MD_DA230 Fluid Milk and Cream - Central U.S. Report 47 - Released on November 23, 2021 Chillier fall weather has not moved the needle on milk yields in either direction. Contacts are beginning to wonder how long steady milk yields will remain, as more cows are being culled in recent months. Still, some dairy farmer contacts are reporting stronger yields, overall, this year than in their past few years, respectively. They attribute feed amounts and its quality as a key to stronger production cow per cow. Class I is expected to pick up following the holiday as schools refill and retail orders push higher with the end-of-year holidays. Cheesemakers are finding some spot milk at discounts. The range this week was $2 under to flat Class. There is a stark difference from 2020's Thanksgiving week to this year's, as last year during the holiday week, milk prices ranged from $7 to $4 under Class. Cream is opening up some following weeks of tighter supplies. Days off in plants has spread the availability, and butter makers took on cream loads in the low 1.20s this week. Expectations of abundant cream loads are not long term. Price Range - Class III Milk; $/CWT; Spot Basis: -2.00 – 0.00 Trade Activity: Slow Midwestern U.S., F.O.B. Cream Multiples Range - All Classes: 1.2100 - 1.4500 Price Range - Class II; $/LB Butterfat: 2.7846 - 2.8841 Multiples Range - Class II: 1.4000 - 1.4500 Information for the period November 22 - 26, 2021, 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