MD_DA210 DA MD DA210 Fluid Milk and Cream Review - East MADISON, WI. July 26, 2017 (REPORT 30) 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 - 3.2195-3.5336 PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS: Northeast - Class II - includes monthly formula prices - .35-.81 Northeast - Class III - spot prices - .30-.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 50 0 70 0 13 SOUTHEAST STATES 0 0 0 0 0 0 With the summer heat rising, milk production in the East region is decreasing. Manufacturing plants are taking in heavy to manageable milk supplies. Some balancing plants in the Mid-Atlantic report lower milk volumes and are able to take on additional loads. Manufacturers communicate being offered discounted milk, as bottling orders are down. However, in the Southeast, bottling for school will start to pick up in the upcoming weeks. Florida's milk production is dropping rapidly. Market participants communicate Florida's heat has caused production to make greater declines. Sales are flat to slightly down this week. Milk shipments exported 50 loads this week, 20 below last week. Condensed skim supplies are abundant and continue to be available. A number of dairy industry individuals are shipping condensed skim out of state, although market participants are able to sell supplies locally. Overall, there are large amounts traveling to areas in the Upper Midwest. Cream multiples this week are 1.23-1.35. Class II manufacturers are in high demand for cream as ice cream season is upon us. With the announcement of August's Advanced Prices, the Class II Nonfat Solids price declined $0.0177, compared to the previous month. According to the DMN National Retail Report-Dairy, for July 21-27, 2017, the U.S. weighted average advertised price for a gallon of milk was $2.43, up $0.17 cents compared to last week and up $0.02 cents from a year ago. MILK PRODUCTION: According to NASS, milk production in the 23 major states during June 2017 totaled 16.9 billion pounds, up 1.7 percent from one year ago. Eastern states' milk production is as follows: June 2017 Milk Production, (USDA-NASS) (Million Lb.) % Change From 1 Year Ago Florida 214 + 1.4 New York 1,254 + 0.4 Pennsylvania 906 ... Vermont 228 - 0.4 Virginia 141 - 1.4 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