MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  April 05, 2017 (REPORT 14)                                                  


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 -  2.2066-2.5218                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS:                
Northeast - Class II - includes monthly formula prices -   .20-.95                        
Northeast - Class III - spot prices -   .20-.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   150     0   140     0   140                                  
SOUTHEAST STATES         0     0     0     0     0     0                                                                                                                                                        
 
Milk production in the Northeast and Mid-Atlantic is seasonally heavy. 
Balancing facilities' milk intakes inched upwards due to cutbacks from 
bottling. In New England, temperatures somewhat below normal linger, 
while thunderstorms hinder grazing, as utilized pastures are drenched.  
The spring flush continues in the Southeast. Most manufacturers' milk 
receipts have increased with almost all of the auxiliary cheese plants 
employed to support heavier milk volumes. Fluid milk sales rose 
slightly, prompted by retail feature advertisements. Dry conditions 
persist in some areas. In Florida, milk production hikes continue in 
some areas of the state, although temperatures in the 90s and very 
little rain will likely slow output and level milk volumes. Milk sales 
are mostly light as spring break continues in some service areas, 
reducing Class I needs. Milk exports total 150 loads, climbing 10 
shipments above last week. The cream market is long on supplies. 
Demand is temperate. Some cream based processors report that kosher 
holiday orders are complete. As a result, cream surpluses could become 
more abundant. Loads are clearing to local and out-of-region butter 
makers. Production of bottled cream has been active. Cream multiples 
range 1.05 to 1.20. The DMN March monthly average for Northeast Class 
II cream is $2.3671, compared to $2.3082 a year ago. Condensed skim 
volumes are moving primarily through contracts. Class IV processing of 
condensed skim is moderate to heavy. Dryer operations are likely to 
see a surge in volumes following the holiday period. The DMN March 
monthly average for Northeast Class II condensed skim is $0.6213, 
compared to $0.6746 a year ago. According to the DMN National Retail 
Report-Dairy, for March 31-April 6, 2017, the U.S. weighted average 
advertised price for a gallon of milk was $2.68, up $0.26 cents 
compared to last week, but down $0.08 cents from last year. In the 
Northeast, the weighted advertised price for a gallon of milk is 
$3.69, exceeding the national price by $1.01. The weighted average 
price for Southeast gallon milk is $2.49, $0.19 below the national 
weighted average advertised price.   

1300CT daniel.johnson@ams.usda.gov 608.422.8605  
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