Livestock, Dairy, and Poultry tables published March 2007

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Livestock, Dairy, and Poultry tables published March 2007 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 consumption, 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 Live swine imports Broiler exports Turkey exports
1/ Forecasts are in bold.

2005 Annual 24,683 20,684 187 35,365 5,504 87,097 6,411 65.5 50.0 1.1 85.8 16.7 220.9 255.1 87.28 110.94 54.36 97.76 50.05 70.80 73.40 65.50 689 3,599 180 2,660 1,024 8,191 5,147 569

2006 I 6,082 5,335 49 8,938 1,355 21,920 1,611 15.8 12.3 0.3 21.8 3.5 54.2 63.9 89.24 106.80 48.89 77.03 42.63 62.7 67.3 71.4 223 843 53 770 259 2,133 1,338 119

II 6,724 5,008 47 9,130 1,440 22,516 1,610 16.8 11.9 0.3 22.5 3.9 55.9 63.6 80.39 104.08 47.79 66.56 48.45 61.0 71.3 62.7 315 789 44 763 237 2,087 1,298 125

III 6,834 5,087 42 8,884 1,419 22,428 1,624 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 64.0 307 731 41 653 239 2,205 1,224 152

IV 6,513 5,625 47 8,801 1,473 22,619 1,649 16.3 13.1 0.3 20.8 5.2 56 64.5 86.61 103.22 44.29 84.53 46.13 65.9 89.8 89.0
308 722 52 811 254 2,338 1,412 149

Annual 26,153 21,055 185 35,753 5,687 89,483 6,494 65.8 49.4 1.1 87.0 16.9 221.7 256.0 85.41 107.32 47.56 77.31 47.26 64.4 77.0 71.8
1,153 3,085 190 2,997 989 8,763 5,272 545

2007 1/ I
6,350 5,325 48 8,750 1,410 22,042 1,590 16.0 12.2 0.3 21.1 3.6 53.6 61.9 90-91 97-98 48-49 84-85 46-47 74-75 70-71 103-104 310 760 55 815 260 2,300 1,325 130

II
6,850 5,200 45 9,050 1,460 22,768 1,605 17.2 12.1 0.3 21.7 3.9 55.6 62.6 85-89 98-102 49-51 83-87 46-48 74-78 72-76 85-89 335 880 50 805 240 2,300 1,330 145

III
6,950 5,325 43 9,100 1,440 23,021 1,650 17.3 12.5 0.2 21.8 4.3 56.5 64.4 81-87 96-102 48-52 81-87 44-48 72-78 75-81 79-85 350 830 42 690 240 2,350 1,350 155

IV
6,425 5,750 46 9,000 1,470 22,850 1,675 15.9 13.1 0.3 21.2 5.1 56.0 64.9 82-88 96-102 48-52 83-89 43-47 70-76 80-86 85-93 350 810 47 840 250 2,400 1,400 155

Annual
26,575 21,600 182 35,900 5,780 90,681 6,520 66.4 50.0 1.1 85.7 16.9 221.7 253.9 84-89 96-101 49-51 82-87 45-47 72-77 74-79 88-93 1,345 3,280 194 3,150 990 9,350 5,405 585

24,548 20,509 195 34,063 5,454 85,441 6,365 66.1 51.3 1.1 84.3 17.1 221.4 257.2 84.75 104.76 52.35 96.69 52.51 74.10 69.70 82.20 461 3,679 181 2,179 1,099 8,505 4,768 443

2/ Per capita meat and egg consumption data are revised, incorporating a new population series from the Commerce Department's Bureau of Economic Analysis based on the 2000 Census. 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 9,092 5,010 45.5 0.3 45.3 II 9,128 5,141 46.9 0.3 46.7 2006 III 9,113 4,906 44.7 0.3 44.4 IV 9,115 4,894 44.6 0.3 44.3 Annual 9,112 19,951 181.8 1.1 180.7 I 9,125 5,060 46.2 0.3 45.9 2007 II 9,100 5,225 47.5 0.3 47.3 III 9,070 4,995 45.3 0.3 45.0 IV 9,050 4,980 45.1 0.3 44.8 Annual 9,085 20,260 184.1 1.0 183.1

