MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  January 08, 2015 (REPORT 1)                             

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $1.7105-1.8660           

Winter storms and cold weather created additional problems for transports. 
Contacts noted the combination of road conditions, trucking availability, 
and excess milk supplies resulted in a few loads of milk being dumped. 
Milk production is mostly steady, but milk handlers expect the recent 
colder temperatures will take a toll on cow production. Milk supplies 
remain abundant with milk spot loads ranging from $12 under to $2.00 under 
Class. Most condensed skim volumes are exchanging hands with discounts. 
Bottling orders picked up as school pipelines were refilled. Class II 
sales on items such as yogurt and sour cream are slow. Cream is plentiful 
with most interest coming from butter churn operators. Cream multiples 
ranged from 1.10 to 1.20. The DMN monthly average of the range price 
series for Upper Midwest Class II cream during November was $2.3049, 
compared to $2.0721 a year ago. The weekly Cow Slaughter under Federal 
Inspection report shows U.S. dairy cow slaughter for the week ending 
December 20, at 59,400 head, 2,100 head or 3% less than the comparable 
week a year ago. 

1100CT Ryan.Studnicka@ams.usda.gov 608-278-4155
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home