR

ICE CREAM

ICE CREAM

ICE CREAM

(REGULAR)

(LOWFAT)

(NONFAT)

SHERBET

FROZEN YOGURT

TOTAL OTHER1

FROZEN DAIRY2

(Million Gallons)

1975

837

299

N/A

48.5

N/A

11.1

1,195

1980

830

293

N/A

45.2

N/A

10.3

1,179

1985

901

301

N/A

48.2

N/A

51.4

1,302

1990

824

352

N/A

50.3

117.6

32.4

1,376

1995

862

357

43.9

53.5

152.1

19.1

1,488

2000

980

373

30.7

51.9

94.5

11.6

1,542

2005

960

360

20.8

56.4

66.1

7.8

1,471

2010

929

415

16.0

49.3

50.1

12.2

1,472

2011

888

415

17.2

45.4

62.7

12.3

1,441

2012

894

457

17.2

43.6

57.6

12.3

1,482

2013

897

401

14.2

46.1

74.5

12.2

1,445

2014

866

412

18.3

48.4

66.5

12.9

1,423

2015

897

439

13.6

44.7

74.2

14.2

1,482

2016

907

436

12.4

44.3

66.8

14.6

1,481

2017

871

461

11.4

43.0

62.9

22.6

1,472

2018

852

460

11.4

38.3

55.1

2.7

1,440

2019

879

474

9.9

44.4

56.9

19.6

1,484

2020

916

463

9.1

36.8

35.1

14.8

1,474

2021

880

478

10.7

35.0

40.5

11.5

1,456

2022

925

446

18.6

32.7

38.2

12.7

1,473

2023

863

441

10.6

28.3

40.0

13.3

1,396

2024

886

412

10.7

26.4

37.8

13.4

1,386

Source: USDA / NASS: Dairy Products. ¹ Excludes mellorine-based frozen desserts. Includes frozen yogurt prior to 1989 and nonfat ice cream prior to 1995. ² Excludes ice cream, frozen yogurt, and sherbet mixes.

60 NMPF/USDEC DAIRY ECONOMICS


TABLE 37

Per Capita Consumption of Frozen Dairy Products YEAR

ICE CREAM (REGULAR)

ICE CREAM (REDUCED FAT)

SHERBET

OTHER

LBS

YOY CHANGE

LBS

YOY CHANGE

LBS

YOY CHANGE

1970

17.6

-0.6%

7.8

0.0%

1.6

0.0%

1.4

1975

18.2

4.6%

7.7

0.0%

1.3

-10.1%

1.8

1980

17.1

1.1%

7.1

-2.7%

1.2

-1.0%

1.3

1985

17.8

-0.1%

6.9

-1.4%

1.2

0.6%

2.7

1990

15.5

-2.0%

6.3

-24.6%

1.2

-5.6%

5.0

1995

15.0

-2.8%

7.0

10.4%

1.2

-1.9%

5.7

2000

16.1

-0.5%

6.6

-5.2%

1.1

-5.8%

3.7

2005

15.1

3.3%

6.0

-7.9%

1.1

1.6%

2.9

2010

14.0

0.2%

6.5

2.6%

1.0

-8.2%

2.6

2011

13.2

-5.3%

6.4

-0.7%

0.9

-7.8%

2.8

2012

13.2

-0.3%

7.0

8.6%

0.8

-4.5%

2.8

2013

13.0

-0.9%

6.0

-13.6%

0.9

4.7%

3.0

2014

12.5

-4.4%

6.2

2.7%

0.9

3.7%

2.9

2015

12.9

3.1%

6.5

4.8%

0.8

-9.2%

3.1

2016

12.9

0.5%

6.4

-1.6%

0.8

-0.9%

2.8

2017

12.3

-4.7%

6.7

4.6%

0.8

-3.3%

2.9

2018

12.0

-2.8%

6.6

-1.0%

0.7

-11.4%

2.8

2019

12.3

2.8%

6.8

2.2%

0.8

15.7%

2.8

2020

12.7

3.1%

6.5

-3.4%

0.7

-16.7%

2.3

2021

12.2

-4.1%

6.7

3.2%

0.7

-0.7%

2.6

2022

12.7

4.7%

6.4

-5.2%

0.7

-1.2%

2.6

2023

11.8

-7.5%

6.2

-3.5%

0.6

-16.8%

2.6

2024

12.0

1.8%

5.7

-7.2%

0.5

-11.0%

2.4

Source: USDA / ERS: Livestock, Dairy, and Poultry Situation and Outlook and NMPF

DAIRY DATA HIGHLIGHTS 2025

61


TABLE 38

Cheese, Butter and NFDM Production, by State CHEESE

BUTTER

NONFAT DRY MILK (FOOD)1

STATE

MIL. LBS

SHARE

STATE

MIL. LBS

SHARE

STATE

MIL. LBS

SHARE

WI

3,586

25.2%

CA

667

29.8%

CA

698

41.8%

CA

2,481

17.4%

PA

81

3.6%

PA

129

7.7%

ID

1,043

7.3%

NM

925

6.5%

NY

856

6.0%

MN

817

5.7%

PA

464

3.3%

IA

388

2.7%

OH

255

1.8%

VT

148

1.0%

IL

115

0.8%

NJ

98

0.7%

MA

0.5

0.004%

11,175

78.4%

748

33.5%

827

49.6%

3,074

21.6%

1,488

66.5%

842

50.4%

842

50.4%

2,059

100.0%

1,968

100.0%

Reported States

Other States

Total

Reported States

Other States

Total

Reported States

Other States

Total

Source: USDA / NASS: Dairy Products Note: Some states with large production are not reported to avoid violating confidentiality. ¹ Does not include 698 million lbs of protein-standardized skim milk powders or 8 million lb of dry skim milk produced for animal feed uses.

62 NMPF/USDEC DAIRY ECONOMICS


FIGURE 18

Production Share of Manufactured Products by Region Cheese

Butter West 51.8% West 39.3%

Central 49.3%

Central 40.3% Atlantic 11.4%

Atlantic 7.8%

NFDM West 60.4%

Central 23.0% Atlantic 16.6%

DAIRY DATA HIGHLIGHTS 2025

63


TABLE 39

Plants Processing Dairy Products and Volume Per Plant, Selected Years PRODUCT

PROCESSING PLANTS 2010

2020

AVERAGE OUTPUT PER PLANT 2023

2024

(Number of Plants)

2000

2010

2020

2023

(Thousand Pounds)

