MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  June 29, 2017 (REPORT 26)                               

Farm milk output in the Midwest, overall, is steady to lower. As in other 
regions, intermittent weather conditions are influencing cow comfort levels. 
Supplies off the farm remain plentiful, although not as full as previous 
stages of the flush. Fluid milk sales are sluggish, as school breaks reduce 
bottling needs. Milk supplies into manufacturing are decreasing. However, 
the likelihood of intakes increasing for some processing facilities are 
strong, in light of the July 4 holiday. This week, reported milk discount 
prices range $1.00 to $3.50 under Class in spot markets. Surplus volumes of 
milk could rise over the extended holiday period, affecting the spot price 
as some operations close a day or two next week. Cream supplies in the 
Midwest are currently adequate, although availability will likely increase 
over the course of the week end. Demand is moderate to very good, as summer 
weather spurs ice cream sales. Multiples for the week, ranged 1.20-1.32. 
The DMN National Retail Report-Dairy for 23-29 noted the national weighted 
average advertised price for one gallon of milk was $2.43, down $0.12 from a 
week ago, but $0.23 higher than a year ago. The weighted average regional 
prices in the Midwest and South Central were $2.18 and $2.25, respectively. 
 
SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $3.0562-3.4188           

1100CT Daniel.Johnson@ams.usda.gov (608)422-8605
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-
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