MD_DA210 DA MD DA210 Fluid Milk and Cream Review - East MADISON, WI. August 09, 2017 (REPORT 32) 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 - 3.3875-3.7127 PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING PLANTS: Northeast - Class II - includes monthly formula prices - .40-.81 Northeast - Class III - spot prices - .40-.74 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 20 0 0 0 70 0 SOUTHEAST STATES 0 0 0 0 0 0 Eastern milk handlers, depending on the area, are observing decreasing to slightly higher milk production. Cooler temperatures in some areas tend to linger where cow comfort is encouraged. Otherwise, cow comfort appears distressed by hot prevailing conditions. The current emphasis for the market is the filling of school pipelines with available milk supplies. In areas of the Northeast and Mid-Atlantic, farm milk production is mixed, steady to decreasing. Class I milk orders are picking up. Limited spot sales are moving through the market. Processors are comfortable with current milk intake levels. Milk supplies in the Southeast are unbalanced. However, milk output ticked slightly higher from cooler temperatures. Class I pulls are actively consuming available milk. Handlers continue to receive loads from the Southwest as production shortages persist. Supplies moving into balancing are non-existent, with a couple of plants expected to shut down until Christmas. Florida's weather has been in the 90s, with a high heat index to go along with consistent afternoon thunderstorms. As a result, the area's farm milk output remains on a downward slide. Fluid milk sales are stronger, with schools starting this week throughout August. Import milk shipments total 20 f.o.b. loads this week. The condensed skim market is little changed from the previous week. Quite a few loads are being cleared to Midwest buyers. However, offerings of condensed skim are lighter. Prices for July Class III skim condensed inched lower from the previous month. The fluid cream market is mostly steady. Offerings range from somewhat tight to adequate during the latter part of the week. Spot demand is fair to good, with a slight dip in the multiple at the bottom of the range. Cream multiples for all Classes range 1.25-1.37, in the region this week. Ice cream makers are seeing seasonally active production and good to fair sales as consumption patterns change with contrasting temperatures. According to the DMN National Retail Report-Dairy, for August 4-10, 2017, the U.S. weighted average advertised price for a gallon of milk was $2.60, up 17 cents compared to last week and up 6 cents from a year ago. In the Northeast, the weighted average price for a gallon of milk is $3.69 compared to $2.99 the previous week. DAIRY PRODUCTS: According to NASS, June 2017 hard ice cream production in the Atlantic region totaled 17.0 million gallons, 2.3 percent less than a year ago, but 2.8 percent more than last month. Cumulative U.S. 2017 production through June totaled 409.3 million gallons, 1.8 percent less than the previous year through June. Cumulative U.S. 2017 yogurt production (plain and flavored) through June total 2.3 billion, down 0.9 percent from the previous year. 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