MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  October 01, 2015 (REPORT 39)                            

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $3.7119-4.0088           

Milk production in the Central region is mixed. Haulers in southern 
areas note production started to increase about a month ago, but that 
production turnaround is just starting to show up in north central 
areas. Milk intakes at some processing plants starting increasing last 
week, but a few handlers state milk is holding steady. Milk components 
are generally on the rise as heat and humidity decrease. Demand from 
bottlers is steady to higher to support in-store specials in the north 
central area. A few balancing plant managers noted they are filling 
additional milk orders destined for the Southeast region as residents 
in that area stock up ahead of Hurricane Joaquin. Commodity and 
specialty cheese makers are still looking for spot loads of milk, but 
meeting with varied success in locating loads. One or two cheese plant 
operators indicate they've been offered numerous loads due to long 
standing business relationships. Other marketers indicate they are 
short of meeting upcoming commitments from internal milk supplies, and 
they have been unable to find sufficient milk volumes to fulfill 
upcoming needs. Prices for manufacturing milk range from $.50 to $2.00 
above Class. Cream availability is steady to higher as a result of 
rising butterfat content in milk and lower demand from Class II 
manufacturers. Cream multiples are lower, ranging from 1.25 - 1.35. 
Winter wheat and cover crop planting continues in the south central 
area. Soybean, silage and shell corn harvesting is ongoing throughout 
the Central region. According to the DMN National Retail Report-Dairy 
for the week of September 25-October 1, the national weighted average 
advertised price for one gallon of milk is $2.54, $2.09 in the Midwest 
and $2.50 in the South Central region.


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