Fluid Milk and Cream Review - Central
USDA - Thu May 09, 4:33AM CDT
MD_DA230

     Fluid Milk and Cream - Central U.S.

     Report 19 - Released on May 09, 2019

     Reports continue to convey spring flush has yet to materialize in the region. Milk
     production reports from a number of contacts are flat to slightly down year over year, up
     slightly week over week, while components are generally higher in all aspects. Bottling
     demand is steady to slower as well. As school semesters are wrapping up, bottling is
     expected to drop off precipitously in the upcoming weeks. With less skimming for school
     milk, cream prices are beginning to edge up. In the Midwest, multiples are approaching, or
     in a few cases breaking, the 1.30 mark. In the South-Central region, multiples continue to
     fall in the lower 1.20s for now, and some butter churners received some lower to mid 1.20s
     for cream spot loads. Spot milk into cheese plants remained steady, prices reported were the
     same as last week. However, a larger group of those prices are in the $.50 over to $.50
     under Class range. Flooding and rising rivers have been reported in swaths across the upper
     Midwest. South from there, tornados, hail, floods and standing water in fields have been
     reported in Texas and Oklahoma. Farmers throughout the region are patiently waiting for
     improved conditions to plant and/or harvest crops.

     The DMN monthly average of the range price series for Upper Midwest Class II cream during
     April 2019 was $2.8389, compared to $2.7342 in March.

     National Retail Report Dairy � Fluid Milk Summary
     Advertised Prices at Major Retail Supermarket Outlets ending during the
     period of 5/3/19 to 5/9/2019

     Half Gallon, All Fat Tests               Weighted Average Price
     National                          This Period       Last Week      Last Year
      Organic                             $3.87            $3.73          $3.85
      Conventional                        $1.16            $1.45          $1.97

     Regional (Conventional)            Wtd. Ave.           Low            High
     Midwest                             $0.88            $0.88          $0.88
     South Central                       $1.77            $0.99          $2.97

     Regional (Organic)                 Wtd. Ave.           Low            High
     Midwest                             $3.09            $2.29          $3.79
     South Central                       $4.15            $4.00          $4.49

     Gallon, All Fat Tests                    Weighted Average Price
     National                          This Period       Last Week      Last Year
      Organic                             $6.99            $5.00          $5.85
      Conventional                        $2.51            $3.16          $2.51

     Regional (Conventional)            Wtd. Ave.           Low            High
     Midwest                             $2.62            $1.98          $3.00
     South Central                       $2.89            $2.89          $2.89

     Midwestern U.S., F.O.B. Cream
     Multiples Range - All Classes:               1.2000 - 1.3100
     Price Range - Class II; $/LB Butterfat:      2.8627 - 2.9763
     Multiples Range - Class II:                  1.2600 - 1.3100


     Information for the period May 6 - 10, 2019, issued weekly

     Secondary Sourced Information:

     Dairy Products Report - Ice Cream, Regular, Hard
     Released May 2, 2019, by the National Agricultural Statistics Service (NASS), Agricultural
     Statistics Board, United States Department of Agriculture (USDA).

     Ice Cream, Regular (Hard) Production � States and United States: March 2018 and 2019
                                   Monthly Production (1000 pounds)    Percent Change from
     Total Cream, Regular (Hard)     March February    March         March February
     Region                      2018     2019      2019           2018     2019
     United States              63,553   52,120    65,559            3.2     25.8

     Central                    36,967   30,099    39,782            7.6     32.2
       Missouri                  3,811    2,965     3,403          -10.7     14.8
       Ohio                      2,227    1,721     1,897          -14.8     10.2

     Ice Cream, Regular (Hard) � Cumulative Production February - March
                                   Cumulative Production  Percent Change
                                        (1000 pounds)        from
     Report Month                       2018     2019        2018
     March                           172,684  171,230        -0.8
     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: http://www.ams.usda.gov/market-news/dairy
     DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home