MD_DA210 DA MD DA210 Fluid Milk and Cream Review - East MADISON, WI. October 14, 2015 (REPORT 41) 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 - 3.0381 - 3.2754 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 230 0 220 0 130 0 SOUTHEAST STATES 0 0 0 0 0 0 Milk flowing to Northeast balancing plants is seasonally lower, but in some cases, not by much. Intake volumes slightly lower than June are being reported in some plants. This is keeping those plants operating near ideal capacity. Milk sales have been good but dryers are still handling heavy schedules to accommodate milk volumes. Southeast milk receipts are primarily flowing into bottling. Milk production has been steady with last week. There is minimal manufacturing activity needed to handle the milk supplies this week. Florida milk production is even with last week and expected to be stable for a few more weeks, before starting to increase in November. Milk sales this week have increased which resulted in more milk flowing into the state than last week. According to the DMN National Retail Report-Dairy, for October 9-15, the U.S. weighted average advertised price for a gallon of milk was $2.56, a decrease of $1.45 cents from a year ago, and a decrease of 18 cents from last week. In the East, condensed skim supplies are tighter, with few extra loads moving. Cream multiples range 1.28 to 1.38 and cream supplies are in balance. Cream cheese is taking much of the spot cream with less interest from ice cream manufacturers. 1300C eric.graf@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