MD_DA210 DA MD DA210 Fluid Milk and Cream Review - East MADISON, WI. January 07, 2015 (REPORT 1) EAST FLUID MILK AND CREAM REVIEW FLUID CREAM AND CONDENSED SKIM PRICES IN TANKLOT QUANTITIES: SPOT PRICES OF CLASS II CREAM, DOLLARS PER LB. BUTTERFAT: F.O.B. producing plants: Northeast - 1.7882-1.9437 PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS: Northeast - Class II - includes monthly formula prices - .70-1.35 Northeast - Class III - spot prices - 1.00-1.35 SPOT SHIPMENTS OF GRADE A MILK INTO OR OUT OF FLORIDA AND OTHER SOUTHEASTERN STATES THIS WEEK LAST WEEK LAST YEAR IN OUT IN OUT IN OUT FLORIDA 0 0 0 0 0 50 SOUTHEAST STATES 0 0 0 0 0 0 Wintery weather may have some impact on milk distribution as snowfall accumulates in parts of the Northeast and Mid-Atlantic regions. Milk production volumes are steady to heavy. Class I demand is good with the reopening of schools. Conditions at balancing plants are more manageable, as milk intakes return to normal. Some plants have employed schedules to carry out maintenance projects. Milk supplies in the Southeast are avoiding most manufacturing facilities as bottling add-ons increase, prompted by a wintery snow and ice scare. Class I demand is good but not as anticipated, as students return from the holiday break. Florida is seeing plenty of milk produced at the farm level. Production may see a rise near the end of the week, as cooler temperatures prevail. Milk shipments in and out of the state remain balanced. Class I demand is steady to higher following the New Year's holiday and schools reopening. Cream supplies are moving toward equilibrium as manufacturing plants in the Northeast and Mid-Atlantic resumed ice cream production. Multiples for all Classes strengthened this week, and ranged 1.15-1.25. The availability of condensed skim continues to be strong. Demand is light to moderate. The reported wide range of Class II condensed skim spot prices reflects a few transactions initiated over the weekend that cleared into this week. Loads are finding homes in other regions. DAIRY PRODUCTS: According to NASS, U.S. hard ice cream production in the Atlantic region for November 2014 totaled 11.1 million gallons, 2.1% less than a year ago and 14.4% less than the previous month. U.S. yogurt production for November 2014 totaled 322.1 million pounds, down 2.7% from a year ago and down 5.1% from the previous month. Cumulative 2014 production through November totals 4.351 billion pounds, 0.4% higher than a year ago. 1300C Daniel.Johnson@ams.usda.gov 608.278.4156 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