TABLE 1
| Year
| American Cheese (thou. #'s)
| National Milk Production (mil #'s)
| Northeast Milk Production (mil #'s) |
|---|
| | | |
|---|
| 1992 | 2,936,561 | 150,885 | 28,170
|
| 1993 | 2,957,260 | 150,637 | 27,841
|
| 1994 | 2,974,420 | 153,602 | 27,545
|
| 1995 | 3,131,390 | 155,293 | 27,960
|
| 1996 | 3,280,773 | 154,006 | 27,450
|
| 1997 | 3,285,558 | 156,091 | 27,984
|
| Change | +11% | +3% | -1%
|
TABLE 2
|
| 1992
| 1993
| 1994
| 1995
| 1996
| 1997 |
|---|
| | | | | | |
|---|
All milk price
($/cwt.) | 13.15 | 12.84 | 13.01 | 12.78 | 14.75 | 13.36
|
| National production | 150,885 | 150,637 | 153,602 | 155,293 | 154,006 | 156,091
|
| N.E Milk Production | 29,760 | 28,953 | 27,873 | 26,982 | 26,269 | 25,189
|
TABLE 3
Regional Milk Production Costs
| Region
| Total Cash Expenses
| | Total Economic Costs
| |
|---|
| April 1999
| May 1999
| April 1999
| May 1999 |
|---|
| Northeast | $13.05 | $13.59 | $18.18 | $18.78
|
| Southeast | $13.68 | $14.22 | $17.90 | $18.55
|
| Upper Midwest | $12.28 | $12.59 | $17.13 | $17.52
|
| Corn Belt | $13.29 | $13.67 | $19.50 | $19.94
|
| Southern Plains | $11.67 | $12.10 | $15.45 | $15.93
|
| Pacific | $9.46 | $9.69 | $11.53 | $11.79
|
TABLE 4
|
| 1992
| 1993
| 1994
| 1995
| 1996
| 1997 |
|---|
| | | | | | |
|---|
Farm Milk Price
($/cwt) | 13.15 | 12.84 | 13.01 | 12.78 | 14.75 | 13.36
|
| Retail Price Indices ('82-'84=100)
|
| Whole Milk | 126.4 | 127.9 | 131.2 | 132.3 | 142.4 | 141.9
|
| Cheese | 135.5 | 135.3 | 136.4 | 137.9 | 144.7 | 144.7
|
| All Dairy | 128.5 | 129.4 | 131.7 | 132.8 | 142.1 | 145.5
|
| All Food | 137.9 | 140.9 | 144.3 | 148.4 | 153.3 | 157.5
|
| CPIndex | 140.3 | 144.5 | 148.2 | 152.4 | 156.9 | 160.6
|
TABLE 5
Table 1, COST OF AND RETURNS FROM PRODUCING MILK
| Milk Production Regions
| Total Cost of Production
| | Gross Value of Production
| | Residual Returns
| |
|---|
| 1996
| 1997
| 1996
| 1997
| 1996
| 1997 |
|---|
| Northeast | 19.00 | 19.99 | 16.39 | 14.95 | -2.61 | -5.04
|
| Southeast | 18.80 | 19.02 | 18.77 | 17.34 | -0.03 | -1.68
|
| Upper Midwest | 17.85 | 19.07 | 16.40 | 15.04 | -1.45 | -4.03
|
| Corn Belt | 19.38 | 20.13 | 16.37 | 15.02 | -3.01 | -5.11
|
| Southern Plains | 16.85 | 16.42 | 16.29 | 14.93 | -0.56 | -1.49
|
| Pacific | 13.10 | 13.93 | 15.03 | 13.96 | 1.93 | 0.03
|
| U.S. | 17.13 | 18.07 | 16.17 | 14.87 | -0.96 | -3.20
|
SOURCE: USDA/ERS
TABLE 6
Table 2, SE Milk Transportation Cost
| MILK SOURCE
| MARKET
| COST/CWT |
|---|
| | |
|---|
| Maryland | Charleston S.C. | $2.60
|
| New Mexico | Atlanta, GA | 5.04
|
| Michigan | Athens, TN | 3.50
|
| Texas | Spartanburg S.C. | 4.10
|
| Pennsylvania | Asheville N.C. | 1.88
|
| New York | Winston Salem N.C. | 2.88
|
Source: UGA Ag & Applied Economics, based on actual Co-op hauling cost for 1998.