MD_DA210 DA MD DA210 Fluid Milk and Cream Review - East MADISON, WI. September 09, 2015 (REPORT 36) 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 - 3.1284-3.6097 PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS: Northeast - Class II - includes monthly formula prices - .79-.83 Northeast - Class III - spot prices - .93-.96 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 160 0 180 0 200 0 SOUTHEAST STATES 0 0 50 0 0 0 Hot and dry conditions persist throughout much of New England. In some locations, field corn matured at a faster rate than normal due to dry conditions. Milk production is steady to lower. Sales to Class I are seasonally active. Manufacturing milk supplies are sufficient. Mid-Atlantic farm milk output continues to drop. Hot and muggy conditions are hampering cow comfort. Due to maintenance downtime, some plants reduced their milk receipts. Bottling orders are steady. School pipelines are nearly full. Southeast milk production is seeing a slight bounce back. Milk shipments into the region eased some from last week as holiday milk volumes offset regional needs. Very little milk is clearing to manufacturing. Bottling orders are steady to lower, as a few cuts were made this week. Milk production in Florida continues to decline. Class I demand is fair to good. Daytime high temperatures are in the mid-90s. Import milk shipments totaled 160 spot loads this week, 20 less truckloads than the previous week. Cream multiples range 1.30 to 1.50. Coming off the holiday period, cream supplies were more available than in the previous weeks. Demand from ice cream is steady, at expected levels. The DMN monthly average for the Northeast Class II cream f.o.b. spot price during August 2015 was $3.0588, compared to $3.3892 a year ago. At the CME Group, Grade AA butter closed at $2.4725 on Wednesday, up $0.0525 from the previous week. Condensed skim supplies are adequate for customer needs. Spot loads continue to decline. Some plants are moving available loads to drying rather than sell at low overages. The DMN monthly average for the Northeast Class II condensed skim f.o.b spot price during August was $0.7817, compared to $1.8840 a year ago. According to the DMN National Retail Report-Dairy, for September 4-10, the U.S. weighted average advertised price for a gallon of milk was $2.46, a decline of 50 cents from a year ago and a decline of 5 cents from last week. DAIRY PRODUCTS: According to NASS, U.S. hard ice cream production for July 2015 totaled 70.2 million gallons, 5% less than a year ago and 0.4% less than the previous month. Cumulative national production through July totals 457.6 million pounds, 2.8% less than a year ago. The Atlantic region's hard ice cream production totaled 15.3 million gallons, 3.5% more than a year ago and 5.4% more than the previous month. U.S. yogurt production totaled 388.6 million pounds, up 0.1% from a year ago but down 1.0% from the previous month. 1300C Daniel.Johnson@ams.usda.gov 608.557.7006 USDA/AMS/Dairy Market News, Madison, Wisconsin Dairy Market News website: http://www.ams.usda.gov/market-news/dairy Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home