MD_DA210 DA MD DA210 Fluid Milk and Cream Review - East MADISON, WI. March 22, 2017 (REPORT 12) 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 - 2.2538-2.5758 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 0 190 0 135 0 145 SOUTHEAST STATES 0 0 0 0 0 0 The Eastern region is clearing abundant milk volumes to manufacturing plants. In the Northeast and Mid-Atlantic, fluid plants are clearing supplies into balancing plants. Currently, manufacturing plants are running smoothly and milk haulers are seeing no delays. In the Southeast, manufacturing plants have sufficient milk volumes. In the East, milk production is steady to flat. Florida is experiencing a weather roller coaster with temperatures dropping well below 50 degrees, and then jumping back up to the 80s, with no rain to speak of. Some producers in Florida are seeing their herds at peak milk production. Florida's milk export shipments increased this week totaling 190. Eastern Class I sales are marginally lower with spring break still in full affect. Currently, cream multiples held steady at 1.05 to 1.20. This week, condensed skim prices continue to be unchanged. Condensed skim is readily available from several Eastern handlers. According to the DMN National Retail Report-Dairy, for March 17-23, 2017, the U.S. weighted average advertised price for a half gallon of milk was $2.43, up $0.88 cents compared to last week, and an increase of $0.45 cents from last year. In the Northeast, the weighted advertised price for a half gallon of milk is $2.69. MILK PRODUCTION: According to NASS, milk production in the 23 major states during February 2017 totaled 15.7 billion pounds, down 1.0% from February unadjusted total one year ago. However, production was 2.5% above last year after adjusting for the leap year. Eastern states' milk production are as follows: February 2017 Milk Production, (USDA-NASS) (Million Lb.) % Change From 1 Year Ago Florida 208 - 3.7 New York 1,146 + 0.2 Pennsylvania 858 - 0.7 Vermont 212 - 1.9 Virginia 137 - 3.5 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