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Livestock, Dairy, and Poultry Tables published April 2008

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Livestock, Dairy, and Poultry Tables published April 2008 Powered By Docstoc
					U.S. red meat and poultry forecasts 2004 Annual Production, million lb Beef Pork Lamb and mutton Broilers Turkeys Total red meat & poultry Table eggs, mil. doz. Per capita disappearance, retail lb 2/ Beef Pork Lamb and mutton Broilers Turkeys Total red meat & poultry Eggs, number Market prices Choice steers, Neb., $/cwt Feeder steers, Ok City, $/cwt Boning utility cows, S. Falls, $/cwt Choice slaughter lambs, San Angelo, $/cwt Barrows & gilts, N. base, l.e. $/cwt Broilers, 12 City, cents/lb Turkeys, Eastern, cents/lb Eggs, New York, cents/doz. U.S. trade, million lb Beef & veal exports Beef & veal imports Lamb and mutton imports Pork exports Pork imports Broiler exports Turkey exports Live swine imports (thousand head)
1/ Forecasts are in bold.

2005 Annual 24,683 20,685 187 35,365 5,504 87,097 6,413 65.6 50.0 1.1 85.8 16.7 220.9 255.7 87.28 110.94 54.36 97.76 50.05 70.80 73.40 65.50 697 3,599 180 2,666 1,024 5,203 570 8,191

2006 I 6,082 5,335 49 8,814 1,355 21,793 1,617 15.8 12.4 0.3 22 3.5 54.4 64.1 89.24 106.23 48.89 77.03 42.63 62.7 67.3 71.4 215 843 53 767 259 1,270 119 2,133

II 6,724 5,008 47 8,980 1,435 22,363 1,617 16.9 11.9 0.3 22.5 3.9 55.9 63.7 80.39 104.08 47.79 66.56 48.45 61.0 71.3 62.7 315 790 44 763 237 1,297 125 2,088

III 6,834 5,087 42 8,870 1,419 22,414 1,632 16.9 11.9 0.2 21.9 4.3 55.7 63.9 85.40 115.17 49.28 81.10 51.83 67.8 79.4 64.0 307 730 41 654 239 1,234 152 2,204

IV 6,513 5,625 47 8,835 1,476 22,657 1,656 16.3 13.1 0.3 20.8 5.2 56 64.6 86.61 103.22 44.29 84.53 46.13 65.9 89.8 89.0 308 722 52 811 254 1,404 150 2,338

Annual 26,153 21,055 185 35,500 5,682

2007 1/ I 6,237 5,396 49 8,625 1,413

II 6,649 5,128 44 9,085 1,482

III
6,802 5,256 42 9,131 1,488 22,877 1,602 16.4 12.3 0.3 21.4 4.2 54.9 62.4

IV
6,733 6,163 48 9,285 1,575 23,962 1,642 16.2 14.0 0.3 21.2 5.5 57.6 63.8

Annual
26,421 21,943 183 36,126 5,958 91,266 6,435 65.2 50.8 1.1 85.4 17.5 221.6 250.1

2008 I
6,385 6,025 46 9,075 1,525 23,219 1,600 15.8 13.2 0.3 21.4 4.0 55.1 62.1

II
6,765 5,640 44 9,375 1,550 23,544 1,605 16.5 12.8 0.3 22.1 4.3 56.5 62.0

III
6,945 5,720 42 9,250 1,530 23,653 1,625 16.6 13.1 0.2 21.6 4.4 56.3 62.8 88-94 99-105 49-53 85-91 41-45 78-84 85-91

IV
6,485 6,150 44 9,200 1,560 23,607 1,660 15.6 13.5 0.3 21.2 5.3 56.4 64.0

Annual
26,580 23,535 176 36,900 6,165 94,023 6,490 64.6 52.6 1.1 86.3 18.0 224.2 250.9

24,548 20,509 195 34,063 5,454 85,441 6,365 66.1 51.4 1.1 84.4 17.1 221.6 257.3 84.75 104.76 52.35 96.69 52.51 74.10 69.70 82.20 460 3,679 181 2,181 1,099 4,783 442 8,506

89,227 21,875 22,552 6,522 1,598 1,593 65.8 49.4 1.1 87.2 16.9 222.0 256.2 85.41 107.18 47.56 77.31 47.26 64.4 77.0 71.8 1,145 3,085 190 2,995 989 5,205 547 8,763 15.9 12.3 0.3 21.2 3.8 53.9 62.2 16.6 12.2 0.3 21.6 4.1 55.1 61.7

90.61 93.45 91.36 99.32 108.87 115.63 51.04 53.96 54.07 82.59 82.23 87.33 46.04 52.55 50.33 75.00 80.30 79.20 69.70 77.90 89.90 105.3 269 770 56 792 239 1,275 124 2,302 92.0 363 884 44 685 256 1,393 135 2,370 119.1 424 774 44 703 240 1,493 148 2,464

91.85 108.88 49.40 87.55 39.43 71.10 90.80 141.0 375 624 59 959 232 1,610 146 2,869

91.82 108.18 52.12 84.93 47.09 76.40 82.10
114.4

89.59 89-93 100.20 103-107 54.07 53-55 86.23 86-90 39.64 42-44 78.1 77-81 77.4 82-86

85-93 88-92 99-107 100-105 48-52 51-53 86-94 86-90 36-40 40-42 78-84 78-82 88-96 83-87

158.8 127-133 106-114 110-120 125-132 355 670 55 950 220 1,400 135 2,925 375 780 50 870 225 1,475 150 2,825 395 750 44 815 235 1,525 160 2,500 390 730 51 1,100 245 1,600 160 2,600 1,515 2,930 200 3,735 925 6,000 605 10,850

1,431 3,052 202 3,138 968 5,771 553 10,005

2/ Per capita meat and egg disappearance data are calculated using the Resident Population Plus Armed Forces Overseas series from the Census Bureau of the Department of Commerce. Source: World Agricultural Supply and Demand Estimates and Supporting Materials.

