MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  October 15, 2015 (REPORT 41)                            

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $2.9669-3.2042           

Farm milk intakes within the Central region are mixed. Some areas are 
seeing increases from week to week; in other areas, processors indicate 
milk intakes are steady. Demand for milk from Class I and III is active. 
Class II demand is lower compared to the last few weeks, but a few ice 
cream manufacturers are stilling running ice cream/frozen dessert plants 
near capacity. Central milk loads continue to stair step toward the 
Southeast region to help fill Class I demand. Fluid milk processors are 
looking forward to November and scheduling production slots for holiday-
related fluid products, such as eggnog. Prices on milk spot loads range 
from flat Class to $2.00 over. Spot load availability is limited, with 
some interested Class III buyers indicating their usual sources currently 
don't have any loads available. Cream demand is active as processors ramp 
up production of holiday related items. Cream multiples for Class II are 
steady, with a range of 1.25-1.35. Cream sales into butter production are 
also active. According to the DMN National Retail Report-Dairy for the 
week of October 9-16, the national weighted average advertised price 
for one gallon of milk is $2.56 and $2.01 in the Midwest.

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