MD_DA210 DA MD DA210 Fluid Milk and Cream Review - East MADISON, WI. January 21, 2015 (REPORT 3) 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 - 1.7767-1.9158 PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS: Northeast - Class II - includes monthly formula prices - .80-1.33 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 125 0 150 0 88 0 SOUTHEAST STATES 0 0 0 0 0 0 The Northeast and Mid-Atlantic milk production remains significantly above previous year's levels. Most schools and universities are back in session, prompting stronger Class I demand. Icy roads and wintery conditions, at the first of the week, led to a few milk delays to processing plants. Milk production in the Southeast is steady. Sales are increasing with active Class I demand. Milk re-distribution continues as a bottling plant remains down. A few orders were cut with the fulfillment of post-holiday school needs. Manufacturing milk supplies are adequate. In Florida, temperatures are average with cool nights hovering in the 30s while daytime highs range in the 60s to 70s. Increases in milk production are showing signs of leveling off. Class I demand remains strong. Milk spot shipments into the state have dropped slightly this week, totaling 125 loads compared to 150 last week. Cream supplies are available in most production channels. Trading in the spot market has declined compared to last week. Some contacts expect cream supplies to outlast demand. Multiples for all Classes moved higher, ranging from 1.15-1.24. Class II orders are good for products such as dips and sour cream in preparation for consumers Super Bowl party needs. Condensed skim supplies are sufficient. Class II spot transactions are sluggish. Manufacturing volumes clearing to Class IV production are steady. 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