For further information, contact: Mildred Haley, (202) 694-5176, mhaley@ers.usda.gov

Dairy Forecasts
I Milk cows (thous.) Milk per cow (pounds) Milk production (bil. pounds) Farm use Milk marketings Milkfat (bil. pounds milk equiv.) Milk marketings Beginning commercial stocks Imports Total supply Ending commercial stocks Net removals Commercial use Skim solids (bil. pounds milk equiv.) Milk marketings Beginning commercial stocks Imports Total supply Ending commercial stocks Net removals Commercial use Milk prices (dol./cwt) 1/ All milk 9,138 5,040 46.1 0.3 45.8 II 9,138 5,189 47.4 0.3 47.1 2007 III 9,159 5,034 46.1 0.3 45.8 IV 9,198 5,003 46.0 0.3 45.7 Annual 9,158 20,267 185.6 1.1 184.5 I 9,250 5,150 47.6 0.3 47.4 II 9,275 5,260 48.8 0.3 48.5 2008 III 9,280 5,050 46.9 0.3 46.6 IV 9,260 5,040 46.7 0.3 46.4 Annual 9,266 20,500 190.0 1.1 188.8

45.8 9.5 1.1 56.4 12.0 0.0 44.3

47.1 12.0 1.2 60.4 13.8 0.0 46.6

45.8 13.8 1.0 60.6 12.5 0.0 48.1

45.7 12.5 1.3 59.5 10.4 0.0 49.2

184.5 9.5 4.6 198.6 10.4 0.0 188.3

47.4 10.4 1.1 58.8 13.0 0.0 45.8

48.5 13.0 1.1 62.6 14.9 0.0 47.7

46.6 14.9 1.1 62.6 13.1 0.0 49.5

46.4 13.1 1.4 60.8 10.5 0.0 50.3

188.8 10.4 4.6 203.8 10.5 0.0 193.3

45.8 9.1 1.0 55.9 9.9 0.0 46.0

47.1 9.9 1.1 58.1 10.3 0.0 47.9

45.8 10.3 1.1 57.2 9.7 0.0 47.5

45.7 9.7 1.3 56.7 9.9 0.0 46.8

184.5 9.1 4.4 198.0 9.9 0.0 188.1

47.4 9.9 1.0 58.2 10.1 0.0 48.1

48.5 10.1 1.1 59.7 10.8 0.0 48.9

46.6 10.8 1.1 58.4 10.0 0.0 48.4

46.4 10.0 1.3 57.7 10.0 0.0 47.7

188.8 9.9 4.4 203.1 10.0 0.0 193.1

15.00

18.27

21.67

21.60

19.13

19.30

17.25 -17.65 15.42 -15.82 14.57 -15.07

16.60 -17.30 15.75 -16.45 15.46 -16.26

17.45 -18.45 15.86 -16.86 16.37 -17.47

17.65 -18.15 16.55 -17.05 15.35 -15.95

Class III

14.28

17.95

20.43

19.51

18.04

18.12

Class IV

12.98

18.45

21.71

20.29

18.36

15.04

Product prices (dol./pound) 2/ Cheddar cheese

1.352

1.627

1.978

1.995

1.738

1.933

1.780 -1.820 0.250 -0.270 1.315 -1.385 1.260 -1.300

1.695 -1.765 0.265 -0.295 1.370 -1.470 1.337 -1.397

1.690 -1.790 0.295 -0.325 1.335 -1.465 1.465 -1.535

1.775 -1.825 0.275 -0.305 1.310 -1.390 1.360 -1.400

Dry whey

0.592

0.766

0.610

0.435

0.600

0.305

Butter

1.227

1.421

1.428

1.301

1.344

1.230

Nonfat dry milk

1.182

1.668

2.043

1.940

1.708

1.364

1/ Simple averages of monthly prices. May not match reported annual averages. 2/ Simple averages of monthly prices calculated by the Agricultural Marketing Service for use in class price formulas. 'Based on weekly "Dairy Product Prices", National Agricultural Statistics Service. Details may be found at http://www.ams.usda.gov/dyfmos/mib/fedordprc_dscrp.htm Source: World Agricultural Supply and Demand Estimates and supporting materials. For further information, contact: Roger Hoskin 202 694 5148, rhoskin@ers.usda.gov Published in Livestock, Dairy, and Poultry Outlook, http://www.ers.usda.gov/publications/ldp

PRODUCTION INDICATORS
2008 Feb. Mar. /* 1,000 Head 11,966 1,663 1,776 11,853 1,673 1,842

Mar. '2007 Cattle: On feed - US, 1,000+ Hd. Net placements Marketings Broilers: Eggs in incubators (000) /1 Chicks hatched (000) /2 Hatching egg layers /1 Pullets placed (000) Hvy-type hen slaughter /2 Turkeys: Eggs in incubators (000) /1 Poults placed (000) Eggs: Table egg prod. (mil. doz.) /2 Table egg layers, (000) /1 Table eggs/100 layers /1 Chicks hatched (000) /2 Lt.-type hen slaughter /2 11,599 1,888 1,843

