MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  August 03, 2016 (REPORT 31)                                                 

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 -  2.8250-2.9795                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING 
PLANTS:                
Northeast - Class II - includes monthly formula prices -   .45-.90                        
Northeast - Class III - spot prices -   .43-.65                                           

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                  5     0     0    13    50     0                                  
SOUTHEAST STATES         0     0     0     0     0     0                                  

Milk production continues to taper off in the southernmost areas of 
the Northeast and Mid-Atlantic areas. Southeast milk marketers are 
bringing in loads of fluid milk from other areas of the country to 
supplement production losses. Draws from Class I plants are 
anticipated to pick up towards the end of this week as educational 
institutions prepare to begin the school year. Bottlers report growing 
orders for single serve containers. Florida milk production is steady 
to slightly lower. Milk marketers in the area believe that drops in 
milk production will continue throughout the month of August. There 
were no export milk shipments this week but five milk shipments were 
imported. Condensed skim is readily available. However, as high 
temperatures prevail, farm level milk production is falling and 
decreasing the overall supply. Many Southeast schools begin the school 
year next week and have milk marketers prepared for the condensed skim 
supply to tighten further. A few Midwest manufacturers continue to 
purchase condensed skim loads out of the Eastern region. Cream in the 
East is relatively balanced. Cream handlers report having adequate 
supplies. Some contacts report a more readily available supply of 
cream than they had anticipated for this point in the summer. Ice 
cream and frozen dessert manufacturers continue to utilize a large 
portion of the cream supply. Cream multiples for all classes hold 
steady this week, 1.28-1.35. According to the DMN National Retail 
Report-Dairy, for July 29-August 1, the U.S. weighted average 
advertised price for a gallon of milk was $2.66, a $0.30 increase 
compared to last year and a $0.25 increase from last week.  The 
weighted average regional price for a gallon of milk in the Northeast 
was $2.57. The DMN July monthly average for Northeast Class II cream 
was $2.9970, compared to $2.8390 a year ago. The DMN July monthly 
average for Northeast Class II condensed skim was $0.5563, compared to 
$0.7370 a year ago. 


1300CT Amy.L.Schmitz@ams.usda.gov 608.557.7004
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