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U.S. Milk & Dairy — Retail price · Total milk production
U.S. whole milk: farm component and retail prices. U.S. cheddar: farm milk component and retail prices. U.S. stick butter: farm milk component and retail prices. U.S. quarterly milk production and output per cow.
U.S. whole milk: farm component and retail prices
U.S. whole milk: farm component and retail prices. USDA ERS is the U.S. Department of Agriculture Economic Research Service. Farm value estimates a product's raw milk components at regulated minimum prices, not each farmer's actual payment or premium. Class I is the U.S. milk-pricing class for beverages. This chart covers whole milk sold by the U.S. gallon (about 3.785 litres). The lines compare nominal U.S. annual averages from the available official months, not current shelf prices. The percentage panel is farm milk-component value divided by retail price, multiplied by 100. The price gap covers processing, labour, energy, transport and retailing, not net profit. National prices and farm components differ in coverage; these lines do not prove the speed of price transmission. Wheel/Pinch=Zoom · Drag=Box zoom · Alt+Drag/Arrows=Pan · Double-click=Reset
Retail price
Farm value / retail price
- USDA ERS is the U.S. Department of Agriculture Economic Research Service. Farm value estimates a product's raw milk components at regulated minimum prices, not each farmer's actual payment or premium.
- Class I is the U.S. milk-pricing class for beverages. This chart covers whole milk sold by the U.S. gallon (about 3.785 litres).
- The lines compare nominal U.S. annual averages from the available official months, not current shelf prices. The percentage panel is farm milk-component value divided by retail price, multiplied by 100.
- The price gap covers processing, labour, energy, transport and retailing, not net profit. National prices and farm components differ in coverage; these lines do not prove the speed of price transmission.
U.S. cheddar: farm milk component and retail prices
U.S. cheddar: farm milk component and retail prices. USDA ERS is the U.S. Department of Agriculture Economic Research Service. Farm value estimates a product's raw milk components at regulated minimum prices, not each farmer's actual payment or premium. Class III is the U.S. pricing class for milk used in cheese. Cheddar is a firm cheese; values are per lb (pound, about 0.454 kg) of cheese, not a pound of raw milk. The lines compare nominal U.S. annual averages from the available official months, not current shelf prices. The percentage panel is farm milk-component value divided by retail price, multiplied by 100. The price gap covers processing, labour, energy, transport and retailing, not net profit. National prices and farm components differ in coverage; these lines do not prove the speed of price transmission. Wheel/Pinch=Zoom · Drag=Box zoom · Alt+Drag/Arrows=Pan · Double-click=Reset
Retail price
Farm value / retail price
- USDA ERS is the U.S. Department of Agriculture Economic Research Service. Farm value estimates a product's raw milk components at regulated minimum prices, not each farmer's actual payment or premium.
- Class III is the U.S. pricing class for milk used in cheese. Cheddar is a firm cheese; values are per lb (pound, about 0.454 kg) of cheese, not a pound of raw milk.
- The lines compare nominal U.S. annual averages from the available official months, not current shelf prices. The percentage panel is farm milk-component value divided by retail price, multiplied by 100.
- The price gap covers processing, labour, energy, transport and retailing, not net profit. National prices and farm components differ in coverage; these lines do not prove the speed of price transmission.
U.S. stick butter: farm milk component and retail prices
U.S. stick butter: farm milk component and retail prices. USDA ERS is the U.S. Department of Agriculture Economic Research Service. Farm value estimates a product's raw milk components at regulated minimum prices, not each farmer's actual payment or premium. Class IV is the U.S. pricing class for milk used in butter and milk powder. Values are per lb (pound, about 0.454 kg) of stick butter. The replacement series starts in 2018; older definitions are not joined to it. The lines compare nominal U.S. annual averages from the available official months, not current shelf prices. The percentage panel is farm milk-component value divided by retail price, multiplied by 100. The price gap covers processing, labour, energy, transport and retailing, not net profit. National prices and farm components differ in coverage; these lines do not prove the speed of price transmission. Wheel/Pinch=Zoom · Drag=Box zoom · Alt+Drag/Arrows=Pan · Double-click=Reset
Retail price
Farm value / retail price
- USDA ERS is the U.S. Department of Agriculture Economic Research Service. Farm value estimates a product's raw milk components at regulated minimum prices, not each farmer's actual payment or premium.
- Class IV is the U.S. pricing class for milk used in butter and milk powder. Values are per lb (pound, about 0.454 kg) of stick butter. The replacement series starts in 2018; older definitions are not joined to it.
- The lines compare nominal U.S. annual averages from the available official months, not current shelf prices. The percentage panel is farm milk-component value divided by retail price, multiplied by 100.
- The price gap covers processing, labour, energy, transport and retailing, not net profit. National prices and farm components differ in coverage; these lines do not prove the speed of price transmission.
U.S. quarterly milk production and output per cow
U.S. quarterly milk production and output per cow. USDA ERS (U.S. Department of Agriculture Economic Research Service) uses NASS (National Agricultural Statistics Service) data. Q1–Q4 are successive three-month periods from January; lb is a pound (about 0.454 kg). The first panel is total U.S. milk produced during the quarter, in million lb. The second is milk per cow over that quarter, in lb. Different units use separate panels; the data are observations, not forecasts. Compare the same quarter across years: seasons and day counts affect totals. Official cow counts and output per cow for 2013 Q1–Q2 remain blank, not zero; total milk production is still observed. Wheel/Pinch=Zoom · Drag=Box zoom · Alt+Drag/Arrows=Pan · Double-click=Reset
Total milk production
Milk per cow
- USDA ERS (U.S. Department of Agriculture Economic Research Service) uses NASS (National Agricultural Statistics Service) data. Q1–Q4 are successive three-month periods from January; lb is a pound (about 0.454 kg).
- The first panel is total U.S. milk produced during the quarter, in million lb. The second is milk per cow over that quarter, in lb. Different units use separate panels; the data are observations, not forecasts.
- Compare the same quarter across years: seasons and day counts affect totals. Official cow counts and output per cow for 2013 Q1–Q2 remain blank, not zero; total milk production is still observed.
This data is provided for general informational purposes only and may not be entirely accurate. All investment decisions are solely the responsibility of the investor, and we assume no liability for any losses arising from the use of this data. Please consult a qualified professional if necessary.
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