MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  April 9, 2015 (REPORT 14)                              

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $2.0409-2.2168           

Milk production is on the rise partly due to favorable weather 
conditions. Some manufacturers are selling in lower classes due to 
lower needs in Class I and some are reporting no spot loads available. 
Bottling demand is steady to down, but sales for next week look to 
pick up. Class II demand is picking up as ice cream production is 
underway. Surplus milk pricing is at mainly Class to $2.50 under, with 
some buyers looking for pricing at $3.00 under. Cream multiples are 
steady to down this week, ranging from 1.16 to 1.26. Cream supplies 
are available even as ice cream manufacturers have started to increase 
production. The lower part of the region now has ideal growth weather 
with a late start. The Upper Midwest was dry with some farmers 
starting field work. The DMN monthly average of the range price series 
for Upper Midwest Class II cream during March was $2.0660, compared to 
$2.3969 a year ago. The NASS Dairy Products Report noted February U.S. 
regular (hard) ice cream production totaled 58.8 million gallons, up 
0.4% from last year. January-February U.S. production totals 114.4 
million gallons, 0.3% up from 2014 during the same time span. February 
production in the Central region totaled 33.9 million gallons, 0.7% 
less than a year ago. The weekly Cow Slaughter under Federal 
Inspection report shows U.S. dairy cow slaughter for the week ending 
March 21, at 60,400 head, compared to 58,300 for the same week a year 
ago. According to DMN National Retail Report-Dairy, the national 
weighted average advertised price for the week of April 3-9 for a 
gallon of milk was $2.57 compared to $3.00 a year ago and $2.88 a week 
ago. In the Midwest, the advertised price for a gallon of milk was 
$2.13, with a range of $1.99-2.99. 







1100CT Tara.Herbst@ams.usda.gov 608-557-7007 
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