Butter

76

102

93

97

20,579

21,038

22,704

23,047

Total Cheese

515

533

523

509

20,278

24,840

27,066

27,995

American Cheese

211

250

264

267

20,329

21,353

21,778

20,886

Cheddar

197

234

249

247

16,421

16,361

16,044

15,325

Italian Cheese

176

196

190

189

25,089

28,634

30,825

31,880

Mozzarella

121

122

114

118

28,756

36,427

40,406

40,581

Swiss Cheese

54

63

66

69

6,231

5,157

5,075

5,221

Cottage Cheese¹

67

54

48

47

6,461

7,022

8,303

9,624

Cream/Neufchatel Cheese

32

31

33

30

23,277

32,651

34,718

38,552

Processed Cheese

26

28

31

33

44,101

59,894

68,253

64,208

Sour Cream

116

102

97

92

10,586

14,322

15,697

16,813

Yogurt²

120

157

155

155

34,839

28,725

29,616

31,480

Evap/Condensed Milk³

6

7

4

4

83,778

77,886

116,096

122,765

Ice Cream⁴

393

401

390

390

2,083

1,912

1,816

1,889

Frozen Yogurt⁵

85

76

63

60

229

203

194

230

Sherbet⁶

177

130

110

105

263

256

193

194

Nonfat Dry Milk⁷

49

54

47

43

31,888

36,146

39,753

38,806

Skim Milk Powder⁸

10

18

18

17

25,380

38,624

38,385

35,256

Whole Milk Powder⁹

13

13

13

11

5,466

10,624

8,498

10,124

Milk Protein Concentrate¹⁰

9

13

11

11

9,846

15,870

19,730

30,273

Dry Buttermilk

26

22

21

22

3,155

5,764

6,757

6,928

Dry Whey¹¹

31

27

29

28

30,990

34,824

30,520

28,507

Whey Protein Concentrate¹²

41

49

44

45

9,591

9,554

11,190

10,712

Whey Protein Isolate¹³

13

17

20

19

4,717

6,616

7,158

10,135

Lactose

31

30

29

30

29,304

37,348

38,122

36,954

Fluid Milk

404

453

448

441

135,818

102,353

95,583

97,910

Total Manufacturing Plants

1,250

1,231

1,206

1,183

N/A

N/A

N/A

N/A

¹ Cottage cheese, curd. ² Yogurt, plain and flavored (non-frozen). ³ Canned evaporated and condensed whole milk. ⁴ Thousand Gallons, Hard regular ice cream. ⁵ Thousand Gallons, Hard regular and lowfat frozen yogurt. ⁶ Thousand Gallons, Hard sherbet. ⁷ Nonfat dry milk for food use, excludes protein-standardized skim milk powders. ⁸ Dry skim powders. ⁹ Dry whole milk. ¹⁰ 40% or more protein by weight. ¹¹ Dry whey for human consumption. ¹² Whey protein concentrate for human consumption. ¹³ 90% or more protein by weight.

64 NMPF/USDEC DAIRY ECONOMICS


Government Cost of Farm Commodity Programs

DAIRY DATA HIGHLIGHTS 2025

65


TABLE 40

Commodity Credit Corporation Net Outlays by Commodity, Fiscal Year COMMODITY PROGRAM

1995

2000

2005

2010

2015

20201

2021

2022

2023

2024

(Million Dollars) Feed Grains

2,392

11,579

6,813

2,226

247

736

3,125

1,113

854

1,716

Wheat

803

5,321

1,232

1,280

143

470

1,848

926

95

253

Rice

814

1,774

473

535

18

635

686

494

151

257

Upland Cotton

99

3,809

4,245

1,668

1,013

118

2,179

2,059

2

12

Tobacco

(298)

657

(411)

21

(225)

0

0

0

0

0

Dairy

4

684

40

355

(66)

209

781

397

1,124

1,520

Soybeans

77

2,840

1,140

550

30

184

1,192

512

442

727

Peanuts

120

35

408

103

74

297

1,293

1,322

935

920

Sugar

(3)

465

(86)

0

0

0

1,050

930

1,025

1,015

Honey

(9)

7

8

0

0

2

4

2

2

4

108

(2)

7

8

N/A

0

0

0

0

0

1,361

216

(1,443)

405

230

196

563

392

655

561

0

1,774

1,851

1,919

1,741

1,854

2,090

1,814

1,895

1,987

Other

557

2,310

5,829

960

3,764

12,452

2,685

2,946

5,283

8,506

Total

6,030

32,265

20,187

10,015

6,969

17,153

17,496

12,907

12,463

17,478

Wool and Mohair

Export Programs Conservation Programs

Source: USDA/ERS, Agricultural Outlook Tables; USDA Budget Summary annual publications. ¹ Does not include 8,500 million dollars in Coronavirus Food Assistance Program (CFAP) payments during Fiscal Year 2020. CFAP payments were not CCC outlays but supplemental funding under the Office of the Secretary of Agriculture. Dairy’s share of the 30,561 million dollars of total CFAP payments during fiscal years 2020 and 2021 was 3,027 million dollars, or 9.9% of the total.

66 NMPF/USDEC DAIRY ECONOMICS


FIGURE 19

Dairy Share Of Total Commodity Credit Corporation Outlays 50%

40%

30%

20%

10%

0%

1980

1985

1990

1995

2000

2005

2010

2015

2020

-10%

DAIRY DATA HIGHLIGHTS 2025

67


U.S. Dairy Trade

68 NMPF/USDEC DAIRY ECONOMICS


FIGURE 20

Share of U.S. Dairy Exports by Destination

DAIRY DATA HIGHLIGHTS 2025

69


TABLE 41

U.S. Fresh Milk and Cream Exports IMPORTING REGION/ COUNTRY

VOLUME

2020

2021

2022

2023

2024

(Metric Tons)

SHARE

VALUE

2024

2024

(Percent)

(Thousand Dollars)

FRESH MILK AND CREAM (HTS 0401) North America

65,481

76,902

78,810

86,222

107,929

72.1%

$112,261

Canada

37,991

50,091

52,473

54,836

68,554

45.8%

$71,241

Mexico

27,338

26,683

26,173

31,149

39,138

26.1%

$40,091

Caribbean

4,188

4,936

7,228

4,059

4,485

3.0%

$8,330

Dominican Republic

1,398

1,272

1,252

1,307

1,606

1.1%

$2,770

Bahamas

1,361

2,965

4,916

1,274

912

0.6%

$1,230

Central America

550

205

355

557

868

0.6%

$1,721

South America

279

231

366

582

273

0.2%

$552

European Union-27

222

127

206

114

106

0.1%

$226

France

66

103

680

30

41

0.0%

$246

Other Europe

0

0

37

3

128

0.1%

$197

Russia/Central Asia

0

0

0

0

0

0.0%

$0

Middle East

10

161

151

0

32

0.0%

$124

North Africa

74

0

0

0

0

0.0%

$0

Subsaharan Africa

12

164

119

27

24

0.0%

$48

South Asia

6

5

0

25

17

0.0%

$31

Southeast Asia

2,157

1,469

875

857

799

0.5%

$1,603

East Asia

52,728

57,089

55,884

43,215

35,420

23.7%

$39,599

Taiwan

51,188

55,356

54,648

42,086

34,957

23.4%

$38,880

Oceania

190

147

219

233

415

0.3%

$601

Other

0

0

0

0

0

0.0%

$0

World Total

125,416

141,335

144,575

135,367

149,670

100.0%

$163,820

Source: USDA/FAS

70 NMPF/USDEC DAIRY ECONOMICS


TABLE 42

U.S. Butter Exports IMPORTING REGION/ COUNTRY

VOLUME

2020

2021

2022

2023

2024

(Metric Tons)

SHARE

VALUE

2024

2024

(Percent)

(Thousand Dollars)

