MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  February 15, 2017 (REPORT 7)                                                

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 -  2.0473-2.4783                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS:                
Northeast - Class II - includes monthly formula prices -   .30-1.04                       
Northeast - Class III - spot prices -   .30-.91                                           

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   125     0   135     0   100                                  
SOUTHEAST STATES         0     0     0     0     0     0                                  


East region milk production is fairly level. In some Northeastern and 
Southeastern areas, production is climbing marginally and is expected 
to continue. Earlier in the week, a heavy winter storm hit the 
Northeastern states. In some parts, snow has lingered and is predicted 
to stay throughout the rest of the week. In the Northeast, because of 
the heavy snow fall, distribution out of plants was halted, and 
haulers had delayed deliveries to plants. Contacts in the Southeast 
reported no weather issues this week, and hauling deliveries have been 
on time to facilities. Class I sales in the East are mixed. In the 
Northeast, sales are lower, and market participants anticipate no 
change next week due to some schools being out for winter break. 
Federal Milk Orders December 2016 fluid milk sales dropped 1.6 
percent, down .4 percent from the previous year. Florida's milk export 
shipments will be around 125 this week. Currently, cream multiples 
range .95 to 1.15, an increase on the lower end of the range, but a 
decrease on the higher end of the range. With market activity 
fluctuating, some Northeastern buyers purchased butter at low prices. 
Collectively, the Eastern cream supply is plentiful and available. The 
eastern condensed skim market price range stayed steady this week.  
Sellers in the East are filling customers' contracted orders and have 
additional loads for spot purchases. According to the DMN National 
Retail Report-Dairy, for February 10-16, 2017, the U.S. weighted 
average advertised price for a half gallon of milk was $2.42, up 28 
cents compared to last week, and an increase of $1.36 from last year. 
The Northeast weighted average price for a half gallon of milk was 
$2.35.
1300CT 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