MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  May 28, 2015 (REPORT 21)                              

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $2.2621-2.3579

The spring flush and favorable weather conditions are making for 
available milk. Some processors in the Upper Midwest report milk 
intakes are 2-3% over year ago levels. Spot loads are at $5 to $7 
under Class, with some reports showing as much as $10 under. Some 
manufacturers are choosing to buy excess milk in order to make and 
store cheese. Bottling interest has slowed. The holiday weekend, 
warmer weather and educational institutions closing for summer were 
contributing factors. Although, some bottlers indicated a slight 
increase in interest through the end of last week due to retail 
promotions. Class II demand is picking up as demand for cream based 
products and dips increases.  Also, some manufacturers are offering a 
discount to ice cream manufacturers. Cream multiples are steady to 
lower this week, ranging from 1.18 to 1.23. Cream supplies are 
plentiful as most ice cream manufacturers took the weekend off. Demand 
was stronger at the beginning of the week and has now started to 
taper. 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 22-28, noted the national weighted average 
advertised price for one gallon of milk was $2.73, up $0.01 from a 
week ago but down $0.17 from a year ago. The weighted average price in 
the Midwest region was $2.77, 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 9, at 51,600 head, 2,800 head more 
than the comparable week 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