MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  August 10, 2016 (REPORT 32)                                                 


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 -  2.8612-3.0830                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING 
PLANTS:                
Northeast - Class II - includes monthly formula prices -   .55-.90                        
Northeast - Class III - spot prices -   .53-.75                                           

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                 70     0     5     0    60     0                                  
SOUTHEAST STATES         0     0     0     0     0     0              

Milk declines at the farm level are continuing throughout the East. 
Production in the Northeast is declining along seasonal trends, but 
falloffs in the Mid-Atlantic and Southeast are more pronounced due to 
the extended periods of heat and humidity. The Southeast Class I 
demand has increased as schools resume classes with the bulk of 
schools starting mid-month. Milk production decreases has made it 
necessary to suspend deliveries to auxiliary manufacturing plants. 
Temperature issues are a continuing concern for long haul milk loads.
Florida's milk production has also dropped significantly as some milk
producers begin to dry off cows. The state imported 70 loads of f.o.b. 
spot milk this week. Cream supplies declined concurrently with the 
heat related milk supply decreases. Demand for cream continues to be 
good from Class II manufacturers with some managers having to restrict 
production due to the tight cream supply. Cream multiples for all 
Classes have increased and range 1.29-1.39. Supplies of condensed skim 
are adequate to meet current Class II production schedules, with Class 
IV dryers operating on lighter schedules. The f.o.b. cash price for 
Class II and III transaction are inching higher. According to the DMN 
National Retail Report-Dairy, for August 5-11, 2016, the U.S. weighted 
average advertised price for a gallon of milk was $2.54, a $0.04 
increase compared to last year, but down $0.12 from last week. The 
weighted average regional price for a gallon of milk in the Northeast 
was $2.99, up $0.42 from last week. 


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