MD_DA230

     Fluid Milk and Cream - Central U.S.

     Report 12 - Released on March 23, 2023

     Milk production in the region continues to steadily increase, as contacts say flush levels
     of milk are expected within the next three weeks. In the southern and southeastern areas of
     the region, milk is available. In the upper Midwest, though, milk remains widely available
     for all uses. Bottling demand is patchy from one area to the next. Milk handlers say demand
     is regionally dependent based on school districts' spring break schedules. Cheesemakers
     continue to take on plentiful spot milk at a price range from $11 to $4 under Class III.
     Some cheesemakers say their respective offers have started to lighten up somewhat compared
     to the past months. Cream multiples continue to slowly tick higher. Ice cream manufacturing
     is increasing, although some contacts say not at typical seasonal amounts. Nonetheless,
     cream availability is spread out among various types of end users. Organic cream in the
     region is widely available according to contacts. Farmers in the southern states in the
     region say winter wheat is growing, resiliently, despite the dryness in a lot of areas. Some
     areas are getting precipitation, but light rain followed by days of warmth and wind are not
     keeping drought conditions static.

     Price Range - Class III Milk; $/CWT; Spot Basis:    -11.00 - -4.00
     Trade Activity: Moderate


     Midwestern U.S., F.O.B. Cream
     Price Range - All Classes; $/LB Butterfat:   2.9134 - 3.1044
     Multiples Range - All Classes:               1.2200 - 1.3000
     Price Range - Class II; $/LB Butterfat:      2.9850 - 3.1044
     Multiples Range - Class II:                  1.2500 - 1.3000


     Information for the period March 20 - 24, 2023, issued weekly
     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@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