New This Year: Historical Monthly Margins under USDA’s Margin Protection Program.
Source: National Milk Producers Federation
What has 53 tables, 20 graphs and tells you almost anything you need to know about milk production, dairy product production and sales and dairy exports and imports?
The answer is the 2014 edition of Dairy Data Highlights, the National Milk Producers Federation’s handy, pocket-sized booklet including national and state milk and dairy production data from the 1970s through 2012 or 2013.
Dairy Data Highlights has been published annually by NMPF for more than 60 years. A must for anyone involved in milk production, it is available to NMPF member cooperatives and associate members for $7.50 a copy, or $5 for orders of more than 10 copies. For nonmembers, the cost is $10 for single copies or $7.50 for bulk orders. An order form is available on the NMPF website.
All aspects of milk and dairy products production are covered, as well as producer, wholesale and retail milk and dairy product prices; federal milk marketing orders; sales and consumption data for milk and dairy products, and comparative information for U.S. dairy imports and exports.
New this year is a table showing historical monthly income-over-feed cost margins, as defined by the 2014 farm bill for the new Margin Protection Program. The table goes back to January 2000. With two accompanying line graphs, it is a timely addition for producers now making participation decisions on the new federal dairy safety net program.
Also in the booklet:
- National milk production data going back to 1925
- Cow numbers, farms and herd size data going back to 1950
- Milk production and prices, production-per-cow, cow numbers and dairy herd by state, with comparative data from earlier years
- Class III, manufacturing grade and all-milk wholesale prices by year from 1965
- Annual wholesale prices for butter, cheddar cheese, and nonfat dry milk from 1975
- The share of commercial sales by product, including milk, butter, cheese, frozen products and nonfat dry milk from 1970
- Annual production and per-capital consumption of key cheese, butter and frozen products from 1970
- Annual exports of milk, butter, cheese, ice cream, yogurt, and nonfat dry milk by region and country
- A short glossary of dairy industry terms and useful conversion factors for milk and dairy products
For more information, or to order the 2014 edition of Dairy Data Highlights, visit the NMPF website.
The National Milk Producers Federation, based in Arlington, VA, develops and carries out policies that advance the wellbeing of dairy producers and the cooperatives they own. The members of NMPF’s cooperatives produce the majority of the U.S. milk supply, making NMPF the voice of more than 32,000 dairy producers on Capitol Hill and with government agencies. For more on NMPF’s activities, visit our website at www.nmpf.org.