MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  December 28, 2016 (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 -  2.2270-2.5611                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING 
PLANTS:                
Northeast - Class II - includes monthly formula prices -   .65-1.04                       
Northeast - Class III - spot prices -   .70-1.08                                          

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   150     0    70     0    90                                  
SOUTHEAST STATES         0     0     0     0     0     0                                  

Overall, farm milk production continues steady to higher throughout 
the East. In the Northeast and Mid-East, output is steady in most 
areas. Handlers in the Northeast shipped milk greater distances as 
they looked for outlets to clear holiday surpluses. Mid-Atlantic 
bottled milk sales are a little better early this week, as retailers 
replenish stocks. A developing storm is expected to bring snow and 
wind to areas of the Northeast later in the week, which could prompt 
panic buying. The Southeast states' production volumes are steady to 
higher. Most manufacturing facilities ran full over the weekend, while 
sources did report a plant being down. Fluid milk sales range fair to 
moderate. In Florida, production has slowed with high temperatures 
noted in the 80s. A cool front, expected around Friday, could support 
increased output. The state's milk supply remains long. Milk handlers 
shipped 150 spot loads out of state for processing, with the majority 
of those loads clearing to manufacturing plants. This compares to 70 
loads last week and 90 a year ago. Cream supplies are sufficient. 
Relaxed ice cream output adds to the market's available cream volumes. 
Reported multiples for Class II cream ranged 1.08-1.15 this week. 
Sales into Class III or IV are at lower multiples. Cream cheese output 
is moderate as some processors restock. The condensed skim market is 
weaker. Some extra loads are looking for homes. Eastern dryers are 
more active but condensed skim supplies are still long at mid-week.  
According to the DMN National Retail Report-Dairy, for December 23-29, 
2016, the U.S. weighted average advertised price for a gallon of milk 
was $2.50, down 42 cents compared to last week and down 22 cents from 
last year. The Southeast weighted average price for a gallon of milk 
was $2.50, identical to the national average, but down 1.49 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