MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  August 20, 2015 (REPORT 33)                             

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $2.8085-3.2530           

Dairy processors report milk volumes are trending lower both on a tanker 
load and overall throughput basis. There are some spot loads available, 
and sales are capturing Class to $1.25 over. Bottlers are ramping up their 
orders ahead of more schools reopening. Milk continues to stair step to 
the Southeast to meet growing Class I demand in that region. Manufacturers 
note the increasing sales of raw milk are also removing some cream from 
the region, and tightening cream supplies. Despite somewhat decreased 
availability, cream multiples decreased on the low end of the range, but 
moved higher on the top, now spanning 1.39 to 1.61. The DMN National 
Retail Report-Dairy for the week of August 14 - 20, noted the national 
weighted average advertised price for one gallon of milk was $2.04, 
down $0.46 from a week ago, and $1.02 lower from a year ago. The 
weighted average price in the Midwest region was $1.81. The NASS Milk 
Production report noted July milk production in the 23 selected states was 
16.6 billion pounds, 1.2% above a year ago. The following shows Central 
states included in the report and the changes in production compared to a 
year ago: Illinois, +1.9%; Indiana, +2.4%; Iowa, +3.6%; Kansas, +1.5%; 
Michigan, +6.3%; Minnesota, +4.2%; Ohio, +0.9%; South Dakota, +12.3%; 
Texas, -1.2% and Wisconsin, +5.3%. Milk cows in the 23 selected states 
totaled 8.63 million head in July, 47,000 head more than a year ago.


1100CT Janet.Linder@ams.usda.gov 608.557.7003
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home