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By 1925, the United States had 1.5-2 million dairy cows, each producing an average of 4200 lb of milk per year. By 2007, there were 9.1 million dairy cows with an average milk production of over 20,000 pounds per year and eight pounds per gallon. [1]
These purchase prices are set high enough to enable dairy processors to pay farmers at least the support price for the milk they use in manufacturing these products. The 2002 farm bill (P.L. 107-171, Sec. 1501) mandated a support price of $9.90/ cwt , effective through December 31, 2007, when the program by law was scheduled to expire.
The international market price of wheat doubled from February 2007 to February 2008 hitting a record high of over US$10 a bushel. [92] Rice prices also reached ten-year highs. In some nations, milk and meat prices more than doubled, while soy (which hit a 34-year high price in December 2007 [93]) and maize prices have increased dramatically.
Milk production in tonnes Year 1 India 213,779,230 2022 2 United States 102,747,320 2022 3 Pakistan 62,557,950 2022 4 China 39,914,930 2022 5 Brazil 35,944,056 2022 6 Germany 33,188,890 2020 7 Russia 32,977,956 2022 8 France 25,028,850 2022 9 Turkey 21,563,492 2022 10 New Zealand 21,051,000 2022 11 United Kingdom 15,540,640 2022 12 Poland
Cow Milk Production by State in 2016 After a brief rise following the Great Recession of 2008-9, milk prices crashed again in the late 2010s to well under $3 a gallon at major grocers in the United States. Pennsylvania has 8,500 farms with 555,000 dairy cows. Milk produced in Pennsylvania yields an annual revenue of about US$1.5 billion. [70]
Looks like milk prices will be going up. According to the TODAY Show, the drought in California could cause milk prices to increase by 60 cents a gallon. This price surge will likely hit in March.
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The Dairy Production Stabilization Act of 1983 (P.L. 98–180, Title I) authorized the Dairy Promotion Program. The national dairy checkoff started in 1983 as an optional program for dairy farmers to contribute to increase demand for dairy products. As of 2011, the program was no longer optional; dairy producers must contribute to the program.