MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  March 08, 2017 (REPORT 10)                                                  

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 -  2.1795-2.8334                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS:                
Northeast - Class II - includes monthly formula prices -   .25-1.01                       
Northeast - Class III - spot prices -   .25-.97                                           

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    90                                  
SOUTHEAST STATES         0     0     0     0     0     0                                  



Milk production is plentiful throughout the Eastern region, continuing 
to moderately grow and supply manufacturing plants' needs. In the 
Northeast, milk supplies into balancing plants are sufficient. 
According to Federal Milk Order No. 1, a request was submitted to 
temporarily dispose of surplus milk. The time period covered by this 
request is March 1, 2017 to May 31, 2017. Milk production is strong in 
the Mid-Atlantic and plant managers note milk receipts give the feel 
of May. Areas in Florida are experiencing conditions favorable to cow 
comfort. Class I sales are flat to weaker. In parts of the Southeast, 
with schools out for spring break, Class I sales shifted downward a 
bit. Florida's milk shipments continue to export around 140. Cream 
multiples shifted upward this week with reports of multiples high as 
1.30, based on time and need. However, most multiples range flat to 
1.20. Early in the week, traders communicated cream orders are 
slightly improving. A Northeastern market participant reported selling 
some spot loads at a price higher than the high end of the range price 
series, based on time and need this week. Some Northeastern 
manufacturers have sufficient cream, and do not need to purchase 
additional loads. This week, condensed skim shifted lower on the 
bottom of the price range, but shifted higher on the high end of the 
range, based on spot trading and new announcements of class and 
component prices. Condensed skim is ample all over the East. Contacts 
report having to move most condensed skim far distances in order to 
find processing room. 
The Dairy Market News (DMN) February monthly average for Northeast 
Class II cream was $2.2658, compared to $2.5239 a year ago. 
The DMN February monthly average for Northeast Class II condensed skim 
was $0.6944, compared to $0.7440 a year ago. 
With last Wednesday's announcement of the Class and Component Prices, 
the Class III Skim Milk price increased $0.47, compared to the 
previous month.
According to the DMN National Retail Report-Dairy, for March 3-9, 
2017, the U.S. weighted average advertised price for a half gallon of 
milk was $1.77, down $0.50 cents compared to last week, and an 
increase of $0.36 from last year. In the Northeast, the weighted 
advertised price for a half gallon of milk is $2.49 
DAIRY PRODUCTS: According to NASS, January 2017 hard ice cream 
production in the Atlantic region totaled 13.1 million gallons, 12.0% 
more than last month and 4.2% more than a year ago. Cumulative 2017 
production through January totaled 56.6 million gallons, 0.8% less 
than the previous year total through December. U.S. Yogurt production 
(plain and flavored) for January totaled 375.4 million pounds, up 4.4% 
from last month, but down 4.9% from the previous year. 

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