45.3 8.0 1.1 54.4 11.5 0.0 42.9

46.7 11.5 1.2 59.3 13.5 0.0 45.8

44.4 13.5 1.1 59.1 11.6 0.0 47.4

44.3 11.6 1.5 57.5 9.5 0.0 48.0

180.7 8.0 5.0 193.7 9.5 0.0 184.2

45.9 9.5 1.2 56.7 12.4 0.0 44.3

47.3 12.4 1.3 61.0 13.5 0.0 47.5

45.0 13.5 1.2 59.8 11.3 0.0 48.5

44.8 11.3 1.5 57.6 8.6 0.0 49.0

183.1 9.5 5.3 197.9 8.6 0.0 189.3

45.3 9.0 1.1 55.3 9.7 0.0 45.6

46.7 9.7 1.1 57.5 10.2 0.7 46.6

44.4 10.2 1.1 55.7 9.1 0.0 46.7

44.3 9.1 1.4 54.8 9.1 0.0 45.7

180.7 9.0 4.8 194.5 9.1 0.7 184.6

45.9 9.1 1.2 56.2 9.3 0.0 46.9

47.3 9.3 1.3 57.9 10.2 0.0 47.7

45.0 10.2 1.3 56.5 9.1 0.0 47.5

44.8 9.1 1.5 55.3 8.8 0.0 46.5

183.1 9.1 5.2 197.4 8.8 0.0 188.6

13.53

12.00

12.23

13.83

12.90

14.70 -14.90 13.96 -14.16 12.68 -12.98

14.90 -15.40 13.96 -14.46 13.01 -13.61

15.00 -15.80 14.21 -15.01 13.06 -13.96

15.50 -16.50 14.27 -15.27 13.07 -14.17

15.05 -15.65 14.10 -14.70 12.95 -13.65

Class III

12.23

11.02

11.42

12.88

11.89

Class IV

11.33

10.30

10.65

11.97

11.06

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

1.272

1.184

1.217

1.316

1.247

1.331 -1.351 0.563 -0.583 1.204 -1.244 1.093 -1.113

1.305 -1.355 0.612 -0.642 1.227 -1.307 1.125 -1.165

1.333 -1.413 0.605 -0.635 1.262 -1.372 1.113 -1.173

1.290 -1.390 0.605 -0.635 1.265 -1.395 1.115 -1.185

1.330 -1.390 0.595 -0.625 1.240 -1.330 1.110 -1.160

Dry whey

0.345

0.289

0.289

0.381

0.329

Butter

1.247

1.153

1.210

1.267

1.219

Nonfat dry milk

0.905

0.831

0.844

0.970

0.887

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

Economic Indicator Forecasts
2005 IV GDP, chain wtd (bil. 2000 dol.) CPI-U, annual rate (pct.) Unemployment (pct.) Interest (pct.) 3-month Treasury bill 10-year Treasury bond yield 11,234 3.2 4.9 Annual 11,049 3.7 5.1 I 11,381 2.0 4.8 II 11,385 3.4 4.7 2006 III 11,433 2.9 4.7 IV 11,542 -2.2 4.5 Annual 11,422 2.0 4.6 I 11,615 2.4 4.6 II 11,694 2.6 4.7 2007 III 11,780 2.5 4.7 IV 11,873 2.4 4.8 Annual 11,741 2.5 4.7

3.8 4.5

3.2 4.3

4.4 4.6

4.8 5.1

4.9 4.9

4.9 4.6

4.7 4.8

5.0 4.8

5.0 4.8

5.0 5.0

4.9 5.0

5.0 4.9

Source: Survey of Professional Forecasters, Philadelphia Federal Reserve Bank, February 2007. 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

2007 Feb. '2006 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 /2 498.6 290,972 72.9 33,665 4,483 556.9 291,267 75.3 33,430 4,167 544.6 289,466 73.1 36,926 4,634 493.0 288,304 72.7 36,766 4,450 30,077 23,296 29,242 23,615 31,114 25,625 31,273 23,987 660,973 733,145 56,040 7,593 5,517 652,019 795,445 54,636 7,196 5,698 652,471 797,066 55,098 7,015 6,094 649,148 723,753 55,668 7,071 5,525 12,110 1,515 1,602 11,973 1,626 1,625 11,974 1,593 1,841 11,726 1,584 1,711 Dec. Jan. 1,000 Head Feb. /*

ESTIMATED RETURNS
2007 Mar. '2006 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=100 101.4 93.8 89.8 136.7 133.3 131.6 142.9 128.1 120.3 151.5 127.8 115.4 101.5 101.6 101.7 115.1 101.7 95.6 129.3 105.8 95.1 129.3 106.3 95.9 39.69 NA 43.34 NA 3.65 Index 101.0 85.6 80.1 0.00 Index 124.8 118.5 116.2 NA NA NA Index 125.1 130.3 132.1 NA NA NA Index 129.9 133.4 134.6 95.89 86.06 -9.83 100.20 88.14 -12.06 97.03 89.93 -7.10 95.32 97.75 2.43 Jan. Feb. Cents/lb Mar. /*

/1 First of month. /2 Last month estimated. /3 Does not include capital replacement cost. /* estimate.

