MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  December 09, 2015 (REPORT 49)                                               


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 -  3.4250-3.7733                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS:                
Northeast - Class II - includes monthly formula prices -   .87-.93                        
Northeast - Class III - spot prices -   .63-.66                                           

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    10    20     0    76     0                                  
SOUTHEAST STATES         0     0     0     0     0     0       

Milk production in the Northeast and Mid-Atlantic is flat. Sales to Class 
I have resumed pre-Thanksgiving holiday levels. Milk production in the 
Southeast is steady. Fewer milk loads cleared to auxiliary plants as Class 
I sales strengthened ahead of the holidays. With the spurt in sales, milk 
is short as handlers look for surplus loads. Florida's milk production is 
trending higher. This week, increases in output prompted export spot 
shipments totaling 10 loads. Bottling sales are good and expected to 
continue until after the holiday period. According to the DMN National 
Retail Report-Dairy, from December 4-10, 2015, the U.S. weighted average 
advertised price for a gallon of milk was $2.43, down $1.15 from a year 
ago, and down 26 cents from last week. Demand for condensed skim improved 
with increased Class II production. Supplies are adequate to cover 
contracts. Spot market activity is limited. The DMN monthly average for 
Northeast Class II condensed skim was $.9492, compared to $1.5539 a year 
ago. Cream multiples ranged 1.18-1.30 and are dependent on the day of week 
and location. Cream is readily available on the spot market, as supply 
levels exceed contracted needs. Some manufacturers are finalizing 
contracted loads of cream for the coming year. The DMN monthly average for 
Northeast Class II cream was $3.7246, compared to $2.6001 a year ago.
At the CME Group, Grade AA butter closed Wednesday at $2.7900, down 
$0.1150 from last Wednesday. 


1300CT 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-
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