MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  January 18, 2017 (REPORT 3)                                                 

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 -  2.2695-2.7234                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING 
PLANTS:                
Northeast - Class II - includes monthly formula prices -   .60-1.04                       
Northeast - Class III - spot prices -   .55-1.06                                          

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                 42     0     0    50     0    25                                  
SOUTHEAST STATES         0     0     0     0     0     0                                   

In the Northeast, while production appears steady, some producers   
suggest milk loads are not as heavy off the farm. Fluid milk supplies 
are ample for most Class I needs. Milk supplies into manufacturing are 
more manageable than a week or two ago. The Mid-Atlantic is seeing 
steady to higher milk production. Class I demand is fair to good. 
Manufacturing plants are operating at moderate to heavy levels.
Southeast milk production continues to edge upwards, following typical 
seasonal patterns. Bottling plant milk receipts indicate strong Class 
I sales. Milk volumes into manufacturing remain limited. Florida's 
farm-level milk output is steadily climbing. Mild weather conditions 
are contributing to milk production patterns that approach peak 
volumes. Class I sales are mixed. Active January tourism contributes 
to heavy sales activity. Imported milk shipments totaled 42 loads this 
week, a turnaround from previous week's exports. Cream supplies are 
heavy, while loads no longer clear to Canadian markets. This week, 
cream multiples are unchanged and range 1.00 to 1.20, depending on day 
and time of transaction. Market sources note the bulk of f.o.b. cream 
sales occur from .10 to .15 over the market. The condensed skim market 
changed little from last week. Supplies are readily available but 
demand is fair. With the butter market advancing last week, some 
suppliers reduced prices on condensed skim spot loads. According to 
the DMN National Retail Report-Dairy, for January 13-19, 2017, the 
U.S. weighted average advertised price for a gallon of milk was $3.06, 
up 32 cents from last week and up 44 cents from last year. The 
Northeast weighted average price for a gallon of milk was $2.69, while 
regional prices ranged $2.50-3.00. The Southeast weighted average 
price for a gallon of milk was $4.04, up 13 cents from previous week, 
with a regional price range of $3.50-4.29.
 

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