MD_DA230 DA MD DA230 Fluid Milk and Cream Review - Central MADISON, WI. February 5, 2015 (REPORT 5) SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT F.O.B. producing plants: Upper Midwest - $1.8804-2.0619 Sources indicate milk production is at 2 to 3% above year ago levels. Fluid milk is selling for $2.00 under class to class. Fluid milk is available. Retail promotions in some stores are helping to elevate sales. Trucking delays have been an issue due to winter storms. Class II sales are strong. Some contacts indicate extra supplies are being made into sweetened condensed milk. Cream is available. Eastern cream is making its way into the Midwest. Cream multiples moved lower this week, ranging from 1.14 to 1.25. The NASS Agricultural Prices report noted the National alfalfa hay price received during December averaged $183 per ton, compared to $186 a year ago. The average corn price was $3.78 per bushel, compared to $4.41 last year; while soybeans averaged $10.30 per bushel, compared to $13.00 a year ago. The all milk price averaged $20.40 per cwt, compared to $22.00 a year ago and $23.00 from November. The milk- feed ratio was 2.38, compared to 2.30 a year ago. The January average price received for milk cows was at $1,900, compared to $1,440 from last year. According to DMN National Retail Report- Dairy, the national weighted average advertised price for the week of January 30 through February 5 for a gallon of milk was $3.40 compared to $3.01 a year ago. In the Midwest, the advertised price for a gallon of milk was $2.50. 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