MD_DA230 DA MD DA230 Fluid Milk and Cream Review - Central MADISON, WI. June 11, 2015 (REPORT 23) SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT F.O.B. producing plants: Upper Midwest - $2.3492-2.6210 Milk production remains strong. Manufacturers indicate that trucking is an issue. Some raw milk haulers are waiting hours just to get weighed in and then longer to unload. Some parts of the region are experiencing warmer weather which contacts note may start to decrease production. Bottling demand is down as more and more educational institutions close for the summer. Processors indicate available milk is going into manufacturing of various products with room in production schedules. Spot loads of milk are available and range from $3-5 under Class, with some as low as $6-10 under. Some processors indicate an increase in demand for milk from farms that do not use growth hormones. Class II demand is increasing. Cream-based and sweetened condensed product processors are pulling heavy along with ice cream manufacturers. Cream multiples are higher this week, ranging from 1.21 to 1.35. Cream supplies are tighter this week as ice cream manufacturers are in full production. Some butter manufacturers continue to churn in order to make and store product for future obligations. The DMN National Retail Report-Dairy for the week of June 5-11, noted the national weighted average advertised price for one gallon of milk was $2.27, down $0.26 from a week ago and down $0.66 from a year ago. The weighted average price in the Midwest region was $2.33, with a range of $1.99-2.99. The weekly Cow Slaughter under Federal Inspection report shows U.S. dairy cow slaughter for the week ending May 23, at 51,800 head, 3,400 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