MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  March 11, 2015 (REPORT 10)                                                  


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 -  2.0194-2.1950                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS:                
Northeast - Class II - includes monthly formula prices -  1.06-1.10                       
Northeast - Class III - spot prices -  1.18-1.22                                          

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    40     0    43     0   140                                  
SOUTHEAST STATES         0     0     0     0     0     0    

In the Northeast and Mid-Atlantic regions, weather conditions are milder 
as milk production increases along seasonal trends.  Manufacturing milk 
supplies are sufficient.  Class I demand is steady.  Milk production 
continues to rise in the Southeast.  Contacts note that bottling 
distribution channels are full to capacity, as residual milk supplies 
clear to manufacturing plants.  Class I demand is good.  Milk production 
in Florida is mostly flat, as warmer conditions influence cow comfort.  
Temperatures hovering in the 80s are expected throughout the week.  Class 
I sales are steady.  Spot shipments of Grade AA milk totaled 40 export 
loads, 3 less than last week.  According to the DMN National Retail 
Report-Dairy, for March 6-12, the U.S. weighted average advertised price 
for a gallon of milk was $2.76, a decrease of $0.51 compared to one week 
ago.  Cream supplies are less available causing multiples to firm, as 
buyer interest picks up.  Pre-holiday butter orders are strong, combined 
with active cream cheese production and rising ice cream interest.  Cream 
multiples for all Classes range 1.15-1.25.  At the CME Group, Grade A 
butter closed Wednesday at $1.7050, down $0.0450 from a week ago. 
Condensed skim supplies are adequate.  Manufacturers' supplies at some 
plants are primarily clearing to contractual customers.  Loads trading in 
the Class II spot market are light again this week.  With the Announcement 
of Class and Component Prices, market participants noted active Class III 
condensed skim trading, as current prices are considered competitive with 
nonfat dry milk.  
DAIRY PRODUCTS:  According to NASS, hard ice cream production in the 
Atlantic region for January 2015 totaled 12.2 million gallons, 14.2% more 
than a year ago.  



1300C Daniel.Johnson@ams.usda.gov 608.278.415
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