MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  March 01, 2017 (REPORT 9)                                                   

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 -  1.9165-2.4489                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS:                
Northeast - Class II - includes monthly formula prices -   .30-1.01                       
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   140     0    75                                  
SOUTHEAST STATES         0     0     0     0     0     0


In the Eastern region of the United States, milk production is strong. 
Each week, production continues to grow, filling manufacturing plants 
full with abundant volumes of milk. This week, in parts of the East, 
Class I sales were flat to weaker. Florida has been seeing near to 
record high temperatures for this time of year. Currently, Florida's 
milk shipments will export around 140, the same as the previous week. 
Presently, cream multiples range .90 to 1.15, shifting downward on the 
higher end of the range this week. Some Northeastern market 
participants sold Class II cream sales at the higher end of the range.  
The Eastern cream supplies are readily available. Recently, the 
Eastern condensed skim market has remained unchanged. In the 
Northeast, some condensed skim buyers report customers are purchasing 
loads, but there are additional loads to sell. There have been some 
plant complications in the East, making it difficult to take on extra 
volumes. With the announcement of March's Advanced Prices, the Class 
II Nonfat Solids price declined $0.0322, compared to the previous 
month. According to the DMN National Retail Report-Dairy, for February 
24 to March 02, 2017, the U.S. weighted average advertised price for a 
half gallon of milk was $2.27, up $0.79 cents compared to last week, 
and an increase of $0.92 from last year. There were no advertised 
prices for the Northeast weighted average price for a half gallon of 
milk.

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