MEAT STATISTICS
Jan. Mar. 2006 Commercial production Beef Veal Pork Lamb Total red meat Broilers Other chicken Turkeys Total poultry Total meat & poultry 6,082 36 5,335 49 11,502 8,938 126 1,355 10,418 21,920 Jan. Mar. 2007 6,267 39 5,397 49 11,751 8,692 120 1,389 10,202 21,953 Jan. Mar. 2007 8,175 4,047 2,551 796 666 118 206 686 26,751 25,838 816 2,166,898 60,759 2006 Nov. 2,227 13 1,896 15 4,151 2,898 41 505 3,444 7,595 2006 Nov. 2,842 1,386 888 301 223 44 67 224 9,365 9,040 285 715,655 23,510 2006 Nov. 789 195 70 203 2006 2007 Dec. Jan. Million pounds 2,050 2,164 13 14 1,796 1,898 15 15 3,874 4,091 2,725 3,011 37 39 428 483 3,190 3,533 7,064 7,625 2006 2007 Dec. Jan. Thousand head 2,613 2,799 1,304 1,410 784 834 270 279 215 232 40 43 68 74 224 217 8,883 9,366 8,577 9,072 269 269 679,262 748,998 19,289 20,759 2006 Dec. Pounds 790 193 70 203 2007 Jan. 778 194 71 203 Feb. 1,953 12 1,636 14 3,616 2,661 37 424 3,122 6,738 Mar. 2,150 12 1,863 19 4,044 3,020 44 482 3,546 7,590 /*

Jan. Mar. 2006 Commercial slaughter/** Cattle 7,843 Steers 4,018 Heifers 2,435 Beef Cows 674 Dairy Cows 591 Bulls and stags 126 Calves 167 Sheep 676 Hogs 26,208 Barrows & gilts 25,350 Sows 788 Broilers 2,200,679 Turkeys 58,208

Feb. 2,562 1,257 817 246 206 36 67 204 8,117 7,832 250 671,500 18,500

Mar. 2,815 1,380 900 271 228 39 65 265 9,268 8,934 297 746,400 21,500

/*

Mar. 2006 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

Feb. 767 183 72 202

Mar. 764 183 72 202

/*

777 216 74 204

440.6 540.2 61.6 57.3 923.7 315.7 24.5

485.7 431.3 30.6 65.3 723.5 404.2 16.3

Million pounds 520.3 421.3 41.9 39.7 692.3 214.5 17.1

482.1 442.5 38.4 66.3 750.4 218.4 16.5

469.3 484.3 46.2 66.3 676.6 293.4 17.2

451.3 483.6 46.1 74.3 626.4 318.0 15.7

LIVESTOCK PRICES 2006 Mar. 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 2007 Dec. Jan. $/cwt 86.5 85.83 46.5 41.5 88.14 86.75 49.2 48.5

Nov.

Feb.

Mar.

/*

86.06 85.73 52.7 49.8

87.53 86.56 45.83 43.06

91.4 88.68 53.63 52.63

96.6 96.5 49.5 49.5

132.82 125.49 102.3 125.11 97.16

117.18 104.19 100.35 108.62 95.34

119.25 104.63 100.99 108.9 96.14

116.03 102.38 97.17 108.32 92.21

121.16 111.3 97.5 109.89 93.16

128.5 119.5 104.5 113.5 96

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

43.3418

45.9688

44.8366

44.0448

48.5958

46

36.01

38.97

34.66

32.69

35.94

36

67.47 45.21 104.02

85.4 39.5 104.3

83 38.25 101.63

81 40.5 102

82.27 41.79 109.63

84 43 108

GRAIN AND FEED PRICES 2006 Mar. Corn, #2 Yellow, Cen. Ill Wheat, HRW Ord., K.C. SBM, 48% Solvent, Decatur Alfalfa Hay, U.S. Avg. Grass Hay, U.S. Avg. 2.04 4.44 175.07 100 86.6 2007 Dec. Jan. $/bu 3.01 3.23 5.35 5.15 $/ton 180.79 190.46 112 115 99.3 102

Nov. 3.43 5.45 190.67 109 98.1

Feb. 3.9 5.27 208.81 117 105

Mar. 3.95 5.4 208 N/A N/A

/*

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

WHOLESALE PRICES
2006
Mar. Beef, Central U.S. Boxed beef cutout Choice 1-3, 600 - 900 lbs. Choice 1-3 700-850 lb 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 Nov. Dec.

2007
Jan. Feb. Mar. /*

144.94 144.94 134.01 N/A 141.48 130.68 7.98 N/A

143.64 143.64 130.8 N/A 127.16 137.5 8.98 N/A

$/cwt 142.92 149.15 142.92 149.15 126.29 136.89 N/A N/A 127.19 134.33 9.16 N/A 142.79 132.95 9.53 N/A

149.54 149.54 142.48 N/A 142.46 135.13 9.67 N/A

158.25 0 148.75 N/A 144 132.5 9.66 N/A

63.15 101.31 78.67 57.29 47.93

65.89 92.02 78.64 70.27 48.25

64.86 101.15 79.5 60.31 48.24

63.7 100.96 86.25 55.44 47.02

69.87 112.08 96.08 61.32 44.75

69 110 94 61 43

N/A 190.63

N/A 201.13

N/A 205.43 cents/lb

N/A 206.21

N/A 205.18

N/A 207

Broilers 12 City Avg. Georgia dock Northeast Breast, boneless Breast, Ribs on Legs, whole Leg quarters