Jan. 12,097 1,727 1,858

663,815 809,346 57,157 7,135 5,922 31,209 26,433 556.0 289,104 73.9 38,561 4,992

677,028 821,866 57,215 7,300 6,637 31,601 26,067 542.3 285,435 74.7 40,167 6,332

674,636 777,197 57,747 7,426 6,445 31,480 25,011 503.5 283,553 72.8 37,549 5,356

679,081 832,899 57,626 7,090 6,465 32,005 26,221 543.8 281,624 74.5 39,547 6,319

ESTIMATED RETURNS
Apr. '2007 Great Plains cattle feedlot Breakeven price /3 Selling price Net margin N. Central hog farrow to finish Breakeven price /3 Selling price Net margin Broiler Feed Cost 1998-2000=100 Market Price 1998-2000=100 Price - Cost 1998-2000=100 Turkey Feed Cost 1998-2000=100 Market Price 1998-2000=100 Price - Cost 1998-2000=100 Egg Feed Cost 1998-2000=100 Market Price 1998-2000=100 Price - Cost 1998-2000=100
/1 First of month. /2 Last month estimated. /3 Does not include capital replacement cost. /* estimate.

Feb. 100.69 91.83 -8.86 NA NA NA Index 156.9 132.6 124.0 154.6 115.7 98.0 187.6 202.6 210.5

2008 Mar. Cents/lb 101.07 89.40 -11.67 NA NA NA Index 169.1 125.7 110.4 170.4 124.3 103.3 197.1 212.0 219.8

Apr. /* 100.26 88.70 -11.56 NA NA NA Index 176.4 139.4 126.3 185.2 130.4 105.5 201.4 170.0 153.6

95.96 97.63 1.67 NA NA 0.00 Index 136.8 139.3 140.2 135.3 112.6 102.3 148.9 115.1 97.4

MEAT STATISTICS
Jan. Apr. 2007 Commercial production Beef 8,252 Veal 52 Pork 7,106 Lamb 64 Total red meat 15,474 Broilers 11,509 Other chicken 154 Turkeys 1,876 Total poultry 13,539 Total meat & poultry 29,013 Jan. Apr. 2007 Commercial slaughter/** Cattle 10,856 Steers 5,493 Heifers 3,266 Beef Cows 1,039 Dairy Cows 888 Bulls and stags 169 Calves 269 Sheep 917 Hogs 35,153 Barrows & gilts 33,939 Sows 1,069 Broilers 2,861,711 Turkeys 81,996 Jan. Apr. 2008 8,642 46 8,049 61 16,797 12,295 181 2,037 14,513 31,311 Jan. Apr. 2008 11,218 5,544 3,448 1,118 917 190 283 863 39,627 38,269 1,200 2,999,435 86,482 2007 Dec. 2,061 10 1,973 15 4,060 2,899 38 461 3,398 7,458 2007 Dec. 2,648 1,302 813 283 208 42 61 229 9,691 9,389 266 702,172 20,002 2007 Dec. 784 172 69 204 Jan. Feb. Million pounds 2,232 2,039 11 11 2,158 1,903 15 15 4,416 3,968 3,230 2,910 46 44 547 506 3,823 3,461 8,239 7,428 Mar. 2,103 11 1,963 16 4,093 2,967 46 486 3,499 7,592 Apr. 2,268 12 2,026 15 4,321 3,187 46 497 3,731 8,052 /*

Jan. Feb. Thousand head 2,898 2,643 1,415 1,295 882 833 315 256 240 218 46 41 72 69 213 212 10,557 9,378 10,209 9,071 306 272 785,892 713,136 22,698 21,538

Mar. 2,731 1,349 853 262 219 48 71 231 9,662 9,321 302 725,872 20,886

Apr. 2,945 1,485 880 285 240 55 72 208 10,030 9,668 320 774,535 21,360

/*

Apr. 2007 F.I. dressed weight Cattle Calves Sheep Hogs Beginning cold storage stocks Beef Pork Bellies Hams Total chicken Turkey Frozen eggs
/* Estimates with exception of Cold Storage /** Slaughter classes are estimated

750 209 71 203

Jan. Pounds 775 159 70 205

Feb. 776 160 72 203

Mar. 775 160 70 204

Apr. 771 166 72 203

/*

427.2 494.8 55.2 57.5 600.9 346.8 14.6

475.3 474.6 34.3 75.4 717.9 206.9 15.2

Million pounds 482.5 445.1 458.7 570.3 54.7 70.6 49.0 84.4 741.1 773.0 260.6 327.6 14.7 12.0

424.1 605.7 79.3 86.8 760.8 416.7 16.7

424.1 657.1 99.0 89.5 789.4 430.5 15.5

LIVESTOCK PRICES 2007 Apr. Cattle prices Steers, Choice, 11-13 cwt Texas Panhandle Nebraska Direct Cows - Sioux Falls Utility breaking, 1200 - 1600 lbs. Utility boning, 800 - 1200 lbs. Feeder Cattle - Oklahoma City Steers: Med. #1 500-550 lb 600-650 lb 750-800 lb Heifers: Med. #1 450-500 lb 700-750 lb 2008 Jan. Feb. $/cwt 92.45 88.63 53.55 50.00 91.83 90.85 57.94 55.94

Dec.

Mar.

Apr.

