MD_DA210

     Fluid Milk and Cream - Eastern U.S.

     Report 37 - Released on September 11, 2019

     Northeast milk production is level to lower. Many market participants continue to evaluate
     feed quality and farm milk supply for the upcoming fall months. Class I sales are fairly
     level compared to last week. Mid-Atlantic milk production is level to lower. Class I sales
     are higher this week. Southeast milk output is fairly flat currently. Milk from the region
     is heading to other locations in the U.S. for immediate needs. Florida milk output is still
     down. Class I sales are higher compared to last week. As Dorian has passed, Class I plants
     are back up and running. Market participants relay little to no wind or electrical issues
     from the hurricane. In areas of the region, cream loads are beginning to slightly tighten.
     Cream interest is steady to somewhat picking up. Some butter manufacturers are receiving
     cream supplies for active butter production. There are other operations selling cream in
     place of churning. Multiples are ranging 1.30-1.39. Condensed skim market conditions are
     stable this trading week.

     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
     Northeast                      $4.49        $4.49       $4.49
     Southeast                      $2.99        $2.99       $2.99

     Regional (Organic)           Wtd. Ave.       Low         High
     Northeast                      $4.06        $3.69       $4.49
     Southeast                      $3.86        $2.99       $3.99

     Northeastern U.S., F.O.B. Condensed Skim
     Price Range - Class II; $/LB Solids:         0.80 - 0.95
     Price Range - Class III; $/LB Solids:        0.75 - 0.90


     Northeastern U.S., F.O.B. Cream
     Multiples Range - All Classes:               1.3000 - 1.3900
     Price Range - Class II; $/LB Butterfat:      2.8510 - 3.0484


     Information for the period September 9 - 13, 2019, issued weekly

     Secondary Sourced Information:

     With last Wednesday¶s announcement of the Class and Component Prices, the Class III Skim
     Milk price increased $0.15, compared to the previous month.

     Dairy Products Report - Ice Cream, Regular, Hard
     Released September 4, 2019, by the National Agricultural Statistics Service (NASS),
     Agricultural Statistics Board, United States Department of Agriculture (USDA).

     Ice Cream, Regular (Hard) Production ± States and United States: July 2018 and 2019
                                   Monthly Production (1000 pounds)    Percent Change from
     Total Cream, Regular (Hard      July    June      July          July    June
     Region                             2018     2019      2019           2018     2019
     United States                    68,966   66,462    66,081           -4.2     -0.6

     Atlantic                         14,761   13,702    14,430           -2.2      5.3
       Pennsylvania                    3,530    3,412     3,620            2.5      6.1

     Central                          40,379   40,762    39,255           -2.8     -3.7
       Missouri                        3,308    3,335     2,765          -16.4    -17.1
       Ohio                            2,831    2,443     2,815           -0.6     15.2

     West                             13,826   11,998    12,396          -10.3      3.3
       California                      7,389  6,562     6,968           -5.7      6.2
       Oregon                          1,450    1,261     1,408           -2.9     11.7
       Utah                            2,839    2,050     1,670          -41.2    -18.5

     Ice Cream, Regular (Hard) ± Cumulative Production January - July
                                   Cumulative Production  Percent Change
                                        (1000 pounds)        from
     Report Month                       2018     2019        2018
     July                            439,285  431,948        -1.7
     Published by:
     Dairy Market News - Madison, WI
     JESSICA MUELLER, 608-422-8589
     Email: jessica.mueller@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