USDA
Milk production forecast increases
USDA’s July Dairy Outlook included production forecast updates that raised U.S. milk production for both 2025 and 2026. Half a billion pounds in 2025 and 900 million pounds in 2026.
Cattle Report: Inventory Down, Prices Up
WASHINGTON D.C. - U.S. Department of Agriculture recently released the April Cattle on Feed Report, which showed still lower cattle inventory year over year, which is a continued sign of attempted inventory buildup.