MD_DA210 DA MD DA210 Fluid Milk and Cream Review - East MADISON, WI. October 07, 2015 (REPORT 40) 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 - 3.4855-3.7557 PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS: Northeast - Class II - includes monthly formula prices - .87-.90 Northeast - Class III - spot prices - .86-.89 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 220 0 220 0 140 0 SOUTHEAST STATES 0 0 0 0 0 0 Parts of the East coast were battered by rain from the anticipated hurricane. Heavy accumulation led to flooding of historic proportions, particularly in areas of the Southeast. The conditions led to numerous roads closings. However, most milk delivery routes and milk receipt locations experienced minimum complications from the storm situation. Northeast and Mid-Atlantic milk production are flat. Class I sales are mostly steady to marginally higher, attributable to pulls from the Southeastern storm situation. Manufacturing milk supplies have declined slightly, but remain adequate for fulfilling contractual needs. Spot milk is in strong demand. Milk production volumes in the Southeast are unchanged as temperatures hold steady. Bottling plants continue to increase orders, leaving fewer loads to manufacturing. Milk volumes were rerouted as one plant took in too much rain water. Florida's milk production continues a slight downslide but should begin to stabilize as temperatures are somewhat cooler. Bottling sales are steady. Imports milk shipments are unchanged at 220 spot loads. According to the DMN National Retail Report-Dairy, for October 2-8, the U.S. weighted average advertised price for a gallon of milk was $2.74, a decrease of $1.27 cents from a year ago, but an increase of 20 cents from last week. Condensed skim supplies are adequate for contracted customer needs. With reports of limited condensed skim, balancing plants are drying fewer volumes. Demand for condensed skim to yogurt productions is good. The DMN September monthly average for Northeast Class II condensed skim was $0.8086, compared to $1.7550 a year ago. In the East, cream multiples range 1.29 to 1.39. Buyer pushback is noted at the top of the range. Cream supplies are steady to lower due to weather related pulls on processors' milk intakes. Demand is good to Class II. The DMN September monthly average for Northeast Class II cream was $3.5154, compared to $3.8992 a year ago. Wednesday's CME Group trading saw Grade AA butter close at $2.3700, down $0.1400 from last week. DAIRY PRODUCTS: According to NASS, hard ice cream production in the Atlantic region for August 2015 totaled 15.1 million gallons, 6% more than a year ago but 1.9% less than the previous month. Cumulative national production through August totals 525.0 million pounds, 2.5% less than a year ago. U.S. yogurt production for August 2015 totaled 401.3 million pounds, down 1.2% from a year ago but up 3.2% 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