Fluid Milk and Cream Review - East
MD_DA210

     Fluid Milk and Cream - Eastern U.S.

     Report 38 - Released on September 16, 2020

     Northeast milk supplies are available for manufacturers� needs. Class I sales are higher
     with schools receiving steady supplies, however milk sales are lower compared to last year.
     Balancing operations are receiving steady to lighter milk volumes. Class III production is
     unchanged. Mid-Atlantic milk output steady. Most loads are for Class I needs. In Michigan,
     there is ongoing construction of a new cheese plant, with some potential that milk loads
     from the East/Mideast will head to the new plant. Southeast milk supplies are limited for
     manufacturers. In parts of the region, temperatures are cooling down a bit and possibly will
     alter cow comfort/milk output. Most milk loads are clearing to bottlers. Florida�s weather
     conditions are hot and humid with thunderstorms throughout the week. Milk production has
     bottomed out in the state. Class I sales have slightly increased, with a stable pull from
     schools. Also, some government aid programs are purchasing additional milk volumes from
     processors for fluid use. There are operations receiving milk from other regions. Cream
     multiples pushed lower to a tighter spread this week. Supplies are balanced to mixed.
     Current cream interests are a bit softer. Cream spot load demands from ice cream plants are
     slowly decreasing. Condensed skim spot market offers have increased. There are reports
     manufacturers� intake levels are increasing.


     Northeastern U.S., F.O.B. Condensed Skim
     Price Range - Class II; $/LB Solids:         0.85 - 1.00
     Price Range - Class III; $/LB Solids:        1.00 - 1.35


     Northeastern U.S., F.O.B. Cream
     Multiples Range - All Classes:               1.3000 - 1.3600
     Price Range - Class II; $/LB Butterfat:      1.9378 - 2.0272


     Information for the period September 14 - 18, 2020, issued weekly
     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