MD_DA230                                                              
DA                                                                    
MD DA230   Fluid Milk and Cream Review - Central                      

MADISON, WI.  October 19, 2017 (REPORT 42)                            

Milk output in the Midwest remains steady to slower. Intake plant 
contacts relay that spot milk availability has been slower every 
week, but this week the drop was more evident. Upper Midwest farmers 
report that a weekend frost has corn nearly ready to harvest, but 
that wet weather, also over the weekend, has delayed fieldwork at 
least until next week. Cheesemakers continue to report decreasing 
spot milk offers, as spot milk loads range from $0.50 to $2.00 over 
Class III. Ice cream intakes of cream have markedly wound down, 
although later than some contacts had anticipated. Cream availability 
is unchanged from last week, as Class II multiples held steady from 
1.24 to 1.30. Signs of tightening cream supplies reported last week 
have seemed to ease, as cream buyers report that cream is available 
within and outside of the Central region. The DMN National Retail 
Report-Dairy for October 13-19 noted the national weighted average 
advertised price for one gallon of milk was $2.96, down 1 cent from 
last week, but 41 cents higher than a year ago. The weighted average 
regional prices in the Midwest and South Central were $3.19 and 
$2.63, respectively.

SPOT PRICES OF CLASS II CREAM, $ PER POUND BUTTERFAT                  
F.O.B. producing plants:   Upper Midwest -   $2.9010-3.0414           

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