MD_DA230 Fluid Milk and Cream - Central U.S. Report 26 - Released on June 27, 2019 From the northern rim of the U.S. into the lower Central region, temperatures have warmed up. Also, some long-awaited dryness has finally graced much of the region¶s farmers. Prior to the recent warm-up, contacts said they experienced a mini-flush of sorts. Hence, last week¶s spot milk prices saw seasonal discounts as low as $3.00 under. This week, however, those same discounts dissipated on slower spot trading in general. Spot milk loads into cheese production ranged from Class III to $1.50 under. Class I activity is as expected in late June, slow. Interestingly, contacts say there is more milk in the Upper Midwest flowing into Michigan and the mid-Atlantic. Rising temperatures have yet to put a wrench on cream availability. Prices remained like those of last week. Some contacts expected cream to noticeably tighten by this time, but they have shifted expectations to post-Independence Day weekend. Still, cream is out of reach for most butter churners. They have shifted and/or decreased production. Ice cream manufacturers are planning to pick up production schedules, particularly following the holiday next week. Farmers are busy throughout the region, finishing planting corn/beans up north, while harvesting down south. Some South-Central farmers say wheat yields are better than expected following such a wet May and early June. Many Upper Midwestern farmers got corn in late, in the short window they were allotted. Conditions there are patchy in general. Illinois, Iowa and Wisconsin contacts suggest a short drive can provide you a variety of field conditions: from unplanted to spotty to good. Feed rations are short, and a number of contacts have suggested this will continue the push of closing small to medium sized dairy farms. National Retail Report Dairy ± Fluid Milk Summary Advertised Prices at Major Retail Supermarket Outlets ending during the period of 6/21/19 to 6/27/2019 Half Gallon, All Fat Tests Weighted Average Price National This Period Last Week Last Year Conventional $1.35 $2.22 $1.71 Organic $4.47 $3.87 $3.39 Regional (Conventional) Wtd. Ave. Low High Hawaii $3.99 $3.99 $3.99 Midwest $0.94 $0.88 $1.19 Northeast $2.50 $2.50 $2.50 South Central $1.19 $1.19 $1.19 Southeast $0.88 $0.88 $0.88 Southwest $1.99 $1.99 $1.99 Regional (Organic) Wtd. Ave. Low High Midwest $3.50 $3.50 $3.50 Northeast $4.45 $3.50 $5.49 Northwest $4.89 $4.39 $5.39 South Central $5.24 $4.99 $5.49 Southeast $4.18 $3.50 $4.78 Southwest $3.25 $2.99 $3.50 Gallon, All Fat Tests Weighted Average Price National This Period Last Week Last Year Conventional $2.70 $2.86 $2.74 Organic $5.81 $6.77 $3.98 Regional (Conventional) Wtd. Ave. Low High Northwest $1.99 $1.99 $1.99 South Central $2.86 $2.79 $2.89 Southeast $3.99 $3.99 $3.99 Southwest $2.62 $2.49 $2.70 Regional (Organic) Wtd. Ave. Low High Midwest $6.09 $6.09 $6.09 Northeast $5.97 $5.97 $5.97 Northwest $5.00 $5.00 $5.00 Price Range - Class III Milk; $/CWT; Spot Basis: -1.50 - + 0.00 Trade Activity: Slow Midwestern U.S., F.O.B. Cream Multiples Range - All Classes: 1.2600 - 1.3400 Price Range - Class II; $/LB Butterfat: 3.0207 - 3.1872 Multiples Range - Class II: 1.2700 - 1.3400 Information for the period June 24 - 28, 2019, 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: http://www.ams.usda.gov/market-news/dairy DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home