Cows that have been slaughtered are gone and all that can change is the pace of beef cow slaughter going forward.” Through mid-year, beef cow slaughter was down more than 17% year-over-year. Condensed skim in the West is going for $0.20 under Class price and up to $0.30 over Class price in the East. The top of the whey protein concentrate 34% (WPC 34%) price range increased, while the bottom of the range shifted lower. The bottom end of the lactose price range moved lower and the top of the mostly price series moved higher. These data show total June 2025 milk production was 261,000 metric tons, up 14.6 percent over the prior season.