MD_DA210 DA MD DA210 Fluid Milk and Cream Review - East MADISON, WI. April 29, 2015 (REPORT 17) 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 - 2.0496-2.2692 PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS: Northeast - Class II - includes monthly formula prices - .85-1.00 Northeast - Class III - spot prices - 1.00-1.09 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 80 0 100 0 143 SOUTHEAST STATES 0 0 0 0 0 0 The capacity to handle projected milk supply volumes, generated from the flush, is a subject of interest for most plant managers in the East. As it now stands, Class I demand is becoming progressively weaker, and adding to those volumes, as schools draw nearer to the end of the semester. Milk production in the Northeast and Mid-Atlantic is moving up seasonally. Balancing plants are receiving heavy milk volumes and working actively to clear intakes. Contacts point to "lots of milk" in the Southeast region. Manufacturing plants are nearing capacity levels. Milk volumes designated for delivery to processors' plants were eased due to unexpected bottling add-ons. Farm-level production in Florida is showing a slight uptick. This week, exports moved lower with 80 spot milk shipments. Contacts expect exports to increase next week. Preliminary milk orders point in that direction. According to the DMN National Retail Report-Dairy, for April 24-30, the U.S. weighted average advertised price for a gallon of milk was $2.91, a $0.24 drop from last year, but a $0.06 increase over last week. Cream multiples for all Classes ranged 1.12-1.24. Heavy supplies are advancing butter production. Sales are active into Class II and cream cheese production. At the CME Group, Grade AA butter closed Wednesday at $1.8500, up $0.0200 from a week ago. Condensed skim markets show some declines. Plants are looking to move additional loads. Volumes into Class IV production are increasing. 1300C Daniel.Johnson@ams.usda.gov 608.577.7006 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