MD_DA902

     Organic Dairy Fluid Overview

     Report 6 - Released on February 7, 2020

     ORGANIC DAIRY FLUID OVERVIEW

     New England Organic Milk Sales and Sourcing. Federal Milk Market Order 1, in New England,
     reports utilization of types of organic milk by pool plants. During December 2019, organic
     whole milk utilization totaled 13.1 million pounds, down from 14.6 million pounds one year
     earlier. The December 2019 butterfat content was 3.28 percent, up from 3.26 percent in
     2018. Organic reduced fat milk utilization number for December 2019, 11.6 million pounds,
     slide from 17.8 million pounds one year earlier. Meanwhile, butterfat content was 1.37
     percent, up from 1.36 percent the previous year.

     Dutch Organic Milk Pay Price. In the Netherlands, a large processor of organic milk
     announced the February 2020 pay price for organic milk is 48.50 EUR/100kg (currently $53.24
      USD). The organic milk producer supplies an average of 550,000 kilograms of milk,
     containing a fat content of 4.42 percent, protein content of 3.57 percent and a lactose
     content of 4.53 percent, on an annual basis.

     November 2019 Average Organic Milk Pay Price in Europe
        (4 percent p.p fat – 3.4 percent protein)

              euros/100lt ($USD)         % Change      % Change
                                  Oct. 2019     Nov. 2018
     Germany     47.12     51.73          + 0.32        - 1.53
     Bavaria     47.43     52.07          + 0.11        - 1.39
     France      49.16     53.97          - 0.16        + 1.95
     Austria     42.69     46.86          + 0.38        - 4.86


     ORGANIC GRAIN FEEDSTUFF OVERVIEW

     National Organic Grain and Feed Markets. Moderate demand and  modest trading advanced the
     organic feed grade corn price 10 cents. Cash bids ranged 7.50 to 8.15 delivered elevator.
     The market is seeing a steady increase in forward contracts for Q1 and Q2 2020. Overall,
     the level of trading was moderate for feed grade soybeans, with the   market trading 1.66
     higher on good demand and limited availability of supply. Cash bids were 18.00 to 19.25
     delivered elevator. Organic feed grade wheat demand is steady. Most exchanges represented
     contracts for March-April delivery. Meanwhile, old crop contracts, on average, were 75
     cents lower than new crop contracts. Limited trades occurred in the organic food grade wheat
     market. Trade was inactive on all other organic grains.

     Information for the period February 3 - 7, 2020, issued biweekly

     Published by:
     Dairy Market News - Madison, WI
     DANIEL JOHNSON, 608-422-8605
     Email: daniel.johnson4@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