MD_DA210

     Fluid Milk and Cream - Eastern U.S.

     Report 32 - Released on August 07, 2019

     Northeast milk output is lower off the farms in the region this week. Class I orders are
     fairly level. Balancing operations are not at capacity. Spot milk continues to be tight.
     Milk production in the Mid-Atlantic is down. Class I milk sales are up. Southeast milk is
     still dropping. Educational institutions are back in session for the school year. Class I
     orders are up. Florida milk production is lower, but levels are not at the bottom quite yet.
     The temperatures are hot, and cows are uncomfortable. Class I sales are higher. Milk is
     clearing into the state from other regions. There are fewer cream offers on the spot market.
     Buyers are paying higher prices this week for spot loads. Multiples range 1.38-1.48. With
     the higher cream prices, some butter makers have reduced churn schedules. Condensed skim
     supplies have tightened. Manufacturers report many buyers are paying higher overages on
     various market exchanges. The DMN July average for Northeast Class II cream was $3.2332,
     compared to $3.1605 a month ago. The DMN July monthly average for Northeast Class II
     condensed skim was $0.7841, compared to $0.7750 a month ago.

     National Retail Report Dairy ± Fluid Milk Summary
     Advertised Prices at Major Retail Supermarket Outlets ending during the
     period of 8/2/19 to 8/8/2019

     Half Gallon, All Fat Tests         Weighted Average Price
     National                    This Period   Last Week   Last Year
     Conventional                   $2.27        $1.79       $2.18
     Organic                        $3.61        $3.63       $3.90

     Regional (Conventional)      Wtd. Ave.       Low         High
     Southeast                      $2.19        $2.19       $2.19

     Regional (Organic)           Wtd. Ave.       Low         High
     Northeast                      $3.90        $3.49       $4.79
     Southeast                      $3.50        $3.49       $3.50

     Northeastern U.S., F.O.B. Condensed Skim
     Price Range - Class II; $/LB Solids:         0.75 - 0.85
     Price Range - Class III; $/LB Solids:        0.68 - 0.80


     Northeastern U.S., F.O.B. Cream
     Multiples Range - All Classes:               1.3800 - 1.4800
     Price Range - Class II; $/LB Butterfat:      3.2258 - 3.4595


     Information for the period August 5 - 9, 2019, issued weekly

     Secondary Sourced Information:

     Dairy Products Report - Ice Cream, Regular, Hard
     Released August 1, 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: June 2018 and 2019
                                   Monthly Production (1000 pounds)    Percent Change from
     Total Cream, Regular (Hard      June     May      June          June     May
     Region                             2018     2019      2019           2018     2019
     United States                    70,263   64,194    65,495           -6.8      2.0

     Atlantic                         14,795   13,833    13,701           -7.4     -1.0
       Pennsylvania                    3,530    3,361     3,412           -3.3      1.5

     Central                          42,174   37,083    40,561           -3.8      9.4
       Missouri                        3,889    3,219     3,335          -14.2      3.6
       Ohio                            2,578    2,636     2,443           -5.2     -7.3

     West                             13,294   13,278    11,233          -15.5    -15.4
       California                      6,785    7,269     5,800          -14.5    -20.2
       Oregon                          1,377    1,500     1,261           -8.4    -15.9
       Utah                            3,033    2,222     2,047          -32.5     -7.9

     Ice Cream, Regular (Hard) ± Cumulative Production January - June
                                   Cumulative Production  Percent Change
                                        (1000 pounds)        from
     Report Month                       2018     2019        2018
     June                            370,319  364,900        -1.5
     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