MD_DA230 DA MD DA230 Fluid Milk and Cream Review - Central MADISON, WI. March 26, 2015 (REPORT 12) SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT F.O.B. producing plants: Upper Midwest - $1.9488-2.0496 Milk production rates in the Central region have improved slightly. The warmer weather has aided in cow comfort. Most milk spot load prices range from Class to $1.00 under Class. Current retail promotions are aiding in bottling demand for some manufacturers. Class II demand increased with many manufacturers preparing dips and sour cream products. Cream multiples are down this week, ranging from 1.16 to 1.22. Cream supplies tightened up as order volumes increased as many ice cream makers are increasing production. Class III interest is also higher. Lower plant milk intakes in California have led to Midwest milk clearing there. Trucking issues have also arisen due to a shortage of drivers. There have been reports of patrons switching companies, looking for more favorable pricing. The weekly Cow Slaughter under Federal Inspection report shows U.S. dairy cow slaughter for the week ending March 7, at 60,100 head, compared to 59,600 for the same week a year ago. According to DMN National Retail Report-Dairy, the national weighted average advertised price for the week of March 20-26 for a gallon of milk was $2.89 compared to $3.18 a year ago and $3.24 a week ago. In the Midwest, the advertised price for a gallon of milk was $3.49. 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