MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  January 29, 2015 (REPORT 4)                             

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $1.8290-1.9530           


Central fluid milk is still 3 to 4% above year ago levels.  Class I 
demand is steady.  Fluid milk is still readily available in most parts 
of the Central region and there are spot loads available. Some cheese 
plants are requesting more milk for production. Ice cream 
manufacturers are starting to buy fluid milk as they start production. 
Cream demand is strong for dips. Class II demand is building as 
sweetened condensed milk manufacturers are increasing production and 
storing product due to lower prices. Most spot fluid milk loads are 
going into other manufacturing.  Milk spot loads are ranging from 
$1.50 over to $2.00 under Class to Class. Cream multiples rose this 
week, ranging from 1.18 to 1.26. The NASS Milk Production report noted 
December milk production in the 23 selected states was 16.2 billion 
pounds, 3.2% above a year ago. The following shows Central states 
included in the report and the changes compared to a year ago:  
Illinois, -0.6%; Indiana, +3.7%; Iowa, +4.9%; Kansas, +6.4%; Michigan, 
+7.8%; Minnesota, +2.3%; Ohio, +2.0%; South Dakota, +6.4%; Texas, 
+9.7% and Wisconsin, +3.1%. Milk cows in the 23 selected states 
totaled 8.611 million head in December, 16,000 head more than last 
month and 107,000 more than a year ago. The NASS Livestock Slaughter 
report notes December dairy cow slaughter at 257,000 head, 39,000 head 
more than last month and essentially unchanged from a year ago. 
January-December cumulative dairy cow slaughter totals 2.816 million 
head, compared to 3.125 million head during the same time span in 
2013. The weekly Cow Slaughter under Federal Inspection report shows 
U.S. dairy cow slaughter for the week ending January 10, at 64,800 
head, 5,500 head or 9% more than the comparable week a year ago. This 
is the first report since February 2014 that current slaughter 
exceeded year ago numbers.  



1100CT Tara.Herbst@ams.usda.gov 608-278-4154 
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