MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  February 22, 2017 (REPORT 8)                                                

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 -  1.9270-2.5692                                    

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   140     0   125     0   100                                  
SOUTHEAST STATES         0     0     0     0     0     0                                  


Throughout the Eastern region of the United States, milk production is 
gradually climbing, making production close to peak. Showery weather 
appears in the East this week, but does not expect to dampen 
production. With Southeastern milk production slightly scaling, the 
ample volumes of milk are moving to manufacturing plants. This week in 
parts of the East, bottling orders are down. Class I sales in the 
Southeast dropped off a tad, and do not expect to rise soon. Florida's 
milk shipments will export around 140 this week. Presently, cream 
multiples range .90 to 1.20. Some Northeastern market activity 
participants sold a few class II cream sales at the higher end of the 
range this week. In all, the Eastern cream quantity is readily 
accessible. The Eastern condensed skim market remained steady this 
current week. Condensed skim marketers report purchases are being 
made, and have additional loads to sell. According to the DMN National 
Retail Report-Dairy, for February 17-23, 2017, the U.S. weighted 
average advertised price for a half gallon of milk was $1.48, down 
$0.94 cents compared to last week, and a decrease of $1.06 from last 
year. The Northeast weighted average price for a half gallon of milk 
was $1.53. MILK PRODUCTION: According to NASS, milk production in the 
23 major states during January 2017 totaled 17.0 billion pounds, up 
2.7% from one year ago.  Eastern states' milk production are as 
follows:

January 2017 Milk Production, (USDA-NASS)

              (Million Lb.)      % Change From
                                 1 Year Ago
  
Florida            225           -   1.3
New York         1,261           +   3.8 	 
Pennsylvania       927           +   2.0
Vermont            233           +   1.3
Virginia           149           -   0.7  

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