BUTTER/OTHER MILKFATS North America

12,891

20,262

36,985

26,785

33,347

72.1%

$181,015

Canada

9,210

16,890

22,420

22,408

28,312

61.2%

$158,678

Mexico

3,643

3,320

14,480

4,290

4,961

10.7%

$21,843

Caribbean

1,051

2,925

3,242

1,548

3,122

6.8%

$11,088

242

1,987

1,402

174

1,855

4.0%

$3,705

Central America

738

1,888

1,977

2,334

3,483

7.5%

$15,400

Panama

360

914

955

868

1,194

2.6%

$4,838

South America

58

65

118

106

596

1.3%

$2,506

European Union-27

484

453

647

449

474

1.0%

$1,569

Other Europe

299

2,159

350

109

303

0.7%

$1,599

Russia/Central Asia

1

7

32

12

18

0.0%

$60

Middle East

0

230

0

0

0

0.0%

$0

Bahrain

6,282

11,939

11,599

584

1,140

2.5%

$4,895

Saudi Arabia

98

78

37

19

463

1.0%

$1,560

North Africa

87

4,030

1,591

19

0

0.0%

$0

Egypt

10

395

77

4

2

0.0%

$15

Subsaharan Africa

33

28

33

19

16

0.0%

$47

South Asia

253

2,050

957

637

1,020

2.2%

$3,534

Southeast Asia

17

39

171

69

658

1.4%

$1,847

East Asia

4,004

9,007

11,039

3,144

3,297

7.1%

$20,750

South Korea

1,824

3,422

8,755

1,999

2,256

4.9%

$15,330

Taiwan

958

1,021

1,335

595

580

1.3%

$2,085

Oceania

38

1,593

101

6

14

0.0%

$110

Other

0

10

0

0

0

0.0%

$0

World Total

26,170

56,976

68,630

35,653

46,235

100.0%

$240,082

Dominican Republic

Source: USDA/FAS

DAIRY DATA HIGHLIGHTS 2025

71


TABLE 42

U.S. Cheese Exports IMPORTING REGION/ COUNTRY

VOLUME

2020

2021

2022

2023

2024

(Metric Tons)

SHARE

VALUE

2024

2024

(Percent)

(Thousand Dollars)

CHEESE (HTS 0406) North America

104,271

119,257

139,939

169,693

214,599

42.1%

$1,025,312

Mexico

92,896

104,543

123,574

148,303

192,579

37.7%

$896,094

Canada

10,764

13,993

15,681

20,742

21,431

4.2%

$124,801

Caribbean

15,381

17,453

22,057

23,167

25,282

5.0%

$143,579

7,208

8,492

11,104

11,937

13,274

2.6%

$70,676

Central America

23,130

35,002

40,556

44,819

54,278

10.6%

$279,527

Panama

6,998

9,900

12,022

17,300

19,136

3.8%

$93,771

Guatemala

6,775

10,606

13,456

10,296

12,748

2.5%

$65,557

South America

17,529

23,151

21,845

20,634

26,442

5.2%

$128,095

11,022

14,501

11,828

11,584

13,551

2.7%

$61,625

European Union-27

1,142

1,337

1,631

1,187

1,221

0.2%

$6,285

Other Europe

141

37

106

52

87

0.0%

$731

Russia/Central Asia

8

5

10

6

11

0.0%

$97

Middle East

15,521

20,584

28,607

20,002

25,462

5.0%

$118,226

5,492

8,183

12,781

8,959

11,472

2.2%

$51,502

North Africa

599

1,122

2,147

997

3,254

0.6%

$13,774

Subsaharan Africa

72

110

113

194

38

0.0%

$233

South Asia

50

113

32

26

106

0.0%

$427

Southeast Asia

24,714

23,541

24,362

15,189

17,045

3.3%

$83,320

East Asia

125,313

131,421

138,188

107,206

111,972

21.9%

$523,280

South Korea

70,168

69,387

75,789

45,346

56,048

11.0%

$261,831

Japan

37,000

41,244

48,361

40,785

41,533

8.1%

$181,788

Oceania

27,639

28,480

31,300

29,866

30,485

6.0%

$121,523

24,140

24,964

28,762

27,335

27,749

5.4%

$111,195

Other

2

0

3

0

0

0.0%

$0

World Total

355,511

401,613

450,896

433,038

510,282

100.0%

$2,444,413

Dominican Republic

Chile

Saudi Arabia

Australia

Source: USDA/FAS

72 NMPF/USDEC DAIRY ECONOMICS


TABLE 43

U.S. Nonfat Dry Milk/Skim Milk Powder Exports IMPORTING REGION/ COUNTRY

VOLUME

2020

2021

2022

2023

2024

(Metric Tons)

SHARE

VALUE

2024

2024

(Percent)

(Thousand Dollars)

NONFAT DRY MILK/SKIM MILK POWDER, Less Than 1.5% Fat (HTS 0402.10) North America

289,895

340,598

362,045

419,123

392,376

52.7%

$1,076,607

Mexico

287,099

337,575

359,719

417,022

389,886

52.4%

$1,069,440

Caribbean

9,637

13,456

15,252

12,722

14,540

2.0%

$41,476

7,493

11,902

12,111

10,164

10,300

1.4%

$28,119

Central America

16,733

20,022

27,668

30,159

25,141

3.4%

$69,010

South America

57,608

51,513

44,521

47,525

46,485

6.2%

$129,094

Colombia

28,828

24,333

21,139

22,616

19,201

2.6%

$52,261

Peru

15,780

15,261

16,093

15,452

18,190

2.4%

$51,216

European Union-27

948

7,332

1,710

676

2,887

0.4%

$9,567

Other Europe

286

231

197

265

4

0.0%

$13

Russia/Central Asia

2,763

265

421

1,188

0

0.0%

$0

Middle East

8,950

14,845

10,079

13,555

14,115

1.9%

$39,864

North Africa

27,053

38,622

6,290

6,966

5,095

0.7%

$13,801

Subsaharan Africa

5,320

2,115

773

336

136

0.0%

$339

South Asia

14,555

9,768

2,321

6,679

2,873

0.4%

$7,842

Southeast Asia

325,121

317,218

299,646

238,431

216,257

29.1%

$587,904

Philippines

115,670

112,475

115,542

86,339

87,312

11.7%

$237,155

Indonesia

97,383

76,621

80,120

64,508

49,281

6.6%

$132,449

Malaysia

41,081

36,088

44,949

28,301

31,682

4.3%

$87,935

Vietnam

52,453

71,912

39,636

36,887

28,055

3.8%

$75,364

Thailand

10,021

10,323

12,620

14,859

13,483

1.8%

$36,437

East Asia

43,015

59,198

59,826

28,078

22,543

3.0%

$61,838

China

26,681

52,822

51,208

21,090

11,717

1.6%

$33,321

Oceania

8,306

3,411

2,754

3,004

1,638

0.2%

$5,059

Other

0

0

0

0

0

0.0%

$0

World Total

810,190

878,594

833,502

808,706

744,088

100.0%

$2,042,417

Dominican Republic

Source: USDA/FAS

DAIRY DATA HIGHLIGHTS 2025

73


TABLE 43

U.S. Whole Milk Powder Exports IMPORTING REGION/ COUNTRY

VOLUME

2020

2021

2022

2023

2024

(Metric Tons)

