MD_DA210

     Fluid Milk and Cream - Eastern U.S.

     Report 40 - Released on September 30, 2020

     Milk is plentiful in the Northeast. Schools� milk orders vary throughout the districts,
     although orders are down compared to last year. Strong milk volumes are clearing to
     balancing operations and cheese plants. Market participants are uncertain about what changes
     fluid sales/demands will undergo during the school year. Mid-Atlantic milk is balanced. Most
     milk loads are clearing to Class I. There are loads traveling to other regions for their
     immediate needs. Market participants note government food programs are purchasing additional
     milk loads and other dairy products from manufacturers. Southeast milk production is
     slightly picking up. There is a good balance between milk supplies and Class I needs. There
     are some loads clearing to Class III operations. Florida�s climate was in the 90s, but this
     week a cold front has brought the temps down to the 70s. Milk production is climbing a bit.
     Class I sales are moderately steady. Some market participants anticipate seeing a possible
     growth in foodservice demand with restaurants altering dining practices to meet consumer
     needs. Cream demands are growing in the East. Spot prices have increased. Ice cream and
     other cream-based manufacturers are purchasing spot loads at the top of the range. Butter
     plants are churning on steady schedules. Condensed skim market conditions are unchanged.
     Supplies are available and current demands are steady.


     Northeastern U.S., F.O.B. Condensed Skim
     Price Range - Class II; $/LB Solids:         0.90 - 1.05
     Price Range - Class III; $/LB Solids:        1.00 - 1.15


     Northeastern U.S., F.O.B. Cream
     Multiples Range - All Classes:               1.3000 - 1.4000
     Price Range - Class II; $/LB Butterfat:      2.0170 - 2.1721


     Information for the period September 28 -  October 2, 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