MD_DA210                                                                                  
DA                                                                                        
MD DA210 Fluid Milk and Cream Review - East                                               

MADISON, WI.  October 18, 2017 (REPORT 42)                                                


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 -  2.9471-3.1343                                    

PRICES OF CONDENSED SKIM, DOLLARS PER LB. SOLIDS, F.O.B. PRODUCING 
PLANTS:                
Northeast - Class II - includes monthly formula prices -   .65-.85                        
Northeast - Class III - spot prices -   .60-.88                                           

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                 80     0    85     0    50     0                                  
SOUTHEAST STATES         0     0     0     0     0     0         

Regionally, the East's milk output is generally in good balance, with 
moderate pressure from both demand and supply sides. Meanwhile, in the 
Northeast area of the region, farm milk production is equivalent to 
previous week volumes. Some milk handlers are still busy setting up 
supply networks, subsequent to the sale of a regional processing 
plant. In most parts of the Mid-Atlantic, milk output is level. Class 
I milk sales are good. Balancing plants are running about 50 percent, 
as milk intakes remain limited. Southeast milk production remains 
steady. Handlers are still pulling in supplemental milk to meet the 
heavy bottling demand. In Florida, farm milk is down as market sources 
note that some parts of the state have not yet completely recovered 
from the impact of the recent hurricane. Cooler nights should help 
increase milk production. Fluid milk sales are down and expected to 
remain flat until the week prior to Thanksgiving. Milk import 
shipments totaled 80 f.o.b. spot truckloads, 5 under the previous week 
total. Rain continues to affect hay harvesting. This week, activity in 
Northeast cream markets picked up on stimulated buying and selling 
interest. Manufacturers of cream based products are busy making 
certain that inventory is in place for the busiest time of the year. 
While there were some loads of cream that cleared well below the 
range. In general, cream multiples for all Classes ranges between 
1.26-1.34. Interest is steady as prices are unchanged the condensed 
skim market. Supplies are adequate for near term contract customers.
According to the DMN National Retail Report-Dairy, for the period of 
October 13-19, 2017, the U.S. weighted average advertised price for a 
gallon of milk was $2.96, down 1 cent compared to last week, but up 41 
cents from last year. In the Northeast region, the weighted average 
retail price for the gallon pack size was $3.69, 76 cents higher than 
the national weighted average and up 36 cents from the previous week. 



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