/*

97.63 98.04 56.50 52.13

93.01 90.50 51.42 48.75

89.40 89.28 57.81 55.69

88.70 89.30 55.75 52.25

128.40 123.63 107.91 115.52 100.83

120.67 109.70 105.43 114.17 98.99

119.36 105.21 97.45 109.41 93.77

122.86 113.16 102.89 110.53 97.04

123.90 113.20 100.40 109.40 95.50

121.00 110.10 100.15 106.90 92.30

Hog prices Barrows and gilts National base 51-52% lean ( live equivalent = carcass x .74) Sows Iowa-S. Minn. #1-2, 300-400 lb Sheep & lamb prices San Angelo, TX Slaughter lambs, Choice Ewes, Good Feeder lambs, Choice

48.43

39.40

36.77

42.74

39.40

44.00

31.39

24.16

21.60

25.89

25.33

20.00

85.25 47.63 108.33

92.92 41.75 106.50

86.63 41.69 105.63

88.82 37.75 119.88

83.25 37.69 114.56

75.00 41.00 112.50

GRAIN AND FEED PRICES 2007 Apr. Corn, #2 Yellow, Cen. Ill Wheat, HRW Ord., K.C. SBM, 48% Solvent, Decatur Alfalfa Hay, U.S. Avg. Grass Hay, U.S. Avg. 3.36 5.43 189.37 128.00 113.00 2008 Jan.

Dec. 4.03 9.47 314.78 136.00 126.00

Feb.

Mar. 5.16 11.92 331.57 N/A N/A

Apr. 5.58 9.94 331.68 N/A N/A

/*

$/bu 4.55 4.91 9.63 11.63 $/ton 331.28 345.87 135.00 138.00 118.00 122.00

/* Estimates Livestock, Dairy, and Poultry Situation and Outlook

WHOLESALE PRICES
2007
Apr. Beef, Central U.S. Boxed beef cutout Choice 1-3, 600 - 900 lbs. Select 1-3, 600 - 900 lbs. Canner-Cutter Cows Bnls. beef, 90% fresh Importd bnls. beef 90% frz. Hide & offal value Veal carcass, 220-280 lb Pork, Central U.S. Pork cutout composite Loins, 14-19 lb BI 1/4" trim Bellies, 12-14 lb skin on trmd. Hams, 20-23 lb BI trmd. TS1 Trimmings, 72% fresh Lamb, East Coast 55 lb Down, Choice 55-65 lb, Choice N/A 215.21 N/A 214.22 N/A 212.74 cents/lb Broilers 12 City Avg. Georgia dock Northeast Breast, boneless Breast, Ribs on Legs, whole Leg quarters Turkeys Eastern region Toms, 16-24 lb Hens, 8-16 lb Breast, 4-8 lb Drumsticks Wings, full cut Eggs, grd A, lg, doz 12 City Metro New York 84.14 93.90 152.79 160.58 150.03 157.43 148.15 157.25 154.96 161.81 124.27 122.25 74.45 74.45 120.00 48.69 39.90 82.50 82.47 135.00 59.18 47.87 73.79 73.74 131.74 57.26 47.48 76.46 76.40 134.00 54.15 47.69 82.18 82.20 129.13 49.87 49.65 85.90 86.20 133.10 50.75 50.00 167.72 110.10 59.11 41.42 123.77 74.85 63.29 42.25 128.33 77.60 61.67 42.30 145.19 87.58 60.84 43.51 141.06 87.00 64.78 44.13 139.80 85.25 66.70 46.20 78.63 77.13 71.06 76.21 75.91 76.59 78.79 77.62 79.51 79.35 78.50 79.95 N/A 214.39 N/A 212.33 N/A 218.00 68.89 108.99 93.47 57.50 48.70 58.67 86.46 77.08 50.61 39.99 56.71 87.70 75.56 48.66 38.51 61.42 90.22 78.94 57.31 51.30 57.57 90.33 67.26 49.10 48.28 64.00 101.00 67.00 57.00 48.00 163.23 152.14 N/A 136.71 132.71 10.11 N/A 148.25 134.27 N/A 134.00 129.06 9.90 N/A $/cwt 146.41 138.06 N/A 140.32 137.50 9.97 N/A 149.63 146.11 N/A 149.08 143.81 10.53 N/A 144.42 142.64 N/A 144.67 146.38 10.79 N/A 145.65 143.80 N/A 142.10 150.80 10.70 N/A Dec. Jan.

2008
Feb. Mar. Apr. /*

/* Estimates. Source: Agricultural Marketing Service. Livestock, Dairy and Poultry Situation and Outlook

U.S. dairy situation at a glance 1/ Unit Milk production: Production (23 States) Milk cows (23 States) Milk per cow (23 States) Production (U.S. est.) Milk prices: All milk Milk eligible for fluid use Manufacturing grade milk Class III (cheese milk) 3.5% fat Class IV (butter-powder milk) 3.5% fat Slaughter cow price, WI Chicago Mercantile Exchange prices: Butter American cheese, 40-pound blocks American cheese, barrels Wholesale price: Nonfat dry milk, Central States Retail prices: Consumer Price Index All food Dairy products Fluid milk Other dairy products Dairy product output: Butter American cheese Other-than-American cheese Frozen products 2/ All products (m.e.-fat) Nonfat dry milk Beginning stocks: Commercial butter Commercial American cheese Other cheese Manufacturers' nonfat dry milk All commercial (m.e.-fat) All commercial (m.e.-skim) All Government (m.e.-fat) All Government (m.e.-skim) Commercial disappearance: Butter American cheese Other-than-American cheese Nonfat dry milk All products: m.e.-fat Milkfat Skim solids USDA net removals: Butter Cheese Nonfat dry milk All products (m.e.-fat) All products (m.e.-skim) Imports: All products (m.e.-fat) All products (m.e.-skim) International market prices: Butter Nonfat dry milk 2005 2006 2007 Jan-07 Feb-07 Mar-07 Apr-07

Mil. lb. Thou. Lb. Mil. lb.

