MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  July 30, 2015 (REPORT 30)                               

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $2.7687-3.0136


Milk production is slowly decreasing, however manufacturers report 
having enough supplies for current needs. Bottling demand is starting 
to increase slightly as some educational institutions begin fall 
terms. Spot load availability is decreasing and most loads are selling 
at $1 under Class. Class II demand is still strong, with some 
manufacturers reporting demand for cream cheese increasing.  Multiples 
are steady to higher, ranging from 1.47 to 1.60. Most manufacturers 
are reporting cream supply tightness. Some processors note cream is 
available, but at higher multiples. The DMN National Retail Report-
Dairy for the week of July 24-30, noted the national weighted average 
advertised price for one gallon of milk was $2.49, down $0.49 from a 
week ago and $0.55 from a year ago. The weighted average price in the 
Midwest region was $2.37. The weekly Cow Slaughter under Federal 
Inspection report shows U.S. dairy cow slaughter for the week ending 
July 11, at 52,700 head, 600 head less 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