MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  February 01, 2017 (REPORT 5)                                                

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 -  1.9868-2.5386                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING 
PLANTS:                
Northeast - Class II - includes monthly formula prices -   .60-1.07                       
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                  0   110     0   100     0    35                                  
SOUTHEAST STATES         0     0     0     0     0     0  


In the Northeast and Mid-Atlantic, milk production is strong. In parts 
of Vermont, milk production is flat. In the Southeast, milk production 
is slowly increasing. With the volume of milk available, balancing 
plants are clearing to Class III and IV. In the East, Class I sales 
are down. With cooler temperatures, milk production continues to climb 
in Florida. Export milk shipments totaled 110 loads this week. The 
fluid cream supplies remain unchanged with excess loads available. 
This week, cream multiples range .90 to 1.15. Market sources report 
the time and need of product are taken into account when calculating 
multiples. The eastern condensed skim market remains weak. Traders in 
the East are clearing loads out of the region, into the Midwest. 
According to the DMN National Retail Report-Dairy, for January 27-
February 2, the U.S. weighted average advertised price for a half 
gallon of milk was $2.29, down 48 cents compared to last week, but up  
95 cents from last year. According to NASS the 2017 Southern Region 
News Release Cattle Inventory report for Florida indicates milk 
replacement heifers 500 pounds and over, dipped 12% from the previous 
year. 

1400CT Daniel.Johnson@ams.usda.gov 608.557.7006 and 
Jessica.Mueller@ams.usda.gov 608.422.8589 
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