MD_DA210

     Fluid Milk and Cream - Eastern U.S.

     Report 8 - Released on February 24, 2021

     In the Northeast, milk output is level. Class I sales are steady. There are reports bottlers
     are clearing a set supply of milk loads at this time. Class III plants are working through
     healthy milk volumes for strong cheese production. Mid-Atlantic milk production is
     relatively unchanged. Temperatures are slightly increasing in areas of the region. Market
     participants relay milk supplies are in balance with bottling/manufacturing demands. In the
     Southeast, market participants report milk has been challenging. Bottlers have ramped up
     production schedules with heavily increasing milk load demands. There are reportedly no milk
     loads in manufacturing plants in the area. From the intense winter storm weather in the
     surrounding areas, some milk managers have sent trucks out to other regions to pick up milk
     loads for operations� immediate needs. In Florida, milk output has mostly reached its peak.
     Class I sales have increased. Milk supplies are reportedly in line with milk demands in the
     state. Cream is seasonally abundant for manufacturers� processing needs. Trading activities
     are steady to slightly more active this week. Some market participants are starting to see
     cream interests strengthen from Class II/cream-based manufacturers. Butter production
     remains strong. Condensed skim volumes are aplenty. Available supplies are somewhat
     outweighing manufacturers� processing demands/capacities.

     Northeastern U.S., F.O.B. Condensed Skim
     Price Range - Class II; $/LB Solids:         0.40 - 0.60
     Price Range - Class III; $/LB Solids:        0.55 - 0.70


     Northeastern U.S., F.O.B. Cream
     Multiples Range - All Classes:               1.0500 - 1.2600
     Price Range - Class II; $/LB Butterfat:      1.5737 - 1.8885


     Information for the period February 22 - 26, 2021, 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