SHARE

VALUE

2024

2024

(Percent)

(Thousand Dollars)

WHOLE MILK POWDER, More Than 1.5% Fat (HTS 0402.21 and 0402.29) North America

5,141

8,062

8,265

7,641

8,954

35.2%

$26,503

Mexico

2,871

5,432

5,178

4,042

5,923

23.3%

$14,214

Canada

1,898

2,219

2,950

3,551

2,954

11.6%

$11,897

Caribbean

2,263

1,113

1,337

1,061

3,342

13.1%

$11,612

0

0

1

248

2,654

10.4%

$8,590

Central America

1,976

800

1,103

528

517

2.0%

$2,482

El Salvador

4,369

4,262

6,759

2,462

703

2.8%

$2,355

South America

578

937

1,281

685

362

1.4%

$1,204

Peru

2,968

2,586

3,288

1,705

236

0.9%

$752

Colombia

12,913

13,359

16,923

12,804

11,005

43.2%

$39,524

European Union-27

11,416

12,285

16,332

12,371

10,575

41.6%

$38,931

Other Europe

15

7

14

14

284

1.1%

$281

Russia/Central Asia

89

193

84

285

135

0.5%

$603

Middle East

78

10

0

16

0

0.0%

$0

0

2

11

0

0

0.0%

$0

North Africa

2,416

1,385

935

13

243

1.0%

$484

Algeria

2,490

2,934

1,857

0

133

0.5%

$121

463

187

55

82

9

0.0%

$72

1

0

96

0

0

0.0%

$0

Southeast Asia

3,131

2,274

840

873

88

0.3%

$267

East Asia

4,589

5,127

1,731

519

836

3.3%

$3,097

China

306

658

804

228

638

2.5%

$2,582

South Korea

4,184

4,393

910

277

171

0.7%

$468

Oceania

575

195

44

5

3

0.0%

$22

Other

0

0

0

0

0

0.0%

$0

World Total

38,517

39,102

38,935

25,761

25,451

100.0%

$84,657

Dominican Republic

United Arab Emirates

Subsaharan Africa South Asia

Source: USDA/FAS

74 NMPF/USDEC DAIRY ECONOMICS


TABLE 44

U.S. Ice Cream Exports IMPORTING REGION/ COUNTRY

VOLUME

2020

2021

2022

2023

2024

(Metric Tons)

SHARE

VALUE

2024

2024

(Percent)

(Thousand Dollars)

ICE CREAM (HTS 2105) North America

28,244

29,364

28,204

30,084

31,099

48.1%

$102,228

Mexico

22,536

23,125

21,672

23,640

26,421

40.9%

$83,067

Canada

5,104

5,558

5,938

5,862

4,042

6.3%

$17,061

Caribbean

4,958

4,917

5,812

5,201

5,414

8.4%

$19,668

754

676

1,088

915

1,110

1.7%

$4,021

Central America

1,012

1,014

987

1,072

1,050

1.6%

$4,036

South America

1,225

2,098

1,592

907

1,227

1.9%

$4,746

European Union-27

3,004

3,549

2,479

2,168

2,008

3.1%

$7,465

Other Europe

717

1,364

1,137

1,067

893

1.4%

$3,255

Russia/Central Asia

2,049

564

302

242

217

0.3%

$877

Middle East

164

120

40

29

0

0.0%

$0

Saudi Arabia

11,877

13,002

13,733

13,218

9,471

14.6%

$39,376

United Arab Emirates

5,732

5,909

6,094

6,199

4,402

6.8%

$18,543

Qatar

2,833

3,567

3,604

3,655

2,877

4.4%

$11,403

Kuwait

47

76

164

127

142

0.2%

$629

North Africa

832

1,123

471

256

150

0.2%

$537

Subsaharan Africa

266

469

347

351

211

0.3%

$953

South Asia

4,878

4,601

5,228

3,627

3,959

6.1%

$17,039

Southeast Asia

1,729

2,171

2,531

1,939

1,840

2.8%

$7,736

Malaysia

1,013

724

941

800

1,157

1.8%

$5,413

4,950

7,806

7,133

5,481

4,841

7.5%

$21,068

South Korea

3,251

3,956

4,152

2,527

2,369

3.7%

$9,445

China

430

2,103

1,890

2,067

1,787

2.8%

$8,413

Oceania

8,983

4,752

6,179

4,759

5,030

7.8%

$22,947

Australia

7,869

3,959

5,296

4,115

4,498

7.0%

$20,934

Other

0

0

0

0

2

0.0%

$7

World Total

72,195

73,805

72,819

67,515

64,663

100.0%

$240,797

Dominican Republic

East Asia

Source: USDA/FAS

DAIRY DATA HIGHLIGHTS 2025

75


TABLE 44

U.S. Yogurt Exports IMPORTING REGION/ COUNTRY

VOLUME

2020

2021

2022

2023

2024

(Metric Tons)

SHARE

VALUE

2024

2024

(Percent)

(Thousand Dollars)

YOGURT (HTS 0403.10 and 0403.20) North America

4,885

6,701

6,674

9,801

13,585

48.9%

$37,157

Mexico

3,458

4,901

4,788

7,949

11,856

42.6%

$31,599

Canada

894

1,220

1,403

1,147

945

3.4%

$3,008

Bermuda

534

580

483

706

785

2.8%

$2,550

4,424

4,245

4,289

4,631

5,734

20.6%

$20,235

1,180

1,112

939

944

907

3.3%

$3,415

774

687

787

708

861

3.1%

$3,001

Bahamas

337

472

578

674

813

2.9%

$3,733

Dominican Republic

0

0

0

11

721

2.6%

$1,275

Central America

693

1,305

1,307

1,729

2,426

8.7%

$10,085

Panama

407

912

865

1,027

1,416

5.1%

$5,750

South America

156

340

612

613

813

2.9%

$2,720

European Union-27

178

197

193

117

151

0.5%

$467

Other Europe

0

0

0

0

0

0.0%

$0

Russia/Central Asia

0

0

0

0

12

0.0%

$25

Middle East

151

187

250

161

255

0.9%

$823

North Africa

7

37

0

0

8

0.0%

$25

Subsaharan Africa

6

39

0

6

24

0.1%

$52

South Asia

0

17

13

0

7

0.0%

$15

Southeast Asia

210

250

332

140

349

1.3%

$1,181

East Asia

2,579

5,526

4,073

3,004

2,798

10.1%

$7,121

South Korea

846

3,845

2,832

1,967

1,886

6.8%

$4,418

Taiwan

1,199

1,228

1,069

839

857

3.1%

$2,456

1,043

901

1,007

971

1,642

5.9%

$3,494

1,040

899

1,005

969

1,637

5.9%

$3,476

Other

0

0

0

0

0

0.0%

$0

World Total

14,334

19,745

18,749

21,172

27,805

100.0%

$83,397

Caribbean Trinidad and Tobago Windward and Leeward Islands

Oceania Australia

Source: USDA/FAS

76 NMPF/USDEC DAIRY ECONOMICS


TABLE 45

U.S. Whey Exports IMPORTING REGION/ COUNTRY

VOLUME

2020

2021

2022

2023

2024

(Metric Tons)