61.77 67.02 99.87 64.24 27.93 17.65

65.93 68.06 95.34 68.83 37.25 29.11

66.48 68.73 114.93 75.28 43.33 31.61

70.43 70.6 127.3 84.76 48.63 34.07

75.89 73.1 144.33 100.46 53.43 38.8

78.1 75.2 152.1 108.4 56.75 40.8

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

67.43 67.67 114.43 45.9 24.72

98.99 99.51 128.56 38.76 30.3

73.58 74.2 129 39.78 32.06

67.63 67.63 118.46 42.3 36.14

69.84 69.84 118.5 47.2 30.8

70.2 70.2 117.5 50.1 32.1

68.56 79.61

87.93 99.95

89.36 95.65

97.47 113.85

93.63 97.5

93.4 102

/* 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 2004 2005 2006 Dec-05 Jan-06 Feb-06 Mar-06

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

155,528 8,082 19,243 170,934

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

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

13,599 8,179 1,663 14,853

14,027 8,198 1,711 15,336

13,018 8,206 1,586 14,246

14,599 8,224 1,775 15,971

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

16.05 16.05 15.44 15.39 13.20 52.66

15.14 15.14 14.48 14.05 12.88 53.94

12.90 12.92 12.21 11.89 11.06 49.08

14.80 14.80 14.40 13.37 12.57 49.56

14.50 14.50 14.00 13.39 12.20 49.06

13.50 13.50 12.60 12.20 11.10 51.94

12.60 12.60 11.50 11.11 10.68 51.65

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

1.8166 1.6492 1.6036 0.8793

1.5484 1.4928 1.4484 0.9918

1.2364 1.2562 1.2317 1.0245

1.3552 1.4224 1.3896 1.0597

1.3368 1.3335 1.3009 1.0096

1.1930 1.1989 1.1742 0.9263

1.1663 1.1638 1.1237 0.8788

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

188.9 186.2 180.2 125.0 120.2

195.3 190.7 182.4 127.0 122.1

201.6 195.2 181.4 125.5 122.8

196.8 192.9 183.2 128.7 121.9

198.3 194.1 183.7 127.9 122.6

198.7 194.0 183.4 128.9 123.4

199.8 194.0 183.0 127.1 123.7

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

1,246.7 3,738.8 5,134.3 1,284.4 108,944 1,412.4

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

1,443.6 3,937.4 5,522.8 1,288.7 117,036 1,227.6

126.0 330.1 468.8 80.0 9,362 103.7

147.3 324.5 447.8 91.2 9,811 107.3

137.0 304.4 416.6 91.2 9,298 117.5

142.0 338.4 474.3 113.9 10,389 128.3

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

93.4 481.8 233.0 110.8 8,333 8,476 582 10,405

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 20 809

60.4 516.0 204.1 91.1 7,721 8,306 24 827

58.5 536.7 221.3 114.1 8,007 8,951 20 809

125.1 541.7 223.1 114.0 9,512 9,020 23 764

169.0 553.5 229.0 119.4 10,667 9,309 20 646

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

1,352.4 3,805.6 5,536.4 1,320.9 176,355 6,460 15,034

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

2,169.6 3,991.1 5,931.5 1,201.9 184,250 6,776 15,981

132.8 313.6 495.6 84.6 15,106 572 1,271

821.0 329.1 471.9 107.3 14,209 537 1,363

94.5 298.7 437.1 112.2 13,323 499 1,232

118.5 327.6 489.8 120.5 15,402 572 1,376

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

-6.6 5.9 105.4 -65 1285

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 1.2 0 14

Mil. lb. Mil. lb.

5,278 4,839

5,071 4,839

4,981 4,762

630 558

470 385

315 342

347 343

$/metric ton $/metric ton

1,898 2,072

1,970 2,261

1,910 2,460

2,013 2,194

2,013 2,106

2,003 2,125

2,000 2,290

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) Apr-06 May-06 Jun-06 Jul-06

