Shrinking Supply of Dairy Heifers May Limit Growth of U.S. Milk Production

A sharp decline in the number of dairy heifers available to replace older cows exiting the U.S. dairy herd could limit any meaningful growth in domestic milk production over the next few years. The number of dairy replacement heifers has fallen almost 15% over the last six years to reach a 20-year low, according to data from the USDA’s most recent Cattle report. While the global demand outlook for U.S. dairy products remains murky due to export market uncertainties, any potential growth opportunities may be...

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