SHARE

VALUE

2024

2024

(Percent)

(Thousand Dollars)

WHEY (HTS 0404.10 and 3502.20) North America

74,434

82,647

99,456

89,323

89,507

14.9%

$273,775

Canada

38,877

43,322

41,546

45,546

47,214

7.8%

$73,732

Mexico

35,517

39,305

57,857

43,617

42,199

7.0%

$199,657

Caribbean

1,988

1,365

2,030

1,737

1,675

0.3%

$3,250

Central America

10,492

12,966

12,976

11,852

13,865

2.3%

$16,677

South America

16,229

15,882

24,735

28,753

30,251

5.0%

$127,494

European Union-27

2,371

2,804

4,733

9,849

8,145

1.4%

$83,159

Other Europe

8,796

6,033

8,736

6,608

7,195

1.2%

$107,382

Russia/Central Asia

4,299

4,978

2,910

4,230

2,852

0.5%

$17,763

Middle East

42

228

5

13

27

0.0%

$161

North Africa

1,280

1,298

4,618

3,769

5,060

0.8%

$7,550

Subsaharan Africa

2,621

2,784

1,793

1,804

1,951

0.3%

$2,992

South Asia

2,474

4,425

3,398

1,364

4,748

0.8%

$9,873

Southeast Asia

7,290

4,193

4,359

5,099

4,702

0.8%

$36,901

Indonesia

121,697

124,152

134,006

120,965

133,706

22.2%

$185,056

Vietnam

30,368

27,363

34,245

31,434

46,967

7.8%

$65,791

Philippines

24,893

33,763

34,003

31,259

32,184

5.3%

$28,321

Malaysia

30,903

29,035

32,082

28,390

28,354

4.7%

$32,308

Thailand

13,232

15,138

10,505

14,527

15,462

2.6%

$27,489

East Asia

270,468

325,742

367,658

282,930

301,599

50.1%

$606,826

China

222,566

272,962

307,327

232,985

245,017

40.7%

$370,672

Japan

26,816

26,927

31,754

28,136

31,952

5.3%

$158,008

South Korea

14,644

19,836

21,385

13,846

17,028

2.8%

$54,858

Oceania

33,066

24,123

9,876

4,754

4,492

0.7%

$21,790

Other

0

0

0

0

0

0.0%

$0

World Total

556,496

612,924

677,487

564,369

601,629

100.0%

$1,417,490

Source: USDA/FAS

DAIRY DATA HIGHLIGHTS 2025

77


TABLE 45

U.S. Lactose Exports IMPORTING REGION/ COUNTRY

VOLUME

2020

2021

2022

2023

2024

(Metric Tons)

SHARE

VALUE

2024

2024

(Percent)

(Thousand Dollars)

LACTOSE (HTS 1702.11 and 1702.19) North America

43,895

41,201

42,139

50,092

53,813

12.5%

$52,590

Mexico

36,733

35,890

34,727

43,193

46,972

10.9%

$44,746

Caribbean

666

269

505

507

505

0.1%

$555

Central America

994

491

892

949

1,011

0.2%

$1,144

South America

18,513

19,875

22,645

26,246

31,343

7.3%

$35,779

European Union-27

5,583

7,555

6,683

7,853

13,778

3.2%

$14,587

Other Europe

4,921

3,558

6,138

6,852

5,641

1.3%

$12,423

Russia/Central Asia

136

92

161

216

1,280

0.3%

$1,946

Middle East

0

0

3

0

0

0.0%

$0

North Africa

2,173

1,385

1,424

2,124

1,881

0.4%

$3,764

Subsaharan Africa

953

952

709

1,219

1,860

0.4%

$2,895

South Asia

4,147

7,243

9,393

3,348

4,119

1.0%

$3,448

Southeast Asia

22,656

13,277

12,839

19,126

16,069

3.7%

$20,864

Indonesia

93,325

95,724

95,447

85,840

80,984

18.8%

$76,389

Vietnam

23,482

21,351

26,292

18,631

21,070

4.9%

$20,053

Philippines

14,377

15,607

14,394

18,162

14,886

3.5%

$14,645

Singapore

17,901

24,726

19,155

18,813

14,694

3.4%

$12,371

Thailand

16,040

17,519

14,528

13,903

14,569

3.4%

$13,718

East Asia

131,332

152,562

191,868

209,836

171,454

39.8%

$148,703

China

68,044

86,992

118,356

145,058

109,508

25.4%

$95,740

Japan

41,734

41,821

53,443

47,231

42,616

9.9%

$35,215

South Korea

17,327

19,029

15,952

13,190

15,388

3.6%

$13,396

53,228

52,972

66,996

63,586

61,055

14.2%

$60,885

45,963

45,585

56,582

58,517

56,576

13.1%

$57,430

Other

0

0

0

0

0

0.0%

$0

World Total

376,938

389,600

451,158

469,939

431,015

100.0%

$421,382

Oceania New Zealand

Source: USDA/FAS

78 NMPF/USDEC DAIRY ECONOMICS


TABLE 46

Commercial Exports and Domestic Disappearance, Milk Equivalent, Total Milk Solids Basis YEAR

COMMERCIAL EXPORTS

DOMESTIC DISAPPEARANCE

COMMERCIAL DISAPPEARANCE

TOTAL

PER CAPITA1

TOTAL

PER CAPITA 2

TOTAL

PER CAPITA3

EXPORT %

(Million Lbs)

(Pounds)

(Million Lbs)

(Pounds)

(Million Lbs)

(Pounds)

(Percent)

1985

571

2.4

127,100

533.0

127,671

535.4

0.4%

1990

1,290

5.2

141,579

566.0

142,869

571.2

0.9%

1995

4,545

17.1

149,427

560.6

153,972

577.6

3.0%

2000

6,545

23.2

159,607

565.7

166,152

588.9

3.9%

2005

13,388

45.3

170,022

575.3

183,410

620.6

7.3%

2006

16,638

55.8

170,384

571.0

187,023

626.8

8.9%

2007

17,753

58.9

172,334

572.1

190,087

631.0

9.3%

2008

20,225

66.5

173,797

571.5

194,022

638.0

10.4%

2009

16,219

52.9

176,113

574.1

192,332

627.0

8.4%

2010

23,872

77.2

172,634

558.1

196,506

635.3

12.1%

2011

25,640

82.3

174,408

559.7

200,049

642.0

12.8%

2012

26,006

82.9

177,945

566.9

203,951

649.8

12.8%

2013

30,726

97.2

175,010

553.7

205,736

650.9

14.9%

2014

31,130

97.8

177,869

558.7

208,998

656.4

14.9%

2015

28,827

89.9

184,288

574.6

213,115

664.4

13.5%

2016

29,917

92.6

187,802

581.3

217,719

673.9

13.7%

2017

31,276

96.2

187,492

576.7

218,768

672.9

14.3%

2018

34,236

104.7

188,722

577.4

222,958

682.2

15.4%

2019

31,634

96.3

192,153

585.2

223,787

681.6

14.1%

2020

35,592

107.4

191,491

577.6

227,083

685.0

15.7%

2021

38,580

116.2

192,875

580.9

231,455

697.1

16.7%

2022

40,399

121.2

191,448

574.4

231,847

695.6

17.4%

2023

37,482

111.9

195,924

585.0

233,406

696.9

16.1%

2024

37,083

109.0

195,847

575.8

232,931

684.9

15.9%

Source: USDA/Economic Research Service, U.S. Census Bureau and NMPF. ¹ Total exports per U.S. resident. ² Per capita comsumption by U.S. resident population. ³ Total commercial disappearance per U.S. resident.

