MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  May 31, 2017 (REPORT 22)                                                    


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 -  2.7954-2.9376                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING 
PLANTS:                
Northeast - Class II - includes monthly formula prices -   .30-.77                        
Northeast - Class III - spot prices -   .25-.80                                           

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   185     0   170     0   200                                  
SOUTHEAST STATES         0     0     0     0     0     0                                  


Milk production is holding relatively steady in the Mid-Atlantic area 
and into New York and Southern New England. Sources note climbs in 
milk output further North. Bottled milk interest is steady at best.
The peak of the flush appears to be on the downside in the Southeast 
as milk production decreases at varying rates. Bottled milk sales are 
mostly slower, as plants are required to move surplus milk out of the 
area. Florida temperatures are hot. Highs range in the 90s to 100. 
Hence, current conditions are advancing the drop in milk production. 
Class I sales are lackluster. Handlers expect even lower bottling 
orders next week. Export milk shipments jumped to 185 loads, 10 above 
the previous week as milk clears to Mid-Atlantic plants. The fluid 
cream market is mostly steady. Cream spot prices are mixed as 
multiples range 1.18-1.24. Offerings are steady, relative to good 
Class II demand. Ice cream production is moderate to heavy as warmer 
conditions in the south create better demand for the ice cream trade.
Condensed skim volumes remain heavy, prompting continuous drying 
activity at most plants. Post-holiday spot prices are mostly steady.
According to the DMN National Retail Report-Dairy, for May 26-June 1, 
2017, the U.S. weighted average advertised price for a gallon of milk 
is $3.45, up 99 cents compared to last week and up 52 cents from a 
year ago. 


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