U.S. Dairy Cow Slaughter Update – Feb ’17
According to USDA, Jan ’17 U.S. dairy cow slaughter of 269,000 head increased 8.6% MOM but finished 3.0% below the previous year on a YOY basis when normalized for slaughter days. The YOY decline in U.S. dairy cow slaughter rates was eighth experienced throughout the past 11 months while the seasonal increase in slaughter rates of 8.6% was fairly consistent with the ten year average December – January seasonal increase of 7.9%.
’15-’16 annual dairy cow slaughter finished down 0.3% as rates declined 1.5% below the previous year levels over the second half of the production season. Declines in slaughter rates have contributed to the U.S. milk cow herd finishing at the highest figures experienced throughout the past 20 years over recent months. As of Jan ’17, the total U.S. milk cow herd stands at 9.36 million head, which is 56,000 head more than January of last year.
The most significant MOM increase in dairy cow slaughter was exhibited within Standard Federal Region 9 (Arizona, California, Hawaii and Nevada). Figures for Standard Federal Region 5 (Illinois, Indiana, Michigan, Minnesota, Ohio and Wisconsin) were withheld to avoid disclosing data for individual operators.
The largest YOY decline in dairy cow slaughter was exhibited within Standard Federal Region 6 (Arkansas, Louisiana, New Mexico, Oklahoma and Texas). Combined dairy cow slaughter with the other reported Standard Federal Regions increased slightly on a YOY basis throughout the month.
Dairy cow slaughter within Standard Federal Region 6 (Arkansas, Louisiana, New Mexico, Oklahoma and Texas) increased 22.1% MOM but finished 28.9% lower YOY when normalized for slaughter days. Monthly slaughter rates had reached record high levels during January of the previous year as effects from Winter Storm Goliath were experienced, however slaughter levels have declined by a total of 9.2% YOY throughout the past 12 months.
Dairy cow slaughter within Standard Federal Region 9 (Arizona, California, Hawaii and Nevada) increased 14.5% MOM and 0.2% YOY when normalized for slaughter days. Dairy cow slaughter within Standard Federal Region 9 declined on a YOY basis over six consecutive months prior to finishing slightly higher on a YOY basis throughout the month of January.