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USDA releases September dairy ending stocks
USDA cold storage stocks for dairy products in September were up except for butter.
Total cheese stocks were up half of a percent to just over 621 thousand metric tons or 1.3 billion pounds. Natural American cheese stocks were up two-tenths of a percent to almost 350 thousand metric tons or 771 million pounds. Other cheeses were up two-tenths of a percent to 271 thousand metric tons or 587 million pounds.
Butter stocks went down seven-tenths of a percent to 137 thousand metric tons or 302 million pounds.
Compared to last year, butter stocks are 7% higher, American cheese is 4% lower, and total cheese is eight-tenths of a percent lower.
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