161,582 8,138 19,857 176,989

166,645 8,246 20,210 181,839

170,734 8,322 20,516 186,232

14,302 8,284 1,726 15,609

13,125 8,286 1,584 14,320

14,787 8,295 1,783 16,129

14,470 8,292 1,745 15,762

Dol./cwt Dol./cwt Dol./cwt Dol./cwt Dol./cwt Dol./cwt

15.14 15.14 14.48 14.05 12.88 53.94

12.90 12.92 12.21 11.89 11.06 49.08

19.13 19.13 18.28 18.04 18.36 49.51

14.50 14.50 13.90 13.56 12.53 45.60

14.90 14.90 14.90 14.18 12.71 50.31

15.60 15.60 15.10 15.09 13.71 48.31

16.60 16.60 15.90 16.09 16.12 50.83

Dol./lb. Dol./lb. Dol./lb. Dol./lb.

1.5484 1.4928 1.4484 0.9918

1.2364 1.2385 1.2189 1.0245

1.37 1.76 1.74 1.81

1.2248 1.3180 1.3310 1.2851

1.2187 1.3408 1.3374 1.2953

1.3218 1.3823 1.3840 1.4263

1.3725 1.4628 1.4490 1.6402

1982-84=100 1982-84=100 1982-84=100 Dec 1997=100 Dec 1997=100

195.3 190.7 182.4 127.0 122.1

201.6 195.2 181.4 125.5 122.8

207.34 202.91 194.77 140.12 130.37

202.4 198.8 183.5 127.0 123.3

203.5 200.0 183.8 128.2 124.7

205.4 200.4 185.7 129.3 125.4

206.7 200.8 185.8 130.4 125.1

Mil. lb. Mil. lb. Mil. lb. Mil. gal. Mil. lb. Mil. lb.

1,347.2 3,813.0 5,314.2 1,308.0 113,377 1,186.1

1,443.6 3,937.4 5,621.7 1,288.7 117,036 1,228.2

1,529.1 3,874.2 5,797.3 1,333.1 120,783 1,303.9

151.0 343.1 482.9 94.9 10,328 108.8

134.2 305.5 443.0 97.4 9,425 98.1

138.2 338.4 499.4 119.3 10,511 118.1

134.3 325.7 476.7 123.1 10,339 123.1

Mil. lb. Mil. lb. Mil. lb. Mil. lb. Mil. lb. Mil. lb. Mil. lb. Mil. lb.

44.9 476.0 224.7 98.2 7,154 8,181 177 4,901

58.5 536.7 221.3 114.1 8,007 8,951 20 808.9

108.5 534.0 283.2 79.1 9,500 9,113 10 317.8

108.5 534.0 283.2 79.1 9,500 9,113 10 318

148.5 546.0 303.4 80.8 10,670 9,494 16 298

185.4 564.6 310.6 74.7 11,701 9,688 12 253

193.1 571.5 321.0 77.0 12,017.0 9,901.8 9 187

Mil. lb. Mil. lb. Mil. lb. Mil. lb. Mil. lb. Mil. lb. Mil. lb.

1,370.1 3,794.9 5,723.9 1,262.2 180,170 6,585 15,660

1,435.4 3,912.6 5,946.9 1,219.5 184,107 6,768 15,961

1,518.9 3,952.8 6,188.2 1,220.4 188,229 6,910 16,277

112.5 332.8 485.7 106.3 14,764 558 1,355

98.8 295.5 464.1 103.0 13,512 509 1,243

133.3 336.8 518.9 110.8 16,063 596 1,404

83.5 319.0 517.9 102.4 14,845 544 1,369

Mil. lb. Mil. lb. Mil. lb. Mil. lb. Mil. lb.

0.0 -2.3 -81.5 -39 -972

0.0 0.0 62.5 14 728

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

Mil. lb. Mil. lb.

5,071 4,839

4,981 4,762

4,638 4,406

414 312

313 327

349 341

386 367

$/metric ton $/metric ton

1,970 2,261

1,910 2,517

3,994 4,426

2,028 3,110

2,038 3,238

2,175 3,588

2,422 4,353

1/ Some data series different than formerly published due to changes in availability. 2/ Hard ice cream, ice milk, and sherbet. m.e.-fat (skim) = Milk equivalent, fat (skim solids)basis NA=Not available Sources: USDA (AMS, ERS, FAS, FSA, NASS), Department of Labor (BLS), Department of Commerce (Bureau of Census), and ERS calculations. For further information, contact: Roger Hoskin 202 694 5148, rhoskin@ers.usda.gov Published in Livestock, Dairy, and Poultry Outlook, http://www.ers.usda.gov/publications/ldp