DAIRY DATA HIGHLIGHTS 2025

79


FIGURE 21

Commercial Exports 45,000

40,000

Million Pounds (ME, TSB)

35,000

30,000

25,000

20,000

15,000

10,000

5,000

-

1985

1995

2005

80 NMPF/USDEC DAIRY ECONOMICS

2007

2009

2011

2013

2015

2017

2019

2021

2023


TABLE 47

Dairy Imports, Quota and Non-Quota PRODUCT

TRQ STATUS1

2020

2021

2022

2023

2024

(Thousand Pounds) Cheese Subject to TRQ Cheddar

15,932 5,762 0 26 20,822 17,934 39,465 2,523 14,303 7,133 5,683 435 3,748 2,567 71,515 12,686 169,794 49,067

17,716 8,287 187 71 13,601 26,103 41,519 698 14,195 8,223 7,212 716 5,569 1,142 80,344 16,390 180,342 61,631

16,172 10,114 144 18 15,777 27,881 43,092 411 14,630 5,794 6,205 624 6,199 1,261 79,209 40,028 181,428 86,131

15,265 12,418 120 62 16,331 29,777 32,923 629 14,414 5,552 6,007 371 5,004 1,470 76,123 16,748 166,187 67,027

19,327 8,336 0 105 16,241 25,685 32,570 592 14,812 4,105 6,429 241 4,697 945 78,439 16,431 171,653 56,441

Non-TRQ Cheese2 Goya Pecorino Other Total

344 10,222 115,940 126,506

37 13,728 126,298 140,063

26 17,096 132,377 149,499

11 16,263 150,586 166,860

32 15,169 177,920 193,121

All Cheese³

365,900

414,090

415,338

424,498

472,794

2,237 19,984 11,704 44,239 14,867 66,028 12,555 2,810 203 2,455 10,929 1,165 37,496 45,905 26,537 83,034

2,241 22,005 12,231 31,588 15,028 84,663 8,780 685 175 304 8,896 3,818 37,797 33,973 4,124 80,075

2,241 32,479 12,313 68,849 15,229 94,169 13,219 11,095 878 1,424 9,136 15,698 34,986 17,998 19,273 115,509

2,241 80,634 13,045 56,175 15,138 103,530 13,370 4,305 1,633 234 10,159 10,808 35,541 29,711 31,444 139,307

2,295 88,938 12,292 76,277 15,016 114,186 13,375 3,156 314 1,047 10,021 12,321 33,675 34,646 88,022 164,870

130,121 109,854 64,799 7,060 705 38,355 388,577

147,387 105,478 76,940 7,382 331 37,192 358,345

172,980 134,362 72,819 8,228 51 37,523 366,747

133,848 124,793 71,221 9,022 25 32,340 373,069

121,251 123,126 81,193 7,540 1,102 41,864 396,074

Other American-type Italian Swiss/Emmentaler Edam/Gouda Gruyere Processed Blue-Veined Other Total

Other Dairy (TRQ) Milk and Cream Evap and Cond Milk Butter Butter Substitutes Nonfat Dry Milk Ice Cream Chocolate Preparations4 Other TRQ Products4

In quota Out of quota In quota Out of quota In quota Out of quota In quota Out of quota In quota Out of quota In quota Out of quota In quota Out of quota In quota Out of quota In quota Out of quota

In quota Out of quota In quota Out of quota In quota Out of quota In quota Out of quota In quota Out of quota In quota Out of quota In quota Out of quota In quota Out of quota

Other Dairy (Non-TRQ) Casein and Caseinates Milk Protein Concentrate Whey Lactose Butter Substitutes Chocolate Preparations⁴ Other Food Preparations⁴ Source: USDA/FAS; U.S. Bureau of the Census; NMPF.

¹ TRQ: Tariff Rate Quota. “Out of quota” includes all corresponding quota-type products entering the U.S. on an out-of-quota dutypaid basis. ² Includes non-cow’s milk cheeses. ³ All cheese, including TRQ and non-TRQ cheese. Totals will not add because in-quota TRQ cheese volumes are determined by Customs and Border Protection using different data. ⁴ Includes products whose composition consists only partly of dairy components.

DAIRY DATA HIGHLIGHTS 2025

81


U.S. Economic Indicators and Other Statistics

82 NMPF/USDEC DAIRY ECONOMICS


TABLE 48

Price Indices: Annual Average, Not Seasonally Adjusted YEAR

CONSUMER PRICE INDICES

ALL ITEMS

FOOD AND

DAIRY

INDICES OF PRICES PAID AND RECEIVED BY FARMERS

PRICES RECEIVED

BEVERAGES PRODUCTS ALL FARM PRODUCTS

(1982-1984 = 100)

PRICES PAID

LIVESTOCK & DAIRY

PRODUCTION

WAGES, ETC.

PRODUCTS

ITEMS

(PPITW)

PRODUCTS

FEED

(1910-1914 = 100)

1955

26.8

27.8

32.1

232

246

247

251

276

211

1960

29.6

30.0

35.4

239

296

259

265

300

194

1965

31.5

32.2

36.0

248

315

260

276

321

207

1970

38.8

40.1

44.7

280

405

350

314

390

216

1975

53.8

60.2

62.6

466

567

537

532

613

406

1980

82.4

86.7

90.9

624

878

798

822

978

479

1985

107.6

105.6

103.2

579

802

779

878

1,131

464

1990

130.7

132.1

126.5

660

1,088

837

958

1,310

501

1995

152.4

148.4

132.8

646

868

783

1,051

1,454

502

2000

172.2

167.8

160.7

611

955

757

1,117

1,588

497

2005

195.3

190.7

182.4

726

1,201

931

1,361

1,891

571

2010

218.1

219.6

199.2

850

1,256

1,000

1,825

2,434

879

2011

224.9

227.8

212.7

1,032

1,540

1,239

2,082

2,706

1,102

2012

229.6

233.7

217.2

1,083

1,633

1,140

2,193

2,824

1,270

2013

233.0

237.0

217.5

1,104

1,669

1,230

2,237

2,877

1,295

2014

236.7

242.5

225.3

1,113

2,049

1,475

2,376

3,031

1,266

2015

237.0

246.8

222.4

1,024

1,872

1,054

2,331

2,996

1,168

2016

240.0

247.6

217.3

935

1,530

1,003

2,179

2,863

1,118

2017

245.1

249.8

217.5

963

1,571

1,086

2,176

2,882

1,045

2018

251.1

253.4

216.5

934

1,497

1,001

2,229

2,966

1,113

2019

255.7

258.0

218.7

928

1,502

1,147

2,224

2,986

1,146

2020

258.8

266.6

228.3

980

1,406

1,116

2,201

2,980

1,169

2021

271.0

276.9

231.4

1,135

1,646

1,141

2,431

3,242

1,340

2022

292.7

303.4

259.3

1,344

1,892

1,560

2,842

3,720

1,522

2023

304.7

320.5

269.5

1,202

2,127

1,252

2,880

3,807

1,477

2024

313.7

327.7

268.9

1,234

2,262

1,387

2,827

3,783

1,286

Source: Bureau of Labor Statistics and USDA/NASS, Agricultural Prices

DAIRY DATA HIGHLIGHTS 2025

83


TABLE 49

Minutes of Work Required to Purchase Selected Dairy Products AVERAGE YEAR

HOURLY

MINUTES WORKED TO EARN MONEY TO PURCHASE

EARNINGS WHOLE MILK

BUTTER

CHEESE

ICE CREAM

(Dollars per hour)

