MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  October 22, 2015 (REPORT 42)                            

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $2.8196-3.2258


Milk production in the Central region is slowing. Manufacturers report 
full production schedules, but less excess milk is available. Demand 
for Class II has slowed and sources report cream is available. Central 
milk is still finding its way to other regions to aid in filling 
demand. Processors in the region are gearing up for the holiday 
season. Crop harvesting is reportedly going well in the Upper Midwest, 
with some farmers disappointed in yield numbers throughout the region. 
Unfavorable weather conditions were a factor. Prices on milk spot 
loads range from $1.25 to $2.00 over. Spot loads of milk are less 
available than in the past few weeks. Most manufacturers are only 
using in house or contracted supplies. Cream multiples for Class II 
are steady to lower, with a range of 1.18-1.35. Cream sales into 
butter production are also active. According to the DMN National 
Retail Report-Dairy for the week of October 16-22, the national 
weighted average advertised price for one gallon of milk is $2.45 and 
$2.35 in the Midwest.

Dairy Market News Reporting Changes Proposal
Dairy Market News (DMN) is proposing updating the Dairy Market News 
Working Guidelines. This proposal is the result of an industry comment 
period. The updates would allow DMN market reports to additionally 
include information and sales prices reported by individuals and firms 
functioning as marketing agents selling on the behalf of dairy product 
manufacturers. The Working Guidelines updates are intended to capture 
more information on pricing and market conditions and reflect the 
evolution of the marketing of dairy products. Currently, market 
pricing information is collected for first sale, f.o.b. producers' 
plants or warehouses. The changes would be effective starting with 
Report 1, January 2016.


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