MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  October 08, 2015 (REPORT 40)                            

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $3.3775-3.6477           

Central region milk production has slowed seasonally. Processors are 
comfortable at current levels. Components are dropping, but 
manufacturers report cream is available. Cream demand from ice cream 
manufacturers has tapered, but other cream-based products have a 
strong demand. Cream multiples are steady, ranging from 1.25 - 1.35. 
Harvesting for corn and soybeans is ongoing. Many farmers in the Upper 
Midwest report a fourth cutting on alfalfa. According to the DMN 
National Retail Report-Dairy for the week of October 2 - 8, the 
national weighted average advertised price for one gallon of milk is 
$2.74 and $2.65 in the Midwest.


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