MD_DA230 DA MD DA230 Fluid Milk and Cream Review - Central MADISON, WI. June 15, 2017 (REPORT 24) Early week downpours, along with strong wind and hail, impacted much of the Midwest. The storms hindered milk production schedules, causing a litany of problems from plant power outages to hauling interruptions. With these storms behind milk producers, milk output remains strong in the North Central region, some contacts suggest just shy of recent flush levels. Bottlers have scaled back production, as nearly all schools have begun summer vacation. Cheesemakers, some of whom took on extra milk due to the storms, are still buying spot milk in the $2.50 to $6.50 under Class III range. Ice cream makers have ramped up interest into milk, cream and condensed buttermilk. Cream reports are mixed, as some areas within the region report tightening supplies, while others suggest only a slight variance week over week. F.O.B. cream multiples into Class II production range from 1.19 to 1.27. Butter makers are seeing cream multiples in the 1.18 to 1.21 f.o.b. range. As butter producers see unexpectedly strong demand while they continue to prepare for fall storage, they are taking on ample cream whenever possible. The pull from a variety of end users, along with increasing temperatures, have some contacts expecting a noticeable increase in cream multiples in the weeks to come. The DMN National Retail Report-Dairy for June 9-15 noted the national weighted average advertised price for one gallon of milk was $2.52, down $.82 from a week ago, but $.20 higher than a year ago. The weighted average regional prices in the Midwest and South Central were $2.81 and $1.95, respectively. SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT F.O.B. producing plants: Upper Midwest - $2.9613-3.1604 1100CT Israel.weber@ams.usda.gov (608) 422-8601 USDA/AMS/Dairy Market News, Madison, Wisconsin Dairy Market News website: www.ams.usda.gov/dairymarketnews Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da- home