U.S. dairy situation at a glance (continued) May-07 Jun-07 Jul-07 Aug-07

Sep-07

Oct-07

Nov-07

Dec-07

Jan-08

Feb-08

Mar-08

14,860 8,298 1,791 16,812

14,216 8,302 1,712 15,475

14,500 8,322 1,742 15,721

14,323 8,330 1,719 15,525

13,718 8,341 1,645 14,864

14,176 8,355 1,697 15,378

13,843 8,369 1,654 15,012

14,414 8,389 1,718 15,625

14,688 8,413 1,746 15,961

13,942 8,427 1,654 15,145

15,144 8,436 1,795 16,446

18.00 18.00 17.70 17.60 18.48 54.95

20.20 20.20 20.00 20.17 20.76 50.38

21.70 21.70 20.70 21.38 21.64 52.06

21.60 21.60 20.00 19.83 21.87 53.85

21.70 21.70 20.20 20.07 21.61 51.44

21.40 21.40 19.70 18.70 21.31 49.10

21.90 21.90 20.50 19.22 20.40 42.56

21.50 21.50 20.80 20.60 19.18 44.75

20.50 20.50 19.60 19.32 16.29 45.40

19.10 19.10 18.30 17.03 14.67 52.13

18.30 18.30 18.30 18.00 14.17 51.13

1.4825 1.7211 1.6894 1.9459

1.5019 2.0100 1.9887 2.1871

1.4913 1.9138 1.8927 2.2146

1.4464 1.9554 1.9107 2.0465

1.3783 1.9929 1.9901 2.0105

1.3020 1.8957 1.8830 2.0466

1.3590 2.0926 2.0223 1.8775

1.3190 2.0083 2.0147 1.7528

1.2246 1.8257 1.8774 1.5615

1.2088 2.0023 1.9560 1.3999

1.3454 1.8234 1.7980 1.3224

207.9 201.8 187.3 133.3 126.2

208.4 202.4 191.4 137.9 130.5

208.3 203.1 197.9 146.7 131.3

207.9 203.9 201.7 148.2 135.1

208.5 204.9 203.5 149.7 134.8

208.9 205.8 205.3 149.7 136.1

210.2 206.3 206.0 151.1 135.9

210.0 206.7 205.3 149.7 136.1

211.1 208.6 206.9 149.5 136.9

211.7 209.2 208.2 149.8 138.9

213.5 209.4 206.2 146.6 139.4

124.4 331.4 489.0 132.8 10,549 115.9

109.7 315.7 474.6 138.9 10,118 119.3

115.5 322.3 473.2 131.0 10,249 123.2

109.8 312.2 483.4 126.4 10,026 103.0

111.8 301.0 474.6 103.7 9,523 89.7

129.2 320.8 503.1 102.7 10,076 98.7

130.2 323.6 488.2 83.8 9,566 98.7

140.7 334.5 509.2 79.1 10,073 107.2

168.8 334.0 478.8 91.9 10,549 119.1

146.7 319.3 464.8 98.1 9,952 119.6

NA NA NA NA NA NA

245.8 585.9 308.2 99.0 13,223 10,185.3 9 168

270.2 576.4 322.2 92.1 13,760 10,143.1 6 130

272.9 565.6 325.2 108.2 13,777 10,284 6 98

271.5 563.3 322.1 125.2 13,716 10,440 7 65

260.8 548.0 297.5 140.3 13,169 10,224 9 63

240.2 539.7 280.0 120.0 12,488 9,710 9 61

196.6 523.2 286.5 120.9 11,399 9,582 10 47

143.2 517.2 288.0 131.6 10,162 9,626 9 42

155.1 507.9 289.6 159.2 10,355 9,871 8 8

188.1 494.4 287.0 153.5 10,927 9,648 0 0

210.4 513.1 287.9 150.2 11,592 9,806 0 0

105.4 346.2 507.0 122.3 15,976 574 1,431

110.3 330.6 507.4 102.1 15,769 562 1,349

119.1 329.3 510.7 105.2 16,027 570 1,351

123.2 329.3 540.0 87.9 16,312 582 1,362

134.5 310.5 527.4 110.2 15,798 572 1,341

177.5 339.4 535.5 99.4 16,788 619 1,375

188.3 335.7 527.6 89.3 16,632 630 1,339

132.5 347.7 546.0 81.5 15,743 594 1,358

136.4 355.3 506.5 124.7 15,740 595 1,441

124.6 303.8 482.5 122.9 14,586 543 1,289

NA NA NA NA NA NA NA

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

0.0 0.0 0.0 0 0

430 345

407 392

344 367

339 341

349 366

421 402

478 452

410 395

451 387

200 229

NA NA

2,758 4,927

4,050 5,133

5,213 5,259

5,600 5,240

5,919 5,188

5,875 4,970

5,394 4,375

4,464 3,738

4,176 3,631

4,319 3,770

4,289 3,491

U. S. milk production and related data
Year and quarter Milk cows thousands 2003 JAN-MAR APR-JUN JUL-SEP OCT-DEC Avg. or total 2004 JAN-MAR APR-JUN JUL-SEP OCT-DEC Avg. or total 2005 JAN-MAR APR-JUN JUL-SEP OCT-DEC Avg. or total 2006 JAN-MAR APR-JUN JUL-SEP OCT-DEC Avg. or total 2007 JAN-MAR APR-JUN JUL-SEP OCT-DEC Avg. or total 2008 JAN-MAR APR-JUN JUL-SEP OCT-DEC Avg. or total Milk Milk per cow production pounds mil. pounds Cornsoybean meal mix 1/ dol. per cwt Replacement cow price 2/ dollars

