MD_DA230

     Fluid Milk and Cream - Central U.S.

     Report 44 - Released on November 04, 2021

     Milk production continues to move up off farms throughout the region. Milk yields are
     reportedly also increasing week to week. Market participants note silage quality/yields are
     very good. Class I demand is stable. Class III sales are growing with cheese operations
     receiving strong milk volumes for their immediate needs. Milk prices are steady, flat Class
     up to $1 over Class. Seasonal products are clearing additional milk loads. In general, milk
     volumes are mostly balanced. Transportation disruptions continue to impact the dairy
     industry. Market participants report cream is available, however some orders cannot be
     filled due to location/delivery challenges. Butter production is intermittent with higher
     cream prices. Cream cheese production schedules are picking up.

     The DMN October average for Midwest Class II cream was $2.4019, compared to $2.3985 a month
     ago.

     Price Range - Class III Milk; $/CWT; Spot Basis:   .00 – 1.00
     Trade Activity: Moderate



     Midwestern U.S., F.O.B. Cream
     Multiples Range - All Classes:               1.3300 - 1.5000
     Price Range - Class II; $/LB Butterfat:      2.5576 - 2.8845
     Multiples Range - Class II:                  1.3400 - 1.4500


     Information for the period November 1 - 5, 2021, issued weekly
     Published by:
     Dairy Market News - Madison, WI
     JESSICA MUELLER, 608-422-8589
     Email: jessica.mueller@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