MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  August 27, 2015 (REPORT 34)                             

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $3.0362-3.5984           

The effects of the recent hotter weather in the upper Midwest is 
contributing to milk production trending lower. Processors are still 
noting full production schedules, but have noticed the decline. Spot milk 
has limited availability and sales are at Class to $2.00 over Class. 
Bottlers are still reporting increases in demand as more and more schools 
start fall sessions. Processors are reporting tightness in cream. Most say 
it is available, but at a higher pricing level than they want to pay. The 
higher butter prices and subsequent basing points have made overall cream 
prices higher. Cream multiples decreased slightly, now spanning 1.35 to 
1.60. The DMN National Retail Report-Dairy for the week of August 21 - 
27, noted the national weighted average advertised price for one 
gallon of milk was $2.57, up $0.53 from a week ago, but $.52 lower 
from a year ago. The weighted average price in the Midwest region was 
$2.77. 




1100CT Tara.Herbst@ams.usda.gov 608.557.7007
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