MD_DA230

     Fluid Milk and Cream - Central U.S.

     Report 3 - Released on January 16, 2020

     Milk yields are up week to week and year to year. Contacts from the north to the southern
     Central region convey similar viewpoints: the mild start of the winter is leading to higher
     milk supplies. South Central farmers report mostly positive and abundant feed yields, where
     Midwestern farmers suggest hit/miss on overall feed quality, variant from one farm to the
     next. Bottlers are back at it following the break, easing some pressure for milk handlers.
     Cheese production is astir, as is seasonally expected. Some cheese plant managers say they
     are back to seven-day workweeks. Cream prices edged higher, even with a consensus of cream
     suppliers/buyers relaying readily available supplies. Some plants which were down for
     maintenance are back online, therefore the supply/demand ratio balanced a little from the
     previous few weeks. Cream end users continue to relay that Western suppliers are still
     competitive with locally sourced cream, even with additional freight costs. Undoubtedly,
     Western cream supplies remain accessible. Butter makers suggest cream supplies are expected
     to remain as such for the next two to three weeks, if not longer.

     NATIONAL RETAIL REPORT DAIRY – FLUID MILK SUMMARY
     Advertised Prices at Major Retail Supermarket Outlets ending during the period of
     01/10/2020 to 01/16/2020

     Half Gallon, All Fat Tests         Weighted Average Price
     National                     This Period  Last Week   Last Year
     Conventional                $3.00        $1.60       $2.25
     Organic                     $3.66        $3.85       $3.84

     Regional (Conventional)      Wtd. Ave.    Low         High
     South Central               $3.28        $3.00       $3.49
     Southeast                   $3.00        $3.00       $3.00

     Regional (Organic)           Wtd. Ave.    Low         High
     Midwest                     $3.10        $2.49       $4.49
     South Central               $3.69        $2.49       $4.99

     Gallon, All Fat Tests             Weighted Average Price
     National                     This Period  Last Week   Last Year
      Conventional               $3.09        $3.83       $2.95
      Organic                    $5.99        $5.72       $5.65

     Regional (Conventional)     Wtd. Ave.     Low        High
     Midwest                     $2.50        $2.50      $2.50
     South Central               $3.99        $3.99      $3.99


     Price Range - Class III Milk; $/CWT; Spot Basis:   -3.50  -  -1.00
     Trade Activity: Moderate

     Midwestern U.S., F.O.B. Cream
     Multiples Range - All Classes:               1.1000 - 1.2500
     Price Range - Class II; $/LB Butterfat:      2.2367 - 2.3694
     Multiples Range - Class II:                  1.1800 - 1.2500


     Information for the period January 13 - 17, 2020, 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