MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  September 14, 2017 (REPORT 37)                          

Reports on Central region milk production point to a variance from location to 
location. Milk supplies headed into some processing plants in the Midwest are 
reportedly down, as Texas area bottlers are refilling pipelines following the 
severe weather. Some other north Central processors are reporting available 
milk supplies. Butter fat and protein ratios remain higher than in previous 
years, as late summer weather has been noticeably mild in the upper Midwest, 
and feedstock quantities and qualities have improved for dairy farmers. Cheese 
processors who are searching for spot milk loads report that discounted milk 
supplies have diminished. Spot milk prices into Class III production ranged 
from flat market to $1.50 over Class. Cream supplies are generally available, 
although some contacts reported fewer options than in previous weeks. Cream 
multiples ranged from 1.22 to 1.30 f.o.b. Class II processing is currently 
slow, although some contacts expect cream cheese manufacturers to increase 
their cream intakes in the next two to three weeks, as the holiday season 
nears. The DMN National Retail Report-Dairy for September 8-14 noted the 
national weighted average advertised price for one gallon of milk was $2.85, up 
25 cents from last week, and 3 cents higher than a year ago. The weighted 
average regional prices in the Midwest and South Central were $2.99 and $2.59, 
respectively.

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $2.9982-3.1948                      
             
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