Aug-06

Sep-06

Oct-06

Nov-06

Dec-06

Jan-07

Feb-07

14,222 8,240 1,726 15,546

14,712 8,257 1,782 16,057

14,033 8,269 1,697 15,305

13,937 8,258 1,688 15,164

13,838 8,255 1,676 15,089

13,307 8,251 1,613 14,486

13,637 8,255 1,652 14,885

13,332 8,260 1,614 14,541

13,983 8,276 1,690 15,213

14,276 8,280 1,724 15,666

13,129 8,277 1,586 14,397

12.10 12.20 11.30 10.93 10.36 50.81

12.00 12.00 11.30 10.83 10.33 50.40

11.90 11.90 11.30 11.29 10.22 49.75

11.80 11.80 11.00 10.92 10.21 48.94

12.00 12.10 11.10 11.06 10.64 49.35

12.90 12.90 12.30 12.29 11.10 49.38

13.50 13.50 12.70 12.32 11.51 48.81

13.90 13.90 13.60 12.84 12.11 45.25

14.10 14.10 13.80 13.47 12.30 43.63

14.50 14.50 13.90 13.56 12.53 45.60

14.70 14.70 14.70 14.18 12.71 50.31

1.1632 1.1651 1.1295 0.8603

1.1755 1.1855 1.1674 0.8484

1.1643 1.1924 1.1818 0.8487

1.1645 1.1630 1.1271 0.8659

1.3035 1.2345 1.2223 0.9514

1.3170 1.2933 1.2899 1.0326

1.3206 1.4470 1.3961 1.2255

1.2915 1.3745 1.3813 1.5202

1.2405 1.3223 1.2860 1.3264

1.2248 1.3180 1.3310 1.2851

1.2187 1.3408 1.3374 1.2953

201.5 193.7 181.3 126.3 121.6

202.5 194.2 181.0 124.0 124.0

202.9 194.5 179.6 123.6 123.1

203.5 195.0 180.8 124.1 123.3

203.9 195.5 180.0 123.2 124.8

202.9 196.2 179.9 123.4 122.2

201.8 197.1 182.0 126.0 123.7

201.5 196.8 180.6 125.6 120.0

201.8 197.0 181.0 125.5 121.7

202.4 198.8 183.5 127.0 123.3

202.5 200.0 183.8 128.0 124.7

128.5 338.7 447.8 114.0 10,015 129.2

128.1 346.5 465.1 124.1 10,436 132.3

100.8 337.0 456.9 135.1 9,942 117.0

94.6 328.2 439.2 127.2 9,589 88.2

88.3 318.9 470.0 127.2 9,568 75.9

103.8 325.2 459.1 107.4 9,432 64.9

118.6 321.2 479.1 98.0 9,524 72.3

117.6 314.9 476.2 82.7 9,189 80.0

137.2 339.4 490.8 76.6 9,843 114.7

151.0 342.7 481.2 92.4 10,282 110.8

NA NA NA NA NA NA

195.2 569.2 241.2 126.5 11,492 9,687 13 351

227.6 580.1 252.4 155.3 12,401 10,257 10 250

261.4 601.4 261.9 145.4 13,412 10,462 10 232

262.9 603.6 272.3 111.1 13,519 10,171 12 438

259.7 601.7 297.1 82.9 13,646 10,105 16 624

215.1 580.3 281.7 56.5 12,370 9,442 14 450

190.4 562.7 280.2 40.8 11,646 9,058 14 429

157.4 533.5 276.3 35.7 10,559 8,601 16 386

108.0 519.2 265.1 41.5 9,245 8,384 13 367

108.5 534.0 283.2 80.7 9,509 9,141 10 318

148.5 543.6 288.6 81.4 10,536 9,329 16 298

97.4 332.0 466.9 83.4 14,879 547 1,308

98.2 330.0 487.7 116.8 15,368 557 1,376

105.5 336.4 479.5 132.7 15,540 554 1,351

100.1 331.5 450.5 116.3 15,345 543 1,325

135.2 342.5 520.6 102.4 16,657 594 1,368

130.6 345.4 563.5 80.6 15,469 565 1,297

154.8 360.7 518.8 77.4 16,274 611 1,367

170.9 334.1 531.8 74.9 16,320 614 1,327

142.9 329.4 513.4 77.4 15,464 583 1,291

112.9 338.3 498.4 110.1 15,587 552 1,349

NA NA NA NA NA NA NA

0.0 0.0 17.0 4 198

0.0 0.0 26.2 6 305

0.0 0.0 17.6 4 205

0.0 0.0 0.5 0 6

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

336 370

418 402

435 354

400 392

383 391

348 350

394 396

553 525

582 512

414 312

NA NA

1,963 2,200

1,923 2,308

1,819 2,275

1,813 2,313

1,813 2,622

1,822 2,675

1,834 2,766

1,898 2,906

2,025 2,931

2,028 3,110

2,038 3,138

Commercial disappearance: Milk in all products, 2006
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

