MD_DA210

     Fluid Milk and Cream - Eastern U.S.

     Report 12 - Released on March 20, 2019

     Northeast milk production is increasing. Milk remains available in the region, yet market
     participants relay milk production is down a bit from a year ago. Some operations are
     receiving enough milk, while others are not at capacity. There are reports suppliers are
     preparing for spring holiday commitments. Mid-Atlantic milk output is seasonally increasing.
     A few operations are under capacity. Southeast milk production is slightly moving up. Class
     I sales are steady to a bit lower. There are reports of milk cuts and a few add-ons in
     various manufacturing operations. In general, milk is in fairly good balance in the
     Southeast. Florida milk output has leveled off. Even with spring break taking place in many
     schools, Class I sales are steady to a bit stronger than expected. There are reports of no
     milk leaving the area at this time. Market participants report cream continues to be
     available, yet some manufacturers are seeing cream supplies tightening up a bit. Regional
     cream prices saw an increase in multiples, ranging 1.16-1.27. Furthermore, some market
     participants relay seeing slightly fewer cream offers currently. Cream demand is steady to
     slightly picking up. More condensed skim loads are moving from the Northeast to the Midwest.
     There are reports condensed skim is fairly available, yet volumes are tightening up a bit.

     National Retail Report Dairy ± Fluid Milk Summary
     Advertised Prices at Major Retail Supermarket Outlets ending during the
     period of 3/15/19 to 3/21/2019


     Half Gallon, All Fat Tests                Weighted Average Price
     National                         This Period    Last Week     Last Year
      Organic                           $4.09         $3.61          $3.76
      Conventional                      $2.29         $2.39          $2.56

     Regional (Conventional)          Wtd. Ave.        Low           High
      Northeast                         $2.42         $2.19          $2.50
      Southeast                          n.a.          n.a.           n.a.


     Regional (Organic)               Wtd. Ave.        Low           High
      Northeast                         $4.42         $3.99          $4.99
      Southeast                         $4.28         $4.28          $4.28

     Northeastern U.S., F.O.B. Condensed Skim
     Price Range - Class II; $/LB Solids:         0.70 - 0.80
     Price Range - Class III; $/LB Solids:        0.65 - 0.75


     Northeastern U.S., F.O.B. Cream
     Multiples Range - All Classes:               1.1600 - 1.2700
     Price Range - Class II; $/LB Butterfat:      2.6431 - 2.8937


     Information for the period March 18 - 22, 2019, issued weekly

     Secondary Sourced Information:

     MILK PRODUCTION:  According to NASS, milk production in the 23 major states during February
     2019 totaled 16.0 billion pounds, up 0.6 percent from one year ago. Eastern states¶ monthly
     milk production and percent changes compared to a year ago are as follows:

     February 2019 Milk Production, (USDA-NASS)

                (Million Lb.)      % Change From
                                      1 Year Ago

     Florida            198           -   6.2
     New York         1,160           +   2.8
     Pennsylvania       805           -   6.0
     Vermont            210           +   1.0
     Virginia           121           -  11.7
     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: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov/