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USDA - AMS: Organic Dairy Market Overview (2019-05-31)

USDA U.S. Department of Agriculture - May 31, 2019


     MD_DA900

     Organic Dairy Market Overview

     Report 22 - Released on May 31, 2019

     ORGANIC DAIRY RETAIL OVERVIEW

     Federal Milk Market Order 1 in New England reports utilization of types of organic milk by
     pool plants. In April 2019, organic whole milk utilization totaled 11.9 million pounds,
     down from 14.9 million pounds one year earlier. The April 2019 butterfat content was 3.27
     percent, a decline from 3.28 percent in 2018. Organic reduced fat milk utilization for April
     this year, 15.3 million pounds, was down from 18.1 million pounds one year earlier. The
     butterfat content was reported 1.31 percent, down from 1.32 percent the previous year.

     Total organic advertisements grew 54 percent for surveyed retail stores across the country.
     Regionally, the Northeast, Southeast, and South Central show hikes in retail advertisement
     volume of 16 percent, 118 percent and 80 percent this week, respectively. Driving retail ad
     volume were 32 ounce organic Greek yogurt, and half gallon organic milk. Yogurt ads were 23
      times higher, and milk ads increased 43 percent.

     Markets participants report lackluster trading on light post-holiday demand for all organic
     grains. Feed grade corn traded 17 cents higher, with the bulk of activity centered around
     f.o.b. spot sales of old crop. Most farmers are behind on new crop planting in regions
     affected by wet weather. Feed grade soybeans traded 20 cents lower in the spot market.
     Transactions for feed grade wheat was limited. Soybean meal traded between 840.00 and
     870.00 per ton, crusher f.o.b. price.

     Information for the period May 20 - 31, 2019, issued biweekly

     Published by:
     Dairy Market News - Madison, WI
     DANIEL JOHNSON, 608-422-8605
     Email: daniel.johnson4@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: http://www.ams.usda.gov/market-news/dairy
     DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home

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