(1/2 Gallon¹)

(1 Pound)

(1 Pound)

(1/2 Gallon)

1960

$2.09

14.1

21.5

19.7

24.9

1965

$2.63

10.8

17.1

17.1

18.1

1970

$3.40

10.1

15.3

17.8

14.9

1975

$4.73

10.1

13.0

19.4

15.5

1980

$6.84

9.3

16.5

19.6

16.3

1985

$8.73

7.8

14.5

17.4

15.8

1990

$10.19

8.3

11.7

n/a

15.3

1995

$11.65

7.5

8.2

17.3

13.6

2000

$14.02

11.9

10.8

16.4

14.8

2005

$16.12

11.9

12.2

16.3

13.9

2010

$19.06

10.3

9.9

14.8

14.1

2011

$19.44

11.0

11.1

16.7

15.2

2012

$19.73

10.6

9.8

17.1

15.3

2013

$20.14

10.3

9.7

16.6

14.9

2014

$20.60

10.7

10.9

16.1

14.2

2015

$21.03

9.8

11.0

15.3

13.5

2016

$21.55

8.9

10.9

14.6

13.3

2017

$22.05

8.8

11.0

13.3

12.8

2018

$22.70

7.7

10.8

13.6

12.5

2019

$23.51

7.7

10.2

13.5

12.3

2020

$24.68

8.1

8.8

13.4

12.0

2021

$25.90

8.2

8.3

12.6

11.3

2022

$27.56

8.9

9.6

12.5

11.8

2023

$28.93

8.4

9.5

12.1

12.2

2024

$30.13

7.9

9.4

11.3

12.2

Source: Bureau of Labor Statistics. Average hourly earnings for private production and nonsupervisory workers. ¹ Per gallon beginning 1996.

84 NMPF/USDEC DAIRY ECONOMICS


TABLE 50

Commodity Receipts from Marketings COMMODITY

1990

2000

2010

2020

2023

2024

(Billion Dollars) Livestock Products Cattle and Calves

39.2

40.8

51.2

63.3

101.1

108.5

Dairy Products

20.2

20.6

31.4

40.4

45.9

50.8

Hogs

11.5

11.8

17.9

19.2

27.2

28.9

Poultry and Eggs

15.3

21.9

34.7

35.2

67.1

75.0

Sheep/Other Livestock

3.0

4.6

5.1

7.0

8.3

8.5

89.1

99.6

140.3

165.0

249.6

271.6

Feed Crops

18.7

20.5

55.1

57.5

88.4

74.5

Oil Crops

12.3

13.5

36.5

43.8

59.5

50.5

Vegetables

11.3

15.8

17.4

21.1

26.0

27.6

Food Grains

7.5

6.5

14.3

11.8

15.6

14.8

Fruits and Nuts

9.4

12.3

21.6

27.8

28.8

29.5

Cotton

5.5

2.9

7.5

6.8

7.1

5.3

Tobacco

2.7

2.3

1.2

0.8

1.0

0.8

Other Crops

12.9

18.6

24.4

32.8

40.9

42.2

Total Crops

80.2

92.5

178.2

202.5

267.4

245.2

Commodity Receipts

169.3

192.1

318.4

367.5

516.9

516.8

Direct Government Payments

9.3

23.2

12.4

45.6

12.3

9.3

Total Receipts

178.6

215.3

330.8

413.1

529.2

526.1

Total Livestock Crops

Source: USDA / ERS: Agricultural Outlook Tables, Cash Receipts data.

DAIRY DATA HIGHLIGHTS 2025

85


TABLE 51

Nation’s Top Dairy Cooperatives, 2024 RANK

DAIRY COOPERATIVE

HEADQUARTERS

MILK VOLUME

MEMBER FARMS

(Billion Lbs) 1

Dairy Farmers of America Inc.*

Kansas City, KS

55.7

5,000

2

Edge Dairy Farmer Cooperative

Green Bay, WI

17.0

775

3

California Dairies Inc.*

Visalia, CA

16.6

257

4

Land O' Lakes Inc.*

St. Paul, MN

12.8

1,219

5

Select Milk Producers Inc.

Artesia, NM

9.4

110

6

Northwest Dairy Association*

Seattle, WA

8.3

239

7

FarmFirst Dairy Cooperative

Madison, WI

8.2

2,535

8

Foremost Farms USA*

Baraboo, WI

5.8

746

9

Michigan Milk Producers Association*

Novi, MI

5.0

583

10

Associated Milk Producers Inc.*

New Ulm, MN

4.2

685

11

United Dairymen of Arizona*

Tempe, AZ

4.0

54

12

Agri-Mark Inc.*

Andover, MA

3.1

452

13

First District Association*

Litchfield, MN

3.0

572

14

Lone Star Milk Producers Inc*

Wichita Falls, TX

2.8

99

15

Prairie Farms Dairy Inc.*

Edwardsville, IL

2.8

643

16

Upstate Niagara Cooperative Inc.*

Batavia, NY

2.7

260

17

Maryland and Virginia Milk Producers Co-op Assn.*

Herndon, VA

2.3

841

18

National Farmers Organization Inc.

Ames, IA

2.0

1,678

19

Cayuga Marketing LLC*

Auburn, NY

1.5

32

20

Tillamook County Creamery Association*

Tillamook, OR

1.4

61

21

Organic Valley/CROPP

La Farge, WI

1.4

1,457

22

Bongards’ Creameries*

Bongards, MN

1.3

169

23

Legacy Milk Cooperative Inc.

Turlock, CA

1.1

18

24

High Desert Milk Inc.

Burley, ID

1.0

4

25

Magic Valley Quality Milk Producers Inc.

Jerome, ID

0.9

26

Source: Used by permission from Hoard’s Dairyman. *NMPF member cooperative.

