MD_DA230 DA MD DA230 Fluid Milk and Cream Review - Central MADISON, WI. May 21, 2015 (REPORT 20) SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT F.O.B. producing plants: Upper Midwest - $2.3789 - 2.5402 Milk production in the Central region is up as the spring flush is in full swing. Sources report that some milk is being put on the ground. Current spot sales are at $2 to $5 under Class, with some reports showing as much as $8 under. This may continue to go lower as the holiday approaches and plants want to find a home for excess milk. Bottling demand is slowing as more educational institutions let out for summer. The upcoming holiday will have a negative effect on demand for Class I, but orders for Class II picked up slightly in recent weeks, but have now tapered. Cream multiples are steady to lower this week, ranging from 1.18 to 1.26. Cream supplies are plentiful. Demand is strong as ice cream and butter producers are reporting to have ample supplies. Sales are up slightly. The DMN National Retail Report- Dairy for the week of May 15-21, noted the national weighted average advertised price for one gallon of milk was $2.72, up $0.10 from a week ago but $0.18 lower from a year ago. The weighted average price in the Midwest region was $2.60, with a range of $1.99-3.50. The weekly Cow Slaughter under Federal Inspection report shows U.S. dairy cow slaughter for the week ending May 2, at 52,800 head, 4,200 head more than the comparable week a year ago. The NASS Milk Production report noted April milk production in the 23 selected states was 16.6 billion pounds, 1.7% above a year ago. The following shows Central states included in the report and the production changes compared to a year ago: Illinois, +3.1%; Indiana, +3.4%; Iowa, +5.9%; Kansas, +6.8%; Michigan, 6.5%; Minnesota, +2.7%; Ohio, +1.1%; South Dakota, +9.8%; Texas, +.0.9% and Wisconsin, +4.0%. Milk cows in the 23 selected states totaled 8.624 million head in April, 77,000 head more than a year ago. 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