MD_DA210 DA MD DA210 Fluid Milk and Cream Review - East MADISON, WI. November 04, 2015 (REPORT 44) 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 - 3.3849-3.5161 PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS: Northeast - Class II - includes monthly formula prices - .90-1.00 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 60 0 120 0 170 0 SOUTHEAST STATES 0 0 0 0 0 0 Milk production is mixed in the Northeast, but holding steady in the Mid- Atlantic. Balancing plants are working through milk intakes comfortably. Bottling orders are steady to increasing, due to holiday demand. Milk production is steady in the Southeast. Bottling orders are on track, close to seasonal levels. Several loads to bottlers were rerouted due to plant issues. Milk to manufacturing remains limited. In Florida, unseasonably warm temperatures are likely causing a slower than expected rise in milk production. Fluid milk sales were somewhat flat this week. Milk imports declined considerably again this week, reports indicate 60 loads shipped compared to 120 loads the previous week. According to the DMN National Retail Report-Dairy, during October 30-November 05, the U.S. weighted average advertised price for a gallon of milk was $2.14, a drop of $1.64 from a year ago, and a drop of 46 cents from last week. Demand for condensed skim is steady. Some plants are able to meet contract needs only. Other regional plants are actively drying condensed skim. Spot sales are limited, however trading improved this week. The DMN October monthly average price for Northeast Class II condensed skim was $0.9088, compared to $1.5418 a year ago. Eastern cream multiples are slightly higher, ranging 1.29-1.34. Supplies are tight in some channels, while balanced in others. Class II demand is pulling heavily on cream supplies as sour cream, bottled cream, and eggnog are being made at higher rates. Class III cream cheese interest is steady. The DMN October monthly average price for Northeast Class II cream was $3.3639, compared to $3.0249 a year ago. At the CME Group, Grade AA butter closed at $2.8750 on Wednesday, $0.2350 higher than the previous week. DAIRY PRODUCTS: According to NASS, hard ice cream production in the Atlantic region for September 2015 totaled 13.3 million gallons, 6.5% more than a year ago, but 14.1% less than the previous month. Cumulative national production through September totals 590.4 million pounds, 1.8% less than a year ago. U.S. yogurt production for September 2015 totaled 447.2 million pounds, down 3.5% from a year ago, but up 11.9% from the previous month. 1300C daniel.johnson@ams.usda.gov 608.557.7006 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