9,142 9,107 9,070 9,011 9,083

4,713 4,831 4,604 4,611 18,760

43,087 43,996 41,761 41,550 170,394

4.97 5.15 4.96 5.33 5.10

1,380 1,300 1,310 1,380 1,345

8,996 9,004 9,027 9,019 9,012

4,756 4,872 4,679 4,661 18,967

42,787 43,870 42,236 42,041 170,934

6.21 6.86 5.41 4.46 5.74

1,390 1,580 1,720 1,640 1,610

9,002 9,041 9,060 9,060 9,041

4,816 5,069 4,871 4,821 19,576

43,350 45,831 44,134 43,674 176,989

4.54 4.76 4.69 4.25 4.56

1,620 1,770 1,830 1,870 1,800

9,092 9,128 9,113 9,115 9,112

5,010 5,141 4,906 4,894 19,951

45,547 46,930 44,710 44,611 181,798

4.58 4.72 4.58 5.76 4.91

1,840 1,770 1,680 1,650 1,735

9,138 9,138 9,159 9,198 9,158

5,040 5,189 5,034 5,003 20,266

46,058 47,419 46,110 46,015 185,602

6.66 6.94 6.92 7.73 7.06

1,660 1,730 1,950 2,020 1,840

9,250

5,141

47,552

9.55

1,960

1/ Value of farm corn and 48 percent soybean meal, Decatur, needed to produce 16-percent protein concentrate feed. 2/ During the first month of the quarter.
Source: NASS and ERS calculations. For further information, contact: Roger Hoskin 202 694 5148, rhoskin@ers.usda.gov Published in Livestock, Dairy, and Poultry Outlook, http://www.ers.usda.gov/publications/ldp

Commercial disappearance: Milk in all products, 2008
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Farm use Marketings Beginning commercial stocks Imports Total supply

15,961 100 15,861 10,355 451 26,666

15,145 93 15,052 10,927 200 26,178

Utilization: Ending commercial stocks USDA net removals

10,927 0

11,592 0

Commercial disappearance Percent change from a year ago Cumulative disappearance

15,740 [ 6.6

14,586 4.2 ] 8.0

15,740

30,325

First quarter
Percent change from a year ago

Second quarter

Third quarter

Fourth quarter

[

]

Sources: NASS, ERS, FAS, FSA, Bureau of Census, and ERS calculations. For further information, contact: Roger Hoskin 202 694 5148, rhoskin@ers.usda.gov Published in Livestock, Dairy, and Poultry Outlook, http://www.ers.usda.gov/publications/ldp

Commercial disappearance: Milkfat, 2008
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Farm use Marketings Beginning commercial stocks Imports Total supply

605 4 601 380 15 996

571 4 567 401

969

Utilization: Ending commercial stocks USDA net removals

401 0

426 0

Commercial disappearance Percent change from a year ago Cumulative disappearance

595 [ 6.6

543 3.0 ] 6.6

595

1,138

First quarter
Percent change from a year ago

Second quarter

Third quarter

Fourth quarter

[

]

Sources: NASS, ERS, FAS, FSA, Bureau of Census, and ERS calculations. For further information, contact: Roger Hoskin 202 694 5148, rhoskin@ers.usda.gov Published in Livestock, Dairy, and Poultry Outlook, http://www.ers.usda.gov/publications/ldp

Commercial disappearance: Skim solids, 2008
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Farm use Marketings Beginning commercial stocks Imports Total supply

1,397 9 1,389 848 33 2,270

1,311 8 1,303 829

2,131

Utilization: Ending commercial stocks USDA net removals

829 0

842 0

Commercial disappearance Percent change from a year ago Cumulative disappearance

1,441 [ 6.3

1,289 0.1 ] 3.7

1,441

2,730

First quarter
Percent change from a year ago

Second quarter

Third quarter

Fourth quarter

[

]

Sources: NASS, ERS, FAS, FSA, Bureau of Census, and ERS calculations. For further information, contact: Roger Hoskin 202 694 5148, rhoskin@ers.usda.gov Published in Livestock, Dairy, and Poultry Outlook, http://www.ers.usda.gov/publications/ldp

Commercial disappearance: Butter, 2008
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Beginning commercial stocks Imports Total supply 168.8 155.1 0.5 324.4 146.7 188.1 0.2 335.1

Utilization: Ending commercial stocks USDA net removals

188.1 0.0

210.4 0.0

Commercial disappearance Percent change from a year ago Cumulative disappearance

136.4 [ 20.7

124.6 21.8 ] 26.1

136.4

261.0

First quarter Percent change from a year ago [ ]

Second quarter

Third quarter

Fourth quarter

Sources: NASS, ERS, FAS, FSA, Bureau of Census, and ERS calculations. For further information, contact: Roger Hoskin 202 694 5148, rhoskin@ers.usda.gov Published in Livestock, Dairy, and Poultry Outlook, http://www.ers.usda.gov/publications/ldp

Commercial disappearance: Nonfat dry milk, 2008
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Beginning commercial stocks Imports Total supply 119.1 159.1 0.0 278.2 119.6 153.5 0.0 273.1

Utilization: Ending commercial stocks USDA net removals

153.5 0.0

150.2

Commercial disappearance Percent change from a year ago Cumulative disappearance

124.7 [ 16.5

122.9 15.2 ] 19.3

124.7

247.6

First quarter Percent change from a year ago [ ]

