MD_DA210 DA MD DA210 Fluid Milk and Cream Review - East MADISON, WI. January 28, 2015 (REPORT 4) 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 - 1.8600-1.9685 PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS: Northeast - Class II - includes monthly formula prices - .86-1.08 Northeast - Class III - spot prices - 1.10-1.35 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 0 125 0 43 0 SOUTHEAST STATES 0 0 0 0 0 0 The week began for the Northeast region with forecasts of a snow storm of great proportion with freezing rain. However, the snow storm failed to materialize to the extent of predictions, with heavier precipitation primarily in the Boston area. Milk distribution, nonetheless, experienced a range of logistical problems up to immobilization and the cancelling of loads as traffic bans were in place. Some manufacturers braced for the storm beforehand, accepting milk ahead of usual scheduling. Although loads were pulled for bottling, Class I demand outpaced available supplies in most retail channels. Milk production in the Mid-Atlantic region is steady. Manufacturing milk supply is adequate, although a few loads were re-distributed to bottlers. Class I demand is good, prompted by expectation of snow. Milk production in the Southeast is steady to tapering. Bottling plants are full and cancelling loads as sales weaken. Primary manufacturing channel outlets are unable to handle the additional loads while one plant performs maintenance work. As a result, heavy milk volumes are clearing to secondary intake sources. In Florida, temperatures range from 30 degrees for night time lows to 83 degrees for day time highs. According to NASS, state-wide cattle condition is mostly good while winter forage and pasture conditions are fair to good. Milk shipments are balanced this week with no imports or exports. Class I demand is trending seasonally. Cream supplies are sufficient for manufacturing needs. Spot movement is light this week, as some traders note current weather conditions hampering trades. Multiples for all Classes range 1.20-1.27. Condensed skim supplies are adequate. A few loads are being discounted in light trading. Class II skim prices moved lower $.93 with the recent Announcement of Advanced Prices. Class IV production is active. MILK PRODUCTION: According to NASS, milk production in the 23 major States during December 2014 totaled 16.2 billion pounds, up 3.2% from one year ago. December 2014 Milk Production,(USDA-NASS) (Million Lb.) % Change From 1 Year Ago Florida 205 + 4.1 New York 1,162 + 4.1 Pennsylvania 917 + 3.3 Vermont 225 + 3.2 Virginia 152 + 1.3 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