MD_DA230 DA MD DA230 Fluid Milk and Cream Review - Central MADISON, WI. December 03, 2015 (REPORT 48) SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT F.O.B. producing plants: Upper Midwest - $3.5380-3.7700 North Central area milk production is steady while there are some small week to week gains in the South Central. Milk volumes clearing into bottling facilities are trending lower overall compared to last week. While retail outlets posted fewer orders for milk items, K-12 school districts placed heavier orders for full week meal programs. Spot milk availability improved within several areas, and cheese plant operators took the opportunity to nab loads to meet higher production goals for the week. For some, this is one of the first Q4 chances to obtain significant volumes of milk outside of their usual suppliers. Spot milk prices range from $.75 under to flat Class. Milk managers are currently making arrangements to place milk through December, but especially during the last week of the month. Cream availability varies by area, with buyers reporting an increase in offers originating from outside the Central region. Some Eastern cream is clearing into the Central. Within the region, multiples range from 1.22 to 1.30. Class II operators are generally taking in lower cream volumes than in previous weeks. According to the DMN National Retail Report-Dairy for the week of November 27-December 3, the national and Midwest weighted average advertised prices for one gallon of milk are, respectively, $2.69 and $2.65. Dairy Market News Reporting Change Notice Upon the conclusion of the October 2015 industry comment period and a review of industry responses, Dairy Market News (DMN) is updating the Dairy Market News Working Guidelines, effective Report 1, January 2016. The updates will 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. Link to current and updated DMN working guidelines: http://www.ams.usda.gov/market-news/individual-dairy-market-news- commodity-reports December 1, 2015 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