Second quarter

Third quarter

Fourth quarter

Sources: NASS, ERS, FAS, FSA, Bureau of Census, and ERS calculations. For further information, contact: Roger Hoskin 202 694 5148, rhoskin@ers.usda.gov Published in Livestock, Dairy, and Poultry Outlook, http://www.ers.usda.gov/publications/ldp

Commercial disappearance: American cheese, 2008
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Beginning commercial stocks Imports Total supply 334.0 507.9 8.1 850.0 319.3 494.4 3.2 816.8

Utilization: Ending commercial stocks USDA net removals

494.4 0.0

513.1 0.0

Commercial disappearance Percent change from a year ago Cumulative disappearance

355.6 [ 5.8

303.8 -0.7 ] 2.8

355.6

659.3

First quarter Percent change from a year ago [ ]

Second quarter

Third quarter

Fourth quarter

Sources: NASS, ERS, FAS, FSA, Bureau of Census, and ERS calculations. For further information, contact: Roger Hoskin 202 694 5148, rhoskin@ers.usda.gov Published in Livestock, Dairy, and Poultry Outlook, http://www.ers.usda.gov/publications/ldp

Commercial disappearance: Other-than-American cheese, 2008
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Beginning commercial stocks Imports Total supply 476.3 289.6 27.5 793.5 464.8 287.0 18.6 770.4

Utilization: Ending commercial stocks

287.0

287.9

Commercial disappearance Percent change from a year ago Cumulative disappearance

506.5 [ 4.4

482.5 0.4 ] 4.0

506.5

989.0

First quarter Percent change from a year ago [ ]

Second quarter

Third quarter

Fourth quarter

Sources: NASS, ERS, FAS, FSA, Bureau of Census, and ERS calculations. For further information, contact: Roger Hoskin 202 694 5148, rhoskin@ers.usda.gov Published in Livestock, Dairy, and Poultry Outlook, http://www.ers.usda.gov/publications/ldp

Broiler, turkey, and egg feed costs and market prices
DECATUR CHICAGO Feed costs SOYBEAN No. 2 Liveweight Basis MEAL CORN BROILERS Feb-2007 Mar-2007 Apr-2007 May-2007 June-2007 July-2007 Aug-2007 Sept-2007 Oct-2007 Nov-2007 Dec-2007 Jan-2008 Feb-2008 Mar-2008 TURKEYS Feb-2007 Mar-2007 Apr-2007 May-2007 June-2007 July-2007 Aug-2007 Sept-2007 Oct-2007 Nov-2007 Dec-2007 Jan-2008 Feb-2008 Mar-2008 EGGS Feb-2007 Mar-2007 Apr-2007 May-2007 June-2007 July-2007 Aug-2007 Sept-2007 Oct-2007 Nov-2007 Dec-2007 Jan-2008 Feb-2008 Mar-2008 $ / ton 208.81 205.26 189.37 198.66 229.70 222.05 217.63 254.41 260.55 280.76 314.78 331.28 345.88 331.57 $ / ton 208.81 205.26 189.37 198.66 229.70 222.05 217.63 254.41 260.55 280.76 314.78 331.28 345.88 331.57 $ / ton 208.81 205.26 189.37 198.66 229.70 222.05 217.63 254.41 260.55 280.76 314.78 331.28 345.88 331.57 $ / bushel 3.91 3.83 3.46 3.60 3.70 3.08 3.17 3.18 3.21 3.60 4.01 4.58 4.87 5.14 $ / bushel 3.91 3.83 3.46 3.60 3.70 3.08 3.17 3.18 3.21 3.60 4.01 4.58 4.87 5.14 $ / bushel 3.91 3.83 3.46 3.60 3.70 3.08 3.17 3.18 3.21 3.60 4.01 4.58 4.87 5.14 1998-2000=100 125.1 129.9 136.8 134.9 126.1 130.0 137.0 125.6 126.3 132.9 134.4 144.3 156.9 169.1 1998-2000=100 129.3 129.3 135.3 143.9 141.6 130.7 135.6 144.7 131.0 131.7 140.4 142.4 154.6 170.4 1998-2000=100 142.9 151.5 148.9 137.3 142.2 149.7 133.2 134.7 140.9 142.6 155.4 171.0 187.6 197.1 Market Price Market Price Feed costs

1998-2000=100 130.3 135.6 139.3 146.2 144.7 143.2 142.7 135.9 120.3 125.7 121.9 127.9 132.6 125.7 1998-2000=100 105.8 108.7 112.6 116.6 124.2 130.9 135.0 140.7 144.2 143.5 124.9 111.7 115.7 124.3 1998-2000=100 128.1 127.7 115.1 121.4 101.4 143.8 137.6 166.8 144.8 188.8 209.0 205.2 202.6 212.0

1998-2000=100 132.1 137.7 140.2 150.2 151.2 147.9 144.7 139.5 118.2 123.2 117.5 122.1 124.0 110.4 1998-2000=100 95.1 99.3 102.3 104.2 116.3 131.0 134.7 138.9 150.2 148.8 117.8 97.7 98.0 103.3 1998-2000=100 120.3 115.3 97.4 113.1 80.0 140.7 139.8 183.6 146.9 212.9 237.0 223.1 210.5 219.8

NOTE - These statistical series were developed to show changes in poultry feed costs and and market prices for broilers products, whole turkeys, large cartoned eggs. Sources: Corn and soybean prices - AMS Grain and Feed Weekly Summary. Broilers, wholesale composite price - ERS. Turkeys, 3-region wholesale whole bird price - ERS. Eggs, 1 dozen Grade A large combined regional price - ERS.


				
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