MD_DA230 Fluid Milk and Cream - Central U.S. Report 32 - Released on August 11, 2022 The second half of August is expected to put some pressure on seasonally depressed milk yields in the region. Heat has caught up to milk output in every area. Warm temperatures mixed with humidity in the upper Midwest, while dryer but consistent temperatures in the triple digits in the southern area of the region have stifled production. With the onset of the schoolyear, which has already begun in parts of the region and will begin soon throughout, bottling orders are expected to tighten supplies for all other processing needs. Interestingly, milk handlers say there was enough milk available for the first wave of school orders to not strongly affect other processing. They do expect that to change as more schools open and summer weather continues to push down milk output. Cheesemakers continue to report similar discounts as in previous weeks, for the most part. There were some overages reported, though, but only slightly over Class. Cream availability has clearly tightened up in the past few weeks. Ice cream manufacturing pulls are holding somewhat steady this late in the summer, but cream cheese production is clearly playing a role in cream markets. Butter producers have begun to report another round of increased micro-fixing in light of cream prices. Price Range - Class III Milk; $/CWT; Spot Basis: -3.00 - 0.25 Trade Activity: Slow Midwestern U.S., F.O.B. Cream Price Range - All Classes; $/LB Butterfat: 3.9364 - 4.6934 Multiples Range - All Classes: 1.3000 - 1.5500 Price Range - Class II; $/LB Butterfat: 4.1786 - 4.6934 Multiples Range - Class II: 1.3800 - 1.5500 Information for the period August 8 - 12, 2022, 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