MD_DA230

     Fluid Milk and Cream - Central U.S.

     Report 37 - Released on September 12, 2019

     Fluid milk output is steady in the Midwest. Weather, in general, has been fairly comfortable
     for dairy cows. That said, following the hurricane in the Southeast, some milk trucks have
     begun returning toward that region. Thus, milk availability has tightened in the Midwest.
     Bottlers continue to take on steady/higher levels with schools reopening. Cheesemakers are
     not getting the same amount of spot milk offers as they were last week, and reported prices
     are evidence of that. Prices ranged from $.50 under to $1.75 over Class III. Notably, most
     of these prices were hovering around the $1 over Class mark. The reported spot milk price is
     on par with the past two years. In 2017, prices ranged from Class to $1.50 over and last
     year prices ranged from Class to $2 over. Cream is available for all uses in the region.
     Butter producers are finding deals both locally and from the Western region, and they report
     offers are aplenty. Since ice cream production has seasonally declined, and school skimming
     has picked up, cream is expected to remain available for the near term. Regarding field and
     crop reports, both beans and corn are lagging relative to previous years in the entire
     region. The very wet planting season assuredly delayed, and in some cases destroyed, some
     planting acres in the Midwest and the lower Central region. Midwestern dairy farmers are
     exhibiting some understandable concern regarding feed rations for the upcoming winter.

     National Retail Report Dairy ± Fluid Milk Summary
     Advertised Prices at Major Retail Supermarket Outlets ending during the
     period of 9/6/19 to 9/12/2019


     Half Gallon, All Fat Tests         Weighted Average Price
     National                    This Period   Last Week   Last Year
     Conventional                   $2.02        $2.03       $2.16
     Organic                        $3.88        $4.12       $4.23

     Regional (Conventional)      Wtd. Ave.       Low         High
     Midwest                        $1.08        $ .88       $1.50
     South Central                  $1.89        $1.89       $1.89

     Regional (Organic)           Wtd. Ave.       Low         High
     South Central                  $3.99        $3.99       $3.99


     Gallon, All Fat Tests              Weighted Average Price
     National                    This Period   Last Week   Last Year
     Conventional                   $3.26        $3.21       $2.36
     Organic                        $5.00        $7.40       $5.87

     Regional (Conventional)      Wtd. Ave.       Low         High
     Midwest                        $2.14        $1.98       $2.50
     South Central                  $3.11        $1.99       $3.99

     Price Range - Class III Milk; $/CWT; Spot Basis:   - 0.50  -  + 1.75
     Trade Activity: Slow

     Midwestern U.S., F.O.B. Cream
     Multiples Range - All Classes:               1.2000 - 1.3500
     Price Range - Class II; $/LB Butterfat:      2.8072 - 2.9610
     Multiples Range - Class II:                  1.2800 - 1.3500


     Information for the period September 9 - 13, 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: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov