MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  April 20, 2016 (REPORT 16)                                                  


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 -  2.0880-2.5056                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING 
PLANTS:                
Northeast - Class II - includes monthly formula prices -   .20-.80                        
Northeast - Class III - spot prices -   .20-.73                                           

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   130     0   130     0   100                                  
SOUTHEAST STATES         0     0     0     0     0     0

Manufacturing milk supplies in the Northeast and Mid-Atlantic regions 
are seeing increases from upticks in farm milk output. Milk flows to 
bottling are mostly steady at seasonal levels. Balancing plant 
managers report active but comfortable production schedules to handle 
milk receipts. Milk production in the Southeast exemplifies the peak 
of the flush. A surge in Class I sales added to bottling orders 
throughout the area.  In turn, manufacturers saw some pullback on milk 
intake volumes. With school soon to close for summer break, current 
fluid demand is somewhat a relief for milk handlers and manufacturing. 
Milk production in Florida is level. Class I sales are steady to 
lower. Spot export milk totaled 130 truckloads this week, unchanged 
from the previous week. According to the DMN National Retail Report-
Dairy, for April 15-21, 2016, the U.S. weighted average advertised 
price for a gallon of milk was $2.41, down 1 cent from last week and 
down 44 cents from a year ago. Condensed skim remains plentiful. As 
some brokers look for homes for Eastern condensed skim, loads are 
moving into the West region. Lower milk intakes for some Mid-Atlantic 
balancing facilities, this week, reduced condensed skim supplies 
allowing for maintenance downtime. Conversely, loads clearing to 
drying strain dryer capacity at a few other plants. Eastern cream 
sales have multiples ranging 1.00-1.20. The lower limits typically 
represent regional cream transactions in the Midwest spot market. Some 
market participates are puzzled by the ample availability of cream in 
the region. Active Q1 output by a few ice cream producers possibly 
factors into current cream availability, along with higher components 
contributing, as noted by one source. Suppliers currently report 
seeing slight, yet unanticipated, swings in cream sales to hard ice 
cream production from week to week. The CME Group, Grade AA butter 
price closed at $2.0400 on Wednesday, down 3 cents from a week ago.  


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-home