MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  July 12, 2017 (REPORT 28)                                                   

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 -  3.1343-3.5261                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS:                
Northeast - Class II - includes monthly formula prices -   .35-.65                        
Northeast - Class III - spot prices -   .30-.70                                           

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   100     0   120     0    90                                  
SOUTHEAST STATES         0     0     0     0     0     0                                  


Eastern milk production is gradually decreasing as temperatures and 
humidity are increasing throughout the region. Class I sales are flat 
to up this week. Bottling schedules are down. In Florida, the weather 
is hot with scattered thunderstorms, overall continuing to have an 
effect on milk output. Milk shipments out of Florida have been 
decreasing. This week, spot shipments were 100. A handful of market 
participants communicated the volume of milk supplies going into 
balancing is less, and some plants are being filled with milk coming 
in from other regions. The condensed skim market is stable. The 
interest is good as Class II manufacturers are increasing soft serve 
mix production. With the hotter weather, soft serve demand is 
increasing. The fluid cream market is stable. Supply availability is 
mixed. Some manufacturers report of seeing available cream to 
purchase. On the other hand, a handful of market participants 
communicate a tight supply of cream. Cream multiples range 1.20 to 
1.35. Butter makers are clearing heavy to light amounts of cream into 
churns. According to the DMN National Retail Report-Dairy, for July 7-
13, 2017, the U.S. weighted average advertised price for a half gallon 
of milk was $2.29, up $0.03 cents compared to last week, and an 
increase of $0.27 from last year. DAIRY PRODUCTS: According to NASS, 
May 2017 hard ice cream production in the Atlantic region totaled 16.5 
million gallons, 24.9 percent more than last month and 2.5 percent 
more than a year ago. National cumulative 2017 production through May 
totaled 333.6 million gallons, 1.8 percent less than the previous year 
total through May. U.S. yogurt production (plain and flavored) for May 
totaled 372.7 million pounds, up 1.1 percent from last month and up 
2.3 percent 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