MD_DA230

     Fluid Milk and Cream - Central U.S.

     Report 17 - Released on April 27, 2023

     Milk output throughout the region is continuing its seasonal push higher. The southern and
     southwestern portions of the region are reporting strong output and widely available
     supplies. School districts in those areas are breaking within the next few weeks for the
     summer, therefore more milk loads are expected to move into processing facilities. Class III
     plant managers in the upper Midwest continue to report spot milk loads at similar prices to
     previous weeks. Condensed skim milk loads are available, as well. Some processing plants in
     the region are down for scheduled maintenance. All said, there is a lot of milk and milk
     solids available in the region. Cream is not following that trend. Cream multiples and
     availability are noted as steady, if not tighter, week to week. All Class processing has
     picked up as summer approaches. Butter plant managers say they are very busy churning.
     Planting preparations are underway for corn growers in some parts of the upper Midwest,
     while planting is already underway in some south and central states in the region.

     Price Range - Class III Milk; $/CWT; Spot Basis:    -11.00 - -4.00
     Trade Activity: Moderate


     Midwestern U.S., F.O.B. Cream
     Price Range - All Classes; $/LB Butterfat:   2.8846 - 3.0992
     Multiples Range - All Classes:               1.2100 - 1.3000
     Price Range - Class II; $/LB Butterfat:      3.0038 - 3.0992
     Multiples Range - Class II:                  1.2600 - 1.3000


     Information for the period April 24 - 28, 2023, 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