Milk production growth continues to improve, with national milk supplies rising 1.2% YOY in October according to the USDA. The overall increase in October was a result of a 0.3% YOY rise in cow numbers while yields were up 0.9% YOY. At 9,418m, cow numbers were up by 1,000 head relative to the prior month and 31,000 head above the same month in 2021.
Among major producing states, October milk production in Wisconsin rose by 0.6% YOY but California fell by 0.5% YOY. Milk production in Idaho, South Dakota, Texas and Iowa continued to improve at impressive rates. Supplies continued to decline in New Mexico (-4.2% YOY), Florida (-12.9% YOY) and Indiana (-0.3% YOY). Output in Washington has fallen YOY each month since May 2020, down 1.7% YOY in October alone.