MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  November 24, 2015 (REPORT 47)                           

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $3.4043-3.7505           

Milk production in the Central region varies from steady to marginally 
higher. Fluid orders are stronger than expected through midweek, with 
bottlers filling orders for last minute grocery shopping. On a holiday-
shortened processing week, milk marketers are busy finding homes for milk 
spot loads. Several cheese plant operators are taking in milk as orders 
for specialty cheese varieties are still active ahead of Christmas. Spot 
milk prices range from $.50 to $3.00 under Class. According to the DMN 
National Retail Report-Dairy for the week of 20-26, the national and 
Midwest weighted average advertised prices for one gallon of milk are, 
respectively, $2.72 and $2.30. The NASS Milk Production report noted 
October milk production in the 23 selected states was 16.0 billion pounds, 
0.1% above a year ago. 
October 2015 Milk Production, (USDA-NASS)

           (Million Lb.)      % Change From
                                 1 Year Ago
  
Illinois            151           + 1.3
Indiana             339           + 4.0
Iowa                395           + 1.3
Kansas              264           - 0.4
Michigan            853           + 4.5
Minnesota           775           + 1.8
Ohio                454           + 0.9
South Dakota        204           +13.3
Texas               852           - 0.7
Wisconsin         2,445           + 4.5

Milk cows in the 23 selected states totaled 8.632 million head in October, 
38,000 head more than a year ago. Cream availability ahead of the holiday 
is steady to higher as the week advances. Some Class II operation managers 
plan for fewer hours of production, and have decreased cream orders to 
match. Multiples shifted lower, ranging from 1.18 to 1.30. 

1430CT 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