15,336 92 15,244 8,007 470 23,721

14,246 83 14,163 9,512 316 23,991

15,971 91 15,880 10,667 347 26,894

15,546 89 15,457 11,492 336 27,285

16,057 91 15,966 12,401 418 28,786

15,305 89 15,216 13,412 435 29,063

15,164 91 15,073 13,519 400 28,992

15,089 91 14,998 13,646 383 29,027

14,486 89 14,397 12,370 348 27,115

14,885 91 14,794 11,646 394 26,834

14,541 89 14,452 10,559 553 25,565

15,237 91 15,146 9,245 582 24,973

181,863 1,077 180,786 8,007 4,981 193,774

Utilization: Ending commercial stocks USDA net removals

9,512 0

10,667 0

11,492 0

12,401 4

13,412 6

13,519 4

13,646 0

12,370 0

11,646 0

10,559 0

9,245 0

9,509 0

9,509 14

Commercial disappearance Percent change from a year ago Cumulative disappearance

14,209

13,323

15,402

14,879

15,368

15,540

15,345

16,657

15,469

16,274

16,320

15,464

184,251

-0.2

2.4

3.8

3.5

0.2

2.1

0.8

4.2

0.0

4.3

4

2

2

14,209

27,532

42,934

57,814

73,181

88,722

104,067

120,724

136,193

152,467

168,787

184,251

First quarter 42,934
Percent change from a year ago

Second quarter 45,787 1.9

Third quarter 47,471 1.7

Fourth quarter 48,058 4.9

2.0

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: Milk in all products, 2007
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

15,679 92 15,587 9,509 414 25,511

Utilization: Ending commercial stocks USDA net removals

10,536 0

Commercial disappearance Percent change from a year ago Cumulative disappearance

14,975

5.4

14,975

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, 2006
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

580 3 576 294 16 886

534 3 531 349 11 891

594 3 591 392 12 994

572 3 569 422 11 1,002

583 3 580 455 14 1,049

546 3 543 492 15 1,051

538 3 535 496 13 1,044

537 3 534 501 13 1,048

530 3 527 454 12 993

558 3 555 428 14 996

551 3 548 388 18 953

577 3 574 339 19 932

6,702 40 6,662 294 167 7,123

Utilization: Ending commercial stocks USDA net removals

349 0

392 0

422 0

455 0

492 0

496 0

501 0

454 0

428 0

388 0

339 0

349 0

349 0

Commercial disappearance Percent change from a year ago Cumulative disappearance

537

499

572

547

557

554

543

594

565

608

614

583

6,774

0.3

3.3

4.7

4.5

0.9

2.6

1.2

5.1

0.7

5.3

3

2

3

537

1,037

1,609

2,156

2,712

3,266

3,810

4,403

4,969

5,577

6,190

6,774

First quarter 1,609
Percent change from a year ago

Second quarter 1,658 2.6

Third quarter 1,702 2.4

Fourth quarter 1,805 5.2

2.8

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, 2007
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

593 3 589 349 15 953

Utilization: Ending commercial stocks USDA net removals

387 0

Commercial disappearance Percent change from a year ago Cumulative disappearance

566

5.8

566

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, 2006
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

1,344 8 1,335 769 33 2,138

1,234 7 1,227 775 29 2,031

1,388 8 1,380 800 29 2,209

1,350 8 1,342 832 32 2,206

1,393 8 1,385 881 35 2,300

1,321 8 1,313 898 30 2,242

1,293 8 1,286 874 34 2,193

1,286 8 1,278 868 34 2,180

1,241 8 1,234 811 30 2,075

1,295 8 1,287 778 34 2,099

1,271 8 1,263 739 45 2,047

1,320 8 1,312 721 44 2,076

15,735 93 15,642 769 410 16,821

Utilization: Ending commercial stocks USDA net removals

775 0

800 0

832 1

881 17

898 26

874 18

868 1

811 0

778 0

739 0

721 0

785 0

785 62

Commercial disappearance Percent change from a year ago Cumulative disappearance

1,363

1,232

1,376

1,308

1,376

1,351

1,325

1,368

1,297

1,360

1,327

1,291

15,973

2.8

2.3

3.5

0.7

1.6

2.3

2.7

3.2

-2.0

3.3

2

2

2

1,363

2,595

3,971

5,279

6,655

8,006

9,330

10,699

11,995

13,356

14,683

15,973

First quarter 3,971
Percent change from a year ago

Second quarter 4,035 1.5

Third quarter 3,990 1.3

Fourth quarter 3,978 3.1

2.9

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, 2007
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

1,374 8 1,366 785 27 2,178

Utilization: Ending commercial stocks USDA net removals

802 0

Commercial disappearance Percent change from a year ago Cumulative disappearance

1,376

3.8

1,376

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, 2006
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Beginning commercial stocks Imports Total supply 147.3 58.5 1.4 207.2 137.0 125.1 1.4 263.5 142.0 169.0 2.7 313.6 128.5 195.2 1.3 325.0 128.1 227.6 3.8 359.6 100.8 261.4 6.2 368.4 94.6 262.9 2.4 359.9 88.3 259.7 2.2 350.3 103.8 215.1 2.2 321.1 118.6 190.4 3.2 312.2 117.6 157.4 4.0 278.9 137.2 108.0 6.2 251.5 1,443.8 58.5 37.0 1,539.3

