MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  August 03, 2017 (REPORT 31)

Fluid milk flowing into Midwestern intake facilities is reportedly mixed this 
week. Some contacts report lots of milk is crossing state borders within the 
region. Others suggest milk is becoming harder to find. Some fluid milk 
contacts point out that overall milkfat percentages, in the upper Midwest, are 
higher than in previous summers. Bottling contacts suggest a continued 
slowness, prior to the upcoming school rush. Cheese facilities are reporting a 
declining amount of spot milk availability. A majority of spot milk prices, 
into Class III production, ranged from flat market to $2 under Class. Cream is 
still available at similar multiples to previous weeks, 1.22 to 1.32 f.o.b. 
Some contacts convey that packaged ice cream manufacturers are taking on less 
cream, creating more availability for other types of manufacturing. Butter 
makers report cream availability has slightly declined, although intakes are 
still available to meet churning needs. The DMN National Retail Report-Dairy 
for July 28-August 3 noted the national weighted average advertised price for 
one gallon of milk was $2.43, unchanged from last week and $0.23 lower than a 
year ago. The weighted average regional price in the Midwest was $1.96.

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $3.2141-3.4775           
       
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