MD_DA210 DA MD DA210 Fluid Milk and Cream Review - East MADISON, WI. December 30, 2015 (REPORT 52) 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 - 1.8297-2.2364 PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS: Northeast - Class II - includes monthly formula prices - .30-.80 Northeast - Class III - spot prices - .40-.53 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 90 0 60 0 80 SOUTHEAST STATES 0 0 0 0 0 0 Northeast milk production flowing into processing plants has been above year earlier levels in many plants. The mild, warmer winter has been a factor. Cheese plants and dryers are busy helping to handle the holiday period volumes, with retail bottling having slowed. Balancing plants in the Southeast have been very busy helping with milk flowing from the middle Atlantic states, as well as some milk from the Southwest. The middle Atlantic milk results primarily from the holiday period while Southwest milk volumes moving toward the Southeast are boosted by harsh weather disrupting milk flows and processing there. Eastern drying schedules have been pressured to handle milk. Florida milk production is growing at a slower pace, with weather getting hotter, reaching the mid 80s. Milk sales are flat this week and milk exports increased from 60 to 90 loads. Prices are lower for Class II condensed skim. Some sellers are working harder than they expected to move loads to buyers. Cream multiples are ranging .90-1.10. Cream from the East is shipping as far as Nebraska to find a buyer. Some of those sales net the seller about 75% f.o.b. the shipping plant factoring in costs of moving the cream. 1430CT eric.graf@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