Utilization: Ending commercial stocks USDA net removals

125.1 0.0

169.0 0.0

195.2 0.0

227.6 0.0

261.4 0.0

262.9 0.0

259.7 0.0

215.1 0.0

190.4 0.0

157.4 0.0

108.0 0.0

108.5 0.0

108.5 0.0

Commercial disappearance Percent change from a year ago Cumulative disappearance

82.1

94.5

118.5

97.4

98.2

105.5

100.1

135.2

130.6

154.8

170.9

142.9

1,430.7

-15.9

9.3

12.1

10.0

-11.5

-1.4

-1.4

10.3

3.1

12.0

12.4

7.6

5.8

82.1

176.6

295.0

392.4

490.6

596.1

696.2

831.4

962.0

1,116.9

1,287.8

1,430.7

First quarter 295.0 Percent change from a year ago 1.8

Second quarter 301.1 -1.8

Third quarter 366.0 4.3

Fourth quarter 468.7 10.8

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, 2007
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Beginning commercial stocks Imports Total supply 151.0 108.5 1.9 261.4

Utilization: Ending commercial stocks USDA net removals

148.5 0.0

Commercial disappearance Percent change from a year ago Cumulative disappearance

112.9

37.5

112.9

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, 2006
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Beginning commercial stocks Imports Total supply 107.3 114.0 0.0 221.3 117.5 114.0 0.1 231.6 128.3 119.4 0.5 248.3 129.2 126.5 0.0 255.7 132.3 155.3 0.9 288.5 117.0 145.4 0.2 262.6 88.2 111.1 0.4 199.7 75.9 82.9 0.1 158.9 64.9 56.5 0.0 121.4 72.3 40.8 0.1 113.2 80.0 35.7 0.5 116.3 114.7 41.4 2.0 158.1 1,227.6 114.0 4.9 1,346.5

Utilization: Ending commercial stocks USDA net removals

114.0 0.0

119.4 0.0

126.5 1.2

155.3 17.0

145.4 26.2

111.1 18.9

82.9 0.5

56.5 0.0

40.8 0.0

35.7 0.0

41.4 0.0

80.7 0.0

80.7 63.8

Commercial disappearance Percent change from a year ago Cumulative disappearance

107.4

112.1

120.5

83.5

116.8

132.7

116.3

102.4

80.6

77.4

74.9

77.4

1,202.0

-10.5

2.3

6.2

-14.0

-8.6

4.4

8.0

5.8

-25.2

-5.5

-15.5

-8.5

-4.8

107.4

219.5

340.0

423.5

540.3

673.0

789.3

891.7

972.3

1,049.7

1,124.6

1,202.0

First quarter 340.0 Percent change from a year ago -0.9

Second quarter 333.0 -5.4

Third quarter 299.3 -4.2

Fourth quarter 229.8 -9.9

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, 2007
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Beginning commercial stocks Imports Total supply 110.8 80.7 0.0 191.5

Utilization: Ending commercial stocks USDA net removals

81.4 0.0

Commercial disappearance Percent change from a year ago Cumulative disappearance

110.1

2.5

110.1

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, 2006
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Beginning commercial stocks Imports Total supply 324.5 536.7 9.6 870.8 304.4 541.7 6.2 852.3 338.4 553.5 4.9 896.8 338.7 569.2 4.2 912.1 346.5 580.1 4.7 931.4 337.0 601.4 1.7 940.1 328.2 603.6 1.3 933.2 318.9 601.7 2.2 922.8 325.2 580.3 2.6 908.1 321.2 562.7 4.0 887.9 314.9 533.5 4.8 853.3 339.4 519.2 4.8 863.4 3,937.4 536.7 51.0 4,525.1

Utilization: Ending commercial stocks USDA net removals

541.7 0.0

553.5 0.0

569.2 0.0

580.1 0.0

601.4 0.0

603.6 0.0

601.7 0.0

580.3 0.0

562.7 0.0

533.5 0.0

519.2 0.0

534.0 0.0

534.0 0.0

Commercial disappearance Percent change from a year ago Cumulative disappearance

329.1

298.7

327.6

332.0

330.0

336.4

331.5

342.5

345.4

354.4

334.1

329.4

3,991.1

0.7

7.8

4.6

9.1

8.2

6.5

8.4

1.8

4.2

8.4

-1.9

5.2

329.1

627.9

955.4

1,287.5

1,617.5

1,953.9

2,285.4

2,627.9

2,973.3

3,327.7

3,661.7

3,991.1

First quarter 955.4 Percent change from a year ago 4.2

Second quarter 998.5 7.9

Third quarter 1,019.4 4.7

Fourth quarter 1,017.8 3.8

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, 2007
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Beginning commercial stocks Imports Total supply 342.7 534.0 5.2 881.9

