MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  January 22, 2015 (REPORT 3)                             

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $1.8231-1.9467           

Milk production is mostly steady on the week. However, output is noted to 
be considerably higher than year ago levels due to the mild winter, 
adequate high quality feed, and producers taking advantages of current 
milk prices. Milk supplies are heavier than desired for some processors. 
Milk spot loads are ranging from $2 under Class to Class. Bottlers note 
fluid sales are not picking up as anticipated. Milk demand moving into 
Class II is mixed. Some manufacturers are increasing production to satisfy 
upcoming demand contributed to the Super Bowl, while others are noting 
reduced interest. Cream supplies are readily available, but not to the 
degree as previous weeks as contacts noted increased competition. Cream 
multiples rose this week ranging from 1.18 to 1.26. The weekly Cow 
Slaughter under Federal Inspection report shows U.S. dairy cow slaughter 
for the week ending January 3, at 48,200 head, 3,000 head or 6% 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