MD_DA230 Fluid Milk and Cream - Central U.S. Report 2 - Released on January 12, 2023 The general milk and cream outlook is similar to previous weeks. A generally mild start to the winter has contacts expecting continual and slight week to week growth at farm level milk production. Class I orders have settled back with school orders back on the agenda. Cheese producers are actively taking on spot milk loads at strong discounts. Reported discounts as low as $10 under Class, though, are expected to come fewer and further between after this week. In fact, by midweek, more cheese producers were reporting spot milk prices as high as $3 under Class. Cream availability is continuing on a similar path as it was last week. Cream remains widely available, but prices are slowly increasing week to week. Class II processing is expected to gain some momentum in the coming weeks, as seasonal soft serve and packaged ice cream manufacturers begin to take on more cream. Winter wheat fields in the middle to lower portion of the region are still in need of precipitation. Some rainfall in the southern and eastern areas of the Central region took on some rainfall over the holiday weeks, but large swaths of the wheat belt (Kansas and Oklahoma) remain in need of moisture. Price Range - Class III Milk; $/CWT; Spot Basis: -10.00 - -3.00 Trade Activity: Moderate Midwestern U.S., F.O.B. Cream Price Range - All Classes; $/LB Butterfat: 2.6187 - 2.9519 Multiples Range - All Classes: 1.1000 - 1.2400 Price Range - Class II; $/LB Butterfat: 2.8091 - 2.9519 Multiples Range - Class II: 1.1800 - 1.2400 Information for the period January 9 - 13, 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