MD_DA210

     Fluid Milk and Cream - Eastern U.S.

     Report 4 - Released on January 23, 2019

     Northeast milk output is flat to slightly increasing. Cold and rainy climate conditions
     linger in the Northeast. There are little to no reports of power outages or transportation
     issues right now. Class I sales are pulling strongly, as wintry weather is expected to
     continue throughout the week. There are reports that Class II sales are down, but Class III
     sales are strong. Some operations are running at capacity. In general, the Northeast milk
     supply is in good balance with manufacturers' milk needs. Mid-Atlantic milk production is
     fairly level. Balancing and manufacturing plant intakes are below capacity at this time.
     Some milk from the area is traveling to the Southeast for Class I needs. Southeast milk
     output is not meeting some market participants' expectations. Milk off the farms is fairly
     flat currently. The Eastern area continues to be in the situation of receiving milk loads
     from other regions. Cooler temperatures are hitting parts of Florida. Milk production is
     growing at a quicker rate right now, and there are some anticipations milk output will
     increase with the colder weather. Class I sales are strong at this time. Cream demand is
     steady to fairly healthy currently. Many market participants are on the spot market
     purchasing cream loads for their immediate needs. Multiples range 1.05-1.25. There are
     reports of increased butter production due to accessible cream. Condensed skim market
     conditions are unchanged. Some balancing plants are focused on customers' condensed skim
     orders.

     Northeastern U.S., F.O.B. Condensed Skim
     Price Range - Class II; $/LB Solids:         0.70 - 0.76
     Price Range - Class III; $/LB Solids:        0.70 - 0.75


     Northeastern U.S., F.O.B. Cream
     Multiples Range - All Classes:               1.0500 - 1.2500
     Price Range - Class II; $/LB Butterfat:      2.3641 - 2.8144


     Information for the period January 21 - 25, 2019, issued weekly
     Published by:
     Dairy Market News - Madison, WI
     JESSICA MUELLER, 608-422-8589
     Email: Jessica.Mueller@ams.usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: http://www.ams.usda.gov/market-news/dairy
     DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home