Dairy Cow Numbers Fall as Beef Prices Remain High

New data shows there are fewer dairy cattle in major dairy-producing states now than just a few months ago. According to the July U.S. Milk Production Report, the number of dairy animals in 24 major dairy-producing states was up year over year. However, herd numbers have fallen compared to earlier in the year as milk prices remain lower than beef prices. As a result of low prices, some producers have decided to cull parts of their herd for beef production.

Dairy industry professionals are calling on the USDA to act, advocating for a change to the federal milk marketing order system. Advocates argue the shift from the ‘higher of’ method to the ‘average of’ system has collectively cost producers more than $1 billion. The hearing is set for August 23. Read more.