DAIRY MARKET REPORT VOLUME 28 | ISSUE 7
7/24/2025
OVERVIEW Overall domestic use of dairy has shown good growth in recent months, while dairy exports continue to face headwinds, with bright spots for butter and cheese. Domestic commercial use of total milk solids grew by 2.2% from a year ago during March-May. U.S. exports of cheddar cheese and total American-types grew by 19% during the period. Butter exports were up by 127%. U.S. milk production is fully in an expansion phase this year, following an unusual four-year period of stable production. Milk solids composition of raw milk continues to grow, together providing adequate supplies for the rapidly expanding cheddar cheese production, which increased by almost 10% from a year earlier in May.
COMMERCIAL USE OF DAIRY PRODUCTS U.S. fluid milk sales were down by 0.7% from a year earlier in May. While remaining mostly positive, annual increases in domestic commercial use for both individual
DOMESTIC COMMERCIAL USE
products and overall milk component use during MarchMay were slighly lower than during the prior rolling 3-month period.
MAR-MAY 2025
MAR-MAY 2024
2024-2025 CHANGE
PERCENT CHANGE
(million pounds) Total Fluid Milk Products
10,648
10,798
-150
-1.4%
Yogurt
1,359
1,260
99
7.9%
Butter
591
562
28
5.0%
American-type Cheese
1,407
1,378
29
2.1%
All Other Cheese
2,028
2,021
7
0.3%
Total Cheese
3,434
3,399
35
1.0%
Dry Skim Milk
221
183
38
20.8%
All Products (milk equiv., milkfat basis)
55,014
55,272
-258
-0.5%
All Products (milk equiv., skim solids basis)
48,223
46,568
1,655
3.6%
All Products (milk equiv., total solids basis)
50,402
49,334
1,068
2.2%