Utilization: Ending commercial stocks USDA net removals

543.6 0.0

Commercial disappearance Percent change from a year ago Cumulative disappearance

338.3

2.8

338.3

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, 2006
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Beginning commercial stocks Imports Total supply 447.8 221.3 25.9 695.0 416.6 223.1 26.4 666.1 474.3 229.0 27.7 731.0 447.8 241.2 30.4 719.4 465.1 252.4 32.0 749.6 456.9 261.9 33.0 751.8 439.2 272.3 36.2 747.7 470.0 297.1 35.2 802.3 459.1 281.7 30.8 771.7 479.1 281.6 34.4 795.1 476.2 276.3 44.4 796.9 490.8 265.1 40.7 796.6 5,522.9 221.3 397.1 6,141.2

Utilization: Ending commercial stocks

223.1

229.0

241.2

252.4

261.9

272.3

297.1

281.7

208.2

276.3

265.1

283.2

283.2

Commercial disappearance Percent change from a year ago Cumulative disappearance

471.9

437.1

489.8

466.9

487.7

479.5

450.5

520.6

563.5

518.8

531.8

513.4

5931.4

3.6

-3.6

-1.2

2.3

2.7

1.2

-1.5

7.9

13.8

7.3

6.4

3.6

3.6

471.9

909.0

1398.8

1865.8

2353.4

2832.9

3283.5

3804.0

4367.5

4886.3

5418.1

5931.4

First quarter 1398.8 Percent change from a year ago -0.4

Second quarter 1434.1 2.0

Third quarter 1534.5 6.9

Fourth quarter 1564.0 5.8

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, 2007
Item Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec Total

Million pounds Supply: Production Beginning commercial stocks Imports Total supply 481.2 283.2 22.6 787.0

Utilization: Ending commercial stocks

288.6

Commercial disappearance Percent change from a year ago Cumulative disappearance

498.4

5.6

498.4

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 Jan-2006 Feb-2006 Mar-2006 Apr-2006 May-2006 June-2006 July-2006 Aug-2006 Sept-2006 Oct-2006 Nov-2006 Dec-2006 Jan-2007 Feb-2007 TURKEYS Jan-2006 Feb-2006 Mar-2006 Apr-2006 May-2006 June-2006 July-2006 Aug-2006 Sept-2006 Oct-2006 Nov-2006 Dec-2006 Jan-2007 Feb-2007 EGGS Jan-2006 Feb-2006 Mar-2006 Apr-2006 May-2006 June-2006 July-2006 Aug-2006 Sept-2006 Oct-2006 Nov-2006 Dec-2006 Jan-2007 Feb-2007 $ / ton 183.64 176.73 175.04 174.64 175.77 177.66 168.97 159.77 168.92 177.63 190.62 180.84 190.56 208.81 $ / ton 183.64 176.73 175.04 174.64 175.77 177.66 168.97 159.77 168.92 177.63 190.62 180.84 190.56 208.81 $ / ton 183.64 176.73 175.04 174.64 175.77 177.66 168.97 159.77 168.92 177.63 190.62 180.84 190.56 208.81 $ / bushel 1.98 2.08 2.07 2.21 2.35 2.28 2.34 2.09 2.00 2.79 3.37 3.49 3.68 3.91 $ / bushel 1.98 2.08 2.07 2.21 2.35 2.28 2.34 2.09 2.00 2.79 3.37 3.49 3.68 3.91 $ / bushel 1.98 2.08 2.07 2.21 2.35 2.28 2.34 2.09 2.00 2.79 3.37 3.49 3.68 3.91 1998-2000=100 93.5 101.3 101.0 101.4 100.9 103.2 105.6 104.8 104.3 98.6 98.7 113.1 124.8 125.1 1998-2000=100 90.6 91.7 101.5 100.9 101.2 100.6 103.2 106.2 105.3 104.4 97.5 97.8 115.1 129.3 1998-2000=100 99.7 100.1 101.4 100.9 104.3 107.9 106.5 106.5 98.9 98.2 119.0 135.3 136.7 142.9 Market Price Market Price Feed costs

1998-2000=100 96.2 93.5 85.6 85.8 93.5 101.2 103.8 111.4 111.4 99.3 95.8 106.4 118.5 130.3 1998-2000=100 103.2 99.9 101.6 104.9 107.6 110.5 112.7 118.9 127.6 145.6 150.5 111.5 101.7 105.8 1998-2000=100 98.2 70.5 93.8 85.4 58.5 81.9 59.5 84.4 81.1 79.7 120.3 122.2 133.3 128.1

1998-2000=100 97.1 90.7 80.1 80.3 90.9 100.5 103.1 113.7 113.9 99.5 94.7 104.0 116.2 132.1 1998-2000=100 109.0 103.6 101.7 106.8 110.4 114.9 116.9 124.7 137.8 164.4 174.6 117.7 95.6 95.1 1998-2000=100 97.4 55.1 89.8 77.2 34.6 68.4 35.0 72.9 71.8 70.0 121.0 115.4 131.6 120.3

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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