MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  June 14, 2017 (REPORT 24)                                                   

 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 -  3.0360-3.3346                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING 
PLANTS:                
Northeast - Class II - includes monthly formula prices -   .20-.70                        
Northeast - Class III - spot prices -   .20-.75                                           

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   142     0   219     0   125                                  
SOUTHEAST STATES         0     0     0     0     0     0   

Milk production is steady to lower in areas of the East. The flush 
appears to have been reached in New England and the Mid-Atlantic, 
however, variable rain and cool weather keeps milk output steady. In 
those areas where cows are on grass, milk production varies. Some 
pastures are too wet for use. Bottled milk sales are flat. Surplus 
milk diversions are steady in the Northeast and handled without too 
much difficulty. Production ticks downward in both the Southeast and 
Florida. Most schools have closed. This has continued to push loads 
into other milk processing channels and moved loads out of state. 
Handlers point out that milk export shipments from Florida reached 142 
loads this week. The fluid cream market is firmer this week. Contacts 
report increased inquiries for cream. Producers and traders alike, are 
unsure as to why there is not nearly as much cream available, but 
supplies are tighter with higher multiples. Most trading typically 
occurs between 1.25 to 1.30 multiples, while the range extends 1.22-
1.34. Class II, ice cream sales are good. Cream cheese processing is 
steady, but fewer spot loads cleared to production this week. 
Condensed skim markets are steady with heavy supply availability. 
Producers would like to see improved demand to keep from drying as 
much, while spot markets saw slightly higher activity this week. 
According to the DMN National Retail Report-Dairy, for June 9-15, 
2017, the U.S. weighted average advertised price for a gallon of milk 
is $2.52, down 82 cents compared to last week, but up 20 cents from a 
year ago.

 
1330CT 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