86 NMPF/USDEC DAIRY ECONOMICS


TABLE 52

Number and Net Volume of Products, Supplies and Services by Cooperatives, Selected Years 1995

2005

2015

2023

CO-OPS

NET

CO-OPS

NET

CO-OPS

NET

CO-OPS

NET

HANDLING

VOLUME

HANDLING

VOLUME

HANDLING

VOLUME

HANDLING

VOLUME

(Number)

(Million $)

(Number)

(Million $)

(Number)

(Million $)

(Number)

(Million $)

Cotton

16

2,799

14

3,411

14

2,336

13

2,406

Dairy

241

21,784

193

28,163

112

41,007

93

58,426

Fruits & Vegetables

283

9,272

188

7,256

125

8,301

96

9,490

1,104

19,864

683

22,977

448

49,320

330

82,460

Livestock & Poultry

109

8,065

73

3,437

97

5,581

57

6,791

Rice

19

900

15

856

10

875

12

2,457

Sugar

51

1,869

47

3,357

28

7,569

18

8,012

Other

262

4,796

199

4,693

245

9,903

232

12,599

2,085

69,349

1,412

74,150

1,079

124,892

851

182,641

Crop Protectants

N/A

2,628

n/a

2,952

n/a

10,935

n/a

14,236

Feed

n/a

5,017

n/a

5,381

n/a

12,261

n/a

18,188

Fertilizer

n/a

4,692

n/a

5,370

n/a

15,051

n/a

24,582

Petroleum

n/a

5,211

n/a

9,799

n/a

32,277

n/a

34,692

Seed

n/a

583

n/a

1,252

n/a

5,397

n/a

7,187

Other Supplies

n/a

3,083

n/a

3,672

n/a

5,787

n/a

7,173

Total Farm Supplies

1,447

21,213

1,128

28,426

874

81,709

688

106,058

Total Farm Services

474

3,284

356

3,929

94

5,458

108

7,971

Total Business

4,006

93,847

2,896

106,506

2,047

212,059

1,615

296,670

ITEM

Products Marketed

Grain & Oilseed Products

Total Farm Products

Supplies Sold

Services Provided

Source: USDA / Rural Business-Cooperative Service, Agricultural Cooperative Statistics

“Other” includes total cooperatives handling beans and peas, nuts, tobacco, wool and other misc. Number of cooperatives may not add due to overlap. Most recent publication of these statistics is for 2023

DAIRY DATA HIGHLIGHTS 2025

87


TABLE 53

International Milk Production Statistics, 2024 COW

PRODUCTION

COWS MILK

OTHER MILK

TOTAL MILK

SHARE OF

NUMBERS

PER COW

PRODUCTION

PRODUCTION1

PRODUCTION

TOTAL

(1,000 Head)

(Pounds)

(Million lbs)

(Million lbs)

(Million lbs)

(Percent)

Canada

969

23,525

22,796

22,796

1.0%

Mexico

6,750

4,427

29,884

30,256

1.3%

United States

9,342

24,178

225,868

225,868

10.0%

Argentina

1,490

16,143

24,052

24,052

1.1%

Brazil

17,300

3,186

55,116

6,592

61,707

2.7%

European Union

19,913

16,164

321,875

9,193

331,068

14.7%

United Kingdom

1,840

18,793

34,580

34,580

1.5%

17,813

0.8%

75,116

3.3%

COUNTRY

North America

373

South America

Europe

Commonwealth of Independent States Belarus

1,465

12,114

17,747

66

Russia

6,290

11,942

75,116

Ukraine

1,310

12,194

15,975

231

16,206

0.7%

China

6,380

14,095

89,927

1,852

91,778

4.1%

Japan

705

23,006

16,219

16,219

0.7%

South Korea

193

22,503

4,343

4,343

0.2%

Taiwan

65

15,941

1,036

26

1,063

0.0%

61,500

3,621

222,667

244,052

466,719

20.7%

11

3,407

37

33

71

0.0%

Australia

1,330

14,368

19,110

19,110

0.8%

New Zealand

4,700

10,151

47,708

47,708

2.1%

Total of Above

141,553

8,647

1,224,055

262,418

1,486,473

66.0%

Total, All Countries

308,714

5,926

1,829,515

423,367

2,252,882

100.0%

East Asia

South Asia India Southeast Asia Philippines Oceania

Source: USDA / FAS and UN / FAO. ¹ Other milk production includes buffalo, camels, goats and sheeps milk.

88 NMPF/USDEC DAIRY ECONOMICS


Glossary American Cheese Principally cheddar cheese but includes other varieties such as Colby or Jack. The term does not include Swiss, Muenster, Blue, Italian cheese varieties, and other distinctive types. Commercial Disappearance Commercial consumption calculated as production plus imports less the net change in stocks and non-commercial use. Domestic commercial disappearance is total commercial disappearance less commercial exports. May include farm use, waste, shrinkage, some inventory variation, and products used for other than human consumption. Milk Equivalent The amount of farm milk represented by a quantity of dairy products. Most often used to aggregate stocks, trade, or removals of various dairy products on a common component basis, such as milkfat, skim solids, or total milk solids. Milk Sold to Plants and Dealers A term long used by USDA to mean milk production less that portion utilized on the farm or marketed directly by farmers to consumers. Dairy Margin Coverage (DMC) Program Margin As defined in the 2018 Farm Bill, the income over feed cost margin is equal to the national monthly allmilk price (reported monthly by USDA NASS) minus average feed costs, computed from a formula using national benchmark prices of corn, soybean meal, and alfalfa hay. Formerly the Margin Protection Program for Dairy (MPP) Margin. DMC Feed Cost As defined in the 2018 Farm Bill, the feed cost to be used in calculating premiums is the national average feed cost. It includes the U.S. average corn price/bushel, Cen-tral Illinois soybean meal price/ton, and price of alfalfa hay price/ton. Formerly the MPP (Margin Protection Program for Dairy) Feed Cost. National Average Cost of Feed Calculation =1.0729 X U.S. average corn price/bushel +0.00735 X Central Illinois soybean meal price/ton +0.0137 X Average of U.S. average alfalfa hay price/ton and 5-state average of premium and supreme alfalfa hay (scheduled for recalculation, from January 2020, as 100% of the 5-state dairy quality alfalfa hay price).

DAIRY DATA HIGHLIGHTS 2025

89


Common Conversion Factors Measures of Milk 1 gallon = 8.62 pounds 1 quart = 2.15 pounds 1 pint = 1.08 pounds 1 liter = 2.28 pounds

100 lbs = 11.6 gallons 100 lbs = 46.4 quarts 100 lbs = 92.8 pints 100 lbs = 43.9 liters

Metric System Weight Volume 1 kilogram = 2.2046 pounds 1 liter = 1.057 quarts 1 pound = 0.4536 kilogram 1 quart = 0.9464 liter 1 gram = 0.03527 ounce 1 liter = 2.113 pints 1 ounce = 28.35 grams 1 pint = 0.4732 liter 1 metric ton = 2,204.6 lbs 1 liter = 0.2642 gallons 1 gallon = 3.785 liters Feed Grains Commodity Unit Lbs/Unit Unit/MT Wheat bushel 60 36.744 Soybeans bushel 60 36.744 Corn bushel 56 39.368 Sorghum bushel 56 39.368 Flaxseed bushel 56 39.368 Rye bushel 56 39.368 Barley bushel 48 45.930 Oats bushel 32 68.894 Rice Cwt. 100 22.046

90 NMPF/USDEC DAIRY ECONOMICS


NMPF AND USDEC DAIRY ECONOMICS 2107 Wilson Blvd., Suite 600 Arlington, VA 22201 703.243.6111 | info@nmpf.org | nmpf.org

91 NMPF/USDEC DAIRY ECONOMICS


Turn static files into dynamic content formats.

Create a flipbook