2024 September Board Book

CMAB Milk Production Comparison

2020 to 2021 2021 to 2022 2022 to 2023 2023 to 2024 % Change % Change % Change % Change

2021

2022

2023

2024

January February

3,591,881,356 3,523,704,645 3,315,540,632 3,294,415,818 3,711,091,837 3,704,999,229 3,629,592,418 3,597,030,053 3,709,808,492 3,655,797,733

3,516,877,642 3,523,229,176 3,255,648,146 3,350,814,288 3,623,879,592 3,640,845,001 3,524,284,916 3,516,527,062 3,627,458,745 3,562,152,707

2.70% -1.90% -0.19% -0.97% -0.64% -1.18% 1.33% -0.16% -2.19%

0.18% 2.92% 0.47%

March

4.42% -0.90% -2.02% -0.22% 4.84% -1.46% -0.78% -1.80% 3.55% 0.39% -1.53% -2.24% -0.63% 2.53% -5.67% -0.37%

April May June July

3,328,497,972 3,297,636,812

3,443,968,122 3,457,426,027 3,404,671,543 3,422,363,281 3,508,881,474 3,309,799,621

3,291,637,904

0.52% 2.27% -4.50% -0.06% 0.08% -1.99% 1.84% -1.05% -2.80% 0.28% -0.84% -2.01% 1.62% -0.30% -1.13%

August

3,370,209,607 3,446,864,031

September

3,259,551,116 3,262,119,753 3,197,210,620 3,428,295,882 3,392,424,997 3,297,301,642 3,338,449,997 3,310,255,775 3,243,630,168 3,478,072,463 3,467,696,688 3,428,650,576

October

November December

1.64%

Total

41,698,825,203

-0.19%

41,698,825,203 41,621,616,223

-2.16%

41,621,616,223 40,721,051,115

-0.18%

24,262,620,205 24,219,703,018

8/22/20248:00 AM

Milk Assessments

Production Comparisons