MD_DA210 DA MD DA210 Fluid Milk and Cream Review - East MADISON, WI. May 06, 2015 (REPORT 18) 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 - 2.0742-2.2594 PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS: Northeast - Class II - includes monthly formula prices - .77-.97 Northeast - Class III - spot prices - .72-1.06 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 0 100 0 80 0 180 SOUTHEAST STATES 0 30 0 0 0 0 Northeast and Mid-Atlantic milk production is trending higher. Sales to bottling plants are lower. Processing plants are operating at capacity. Southeast milk production is up as the spring flush closes in on peak milk volumes. This week, bottling orders are flat. Most manufacturing outlets are very full handling current intake volumes. Milk export shipments totaled 30 f.o.b. spot loads. Florida's weather this week has been very good, with lows from 60 to 70 and highs in the 80s, with low humidity. Production is steady, with small declines in some areas. Class I sales dipped as expected with college closings and primary schools soon to follow. Milk export shipments increased, totaling 100 f.o.b spot loads. According to the DMN National Retail Report-Dairy, for May 1-7, the national weighted average advertised price for a gallon of milk was $2.68, a $0.25 drop from last year, and a $0.23 decrease from last week. Cream multiples for all Classes ranged 1.12-1.22, as the range closed slightly. Eastern cream is readily available. Some plants are churning to balance heavy cream supplies. Ice cream usage is rising steadily. Cream cheese sales are steady following a slight uptick last week. At the CME Group, Grade AA butter closed Wednesday at $1.8900, up $0.0400 from a week ago. Condensed skim supplies are heavy in the region making up the bulk of sales at certain plants. Spot loads are being discounted under Class in multiple instances in order to find a home. Condensed skim moving into Class II and Class IV production is active DAIRY PRODUCTS: According to NASS, hard ice cream production in the Atlantic region for March 2015 totaled 13.6 million gallons, 10.6% more than a year ago and 3.3% more than the previous month. Yogurt production in the U.S. totaled 437.4 million pounds, up 0.1% from a year ago and up 3.8% from the previous month. Cumulative production through March totals 1.2 billion pounds, 0.1% more than a year ago. 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