|Missouri Dairy Business Update|
|Volume 3, Number 1|
Milk prices won't improve until production begins to taper off. December milk production in the US continued to grow, but at a slightly slower pace than the growth in recent months.
For the whole US, milk production was up 1.7% in December over a year ago, based upon 0.4% more cows and 1.4% more milk per cow.
For Missouri, milk production dropped 1.9% from December 2001, based upon 5.0% less cows, but 3.1% more milk production per cow than year ago levels.
December Milk Production
|December 2002 Milk Cows||December 2002 Milk Cows||% Change from last Year||December 2001 Monthly Lbs. Milk/Cow||December2002 Monthly Lbs. Milk/Cow||% Change from Last Year||December 2001 Total Milk Production (Millions of Pounds)||December 2002 Total Milk Production (Millions of Pounds)||% Change from Last Year|
|Top 20 States||7,750,000||7,797,000||0.6%||1,549||1,567||1.2%||12,008||12,220||1.8%|