MD_DA230

     Fluid Milk and Cream - Central U.S.

     Report 5 - Released on February 03, 2022

     Numerous winter storms over the past two weeks have impacted milk production off the farm,
     but the outcomes of inclement weather have yet to be tallied and vary across the region.
     Still, projections are expected to decrease some near term on the whole. South Central milk
     output figures, until storms hit earlier this week, were moving higher. Some states are
     implementing measures to shorten the time it takes for drivers to get to test for commercial
     drivers' licenses, to help ensure schools receive milk for their student bodies. Bottling
     orders are mixed throughout the region, but have levelled off some since early/mid-January.
     Condensed skim is available, but as with fluid milk, transporting it is growing in
     difficulty. Cheesemakers say milk is not short, as more cheese plants are offering an extra
     day off or even shifting employees to alternate plants if possible, to meet customer needs.
     Spot milk prices ranged from $2 under to Class III. Some cheese plant managers say bids of
     $3 under or lower were not being met any more. Cream availability has loosened some week to
     week. Butter churners are busy preparing for spring demand upticks, and they are finding
     cream at affordable prices, as multiples dropped to 1.20 on the low end this week. Recent
     snowfall in parts of the South Central region is expected to aid, although not alleviate,
     concerns about dry/drought conditions for wheat farmers.

     Price Range - Class III Milk; $/CWT; Spot Basis:   -2.00 – 0.00
     Trade Activity: Moderate


     Midwestern U.S., F.O.B. Cream
     Multiples Range - All Classes:               1.2000 - 1.3000
     Price Range - Class II; $/LB Butterfat:      3.3453 - 3.3976
     Multiples Range - Class II:                  1.2800 - 1.3000


     Information for the period January 31 -  February 4, 2022, issued weekly
     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: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov