DAIRY MARKET NEWS VOLUME 88, REPORT 10
DAIRY MARKET NEWSWEEK OF MARCH 29 - APRIL 2, 2021VOLUME 88, REPORT 13DAIRY MARKET NEWS AT A GLANCECME GROUP CASH MARKETS (4/2)BUTTER: Grade AA closed at 1.8450. The weekly average forGrade AA is 1.8194 ( 0.0994).CHEESE: Barrels closed at 1.5125 and 40# blocks at 1.7750. Theweekly average for barrels is 1.4888 ( 0.0408) and blocks, 1.7519( 0.0389).NONFAT DRY MILK: Grade A closed at 1.1900. The weeklyaverage for Grade A is 1.1825 ( 0.0265).DRY WHEY: Extra grade dry whey closed at 0.6600. The weeklyaverage for dry whey is 0.6444 ( 0.0229).CHEESE HIGHLIGHTS: Demand notes are mostly consistentthroughout the country. Food service sales have noticeably picked upas COVID-19 restrictions ease for restaurants. Western contacts sayretail sales have slowed a bit, but exports are hearty. Milk availabilityremains loose. Spot milk prices in the Midwest were 5 to 4 underClass III. For a comparison, last year's spot milk prices during week 13were 4 under to 2 over Class. Cheese inventory levels are variedfrom plant to plant, but production is picking up in light of the foodservice demand increases. Demand upticks have led some contacts tosuggest cheese market tones are steady, with bullish potential.BUTTER HIGHLIGHTS: Cream availability and butterproduction schedules vary from region to region. Butter inventories areup year-over-year, and the butter market tone is stable. Retail orders,bolstered by spring holiday cooking and baking, are surpassingexpectations. Food service butter demand continues to grownationwide. Export interest is steady, but some contacts are questioningif higher butter prices could start tarnishing the luster U.S. butter hashad recently in international markets.FLUID MILK: Springtime is here and market participantsthroughout the nation are noting peak levels of milk are fastapproaching, particularly in the Western region. Class I sales aresomewhat stabilizing with many school districts wrapping up springbreaks. Cheesemakers are paying from 5 to 4 under Class III for spotmilk in the Midwest, although spot milk trading was quieter this week.Cream is slowly tightening in the Midwest and Eastern region,although somewhat plentiful in the West. Butter producers are biddinga bit higher and receiving fewer cream offers as ice cream plants arerevving up production rates. Condensed skim demand has begun toimprove, as well. Some industry contacts relay condensed skimvolumes are in balance and meeting current needs. F.O.B. creammultiples are 1.28-1.40 in the East, 1.23-1.34 in the Midwest, and 1.051.28 in the West.DRY PRODUCTS: Low/medium heat nonfat dry milk (NDM)prices are mixed. Domestic and international demands are reportedlystable. The low/medium heat NDM market tone has somewhat settled.High heat NDM prices are mixed. Some buyers are purchasing on awider price range. Market conditions are unsettled. Dry buttermilkprices are fairly steady. Some market participants are purchasing drybuttermilk for their immediate needs. The market tone is sturdy for drybuttermilk. The price range slightly narrowed in the dry whole milkmarket this week. The dry whole milk market tone is balanced for thenear term. Dry whey prices are steady to higher. Both domestic andinternational demands are strong. The dry whey market tone is firm.Whey protein concentrate 34% prices are steady to higher. Thedemand for higher protein blends is solid. Lactose prices are mostlysteady. Trading activities are fairly moderate. The lactose market holdsa stable tone. Prices for acid and rennet casein are steady to a bit lower.Casein markets are generally steady.INTERNATIONAL DAIRY MARKET NEWS: WESTERNEUROPEAN OVERVIEW: A report from the EuropeanCommission this week projects continuing strength in dairy pricesduring 2021. The report projects 1 percent growth in EU milkproduction during 2021. Much of the growth is expected to come fromhigher per cow yields. Cheese plants are hard at work filling orders.Strong retail demand is coupled with higher than expected food servicedemand for cheese.CONTINUED ON PAGE 1ATABLE OF CONTENTSProduct Highlights/CME/DMN at a GlanceWeekly CME Cash Trading/Butter MarketsCheese MarketsFluid Milk and CreamNonfat Dry Milk/Dry Buttermilk/Dry Whole MilkDry Whey/WPC W. EuropeChangeOceaniaChangeS. AmericaChangeWHEYW. 03400N.C.130025789121314Dairy GraphsNational Retail Report – DairyDairy Market News ContactsDAIRY MARKET NEWS PRICE SUMMARY FOR MARCH 29 - APRIL 2, 2021PRICES ( /LB) & CHANGES FROM PREVIOUS PUBLISHED l Low/Med. Heat1.1400 1.2200 1.1500 1.1800Change 0.0200 -0.0200N.C.N.C.Central High Heat1.2300 1.3800Change -0.0500 0.0200West Low/Med. Heat1.1100 1.2125 1.1450 1.1825ChangeN.C. -0.0275 -0.0050 -0.0175West High Heat1.2800 1.3550Change -0.0150N.C.DRY WHOLE MILKNational1.6200 1.7500Change 0.0200N.C.RangeU.S. Dairy Cow Slaughter/Class Milk Prices/NDPSR/FuturesInternational Dairy Market NewsMarch Monthly Price AveragesFebruary Agricultural Prices HighlightsFebruary Dairy ProductsMarch Class PricesBUTTERMILKCentral/East1.0900N.C.0.9900Change 01.23000.01001.0500N.C.1.13000.0400WPC 34%Central/WestCASEINRennet3.6500 3.7500Change -0.0200N.C.Acid4.1500 4.3000Change -0.0100N.C.ANIMAL FEED WHEYCentral0.5000 0.5700Change 0.0300 -0.0100DAIRY MARKET NEWS PRICE SUMMARY FOR MARCH 22 - APRIL 2, 2021PRICES ( /MT) & CHANGES FROM PREVIOUS PUBLISHED PRICESRangeCommodityCommodityWHOLE MILK POWDERW. EuropeChangeOceaniaChangeS. AmericaChangeG1RangeBUTTERW. EuropeChangeOceaniaChangeBUTTEROILW. EuropeChangeCHEDDAR -7559501004300N.C.4500N.C.
WEEK OF MARCH 29 - APRIL 2, 2021DAIRY MARKET NEWSDAIRY MARKET NEWS AT A GLANCECONTINUED FROM PAGE 1The Suez Canal blockage has stalled some export deliveries. This isbecause cheese on ships is sitting at sea. It is also because delays haveslowed ships reaching ports to load cheese for delivery. The opening ofthe canal is welcome news.EASTERN EUROPEAN OVERVIEW: January 2021 SMPexports from Belarus, 7,100 MT, decreased 18.2 percent from January2020, according to CLAL data made available to USDA. The mainexport destinations January 2021, quantities, and percent change fromJanuary 2020, were Russia, 3,361 MT, -18.03 percent; China, 1,045MT, 161 percent; and Ukraine, 797 MT, 96.38 percent.OCEANIA DAIRY MARKET OVERVIEW: AUSTRALIA:Australia is drying out from recent once in 100 years floods driven byextremely heavy and sustained rain. The government of Australia haddeclared natural disasters in parts of New South Wales. Some dairyfarms experienced extremely distressing losses, including cows beingwashed away, helpless, bellowing in fear as flood waters swept themalong. Veterinarians have been extremely busy tending to some cowsthat survived, often treating for hypothermia, pneumonia, cuts andabscesses. Losses are yet to be fully calculated.NEW ZEALAND: February 2021 New Zealand milksolids reportedby DCANZ and CLAL, 172,916 million kg, are up 3.0 percent fromFebruary 2020 milksolids, 167,874 million kg., according to DCANZand CLAL data made available to USDA. February 2021 milkproduction, 1,932 million MT, is up 3.0 percent from February 2020,1,875 million MT.SOUTH AMERICAN OVERVIEW: In Argentina, soybean andcorn harvesting is underway. Recent rainfall led to some healthy cornand soybean yields and pasture growth. Dryer weather is anticipated forcomfortable harvesting conditions. Manufacturers are currentlyreceiving lower milk loads for dryers. The current holidays bring aslowdown in dairy ingredients on various spot markets. Whole milkpowder and skim milk powder market conditions are stable for the nearterm. In addition, butterfat interests remain are stable from ice cream/frozen dessert plants.NATIONAL RETAIL REPORT (DMN): The total number ofconventional dairy ads increased this week by 7 percent to 84,620; totalorganic ads fell by 1 percent to 3,387. The most advertised dairyproduct was conventional 48-64-ounce ice cream, with an average priceof 3.17 up 36 cents over last week. The most advertised organicproduct this week was gallon-sized milk. The average price was 5.11.FEBRUARY AGRICULTURAL PRICES HIGHLIGHTS (NASS):The All Milk price received by farmers was 17.10 in February, down 1.80 from February 2020. The alfalfa hay price was 175.00 inFebruary, up 7.00 from February 2020. The corn price was 4.75 inFebruary, up 0.97 from February 2020. The soybean price was 12.70in February, up 4.10 from February 2020. The milk-feed price ratiowas 1.78 in February, down 0.57 from February 2020. The index ofprices received by farmers for dairy products during the month ofFebruary 2021 was down 2 to 85.1. Compared to February 2020, theindex was down 8.9 (-9.5 percent). The index of prices paid by farmersfor commodities and services, interest, taxes, and wage rates inFebruary 2021 was up 1.4 points to 114.5. Compared with February2020, the index was up 3.9 points (3.5 percent).FEBRUARY DAIRY PRODUCTS HIGHLIGHTS (NASS):Butter production was 186 million pounds, 1.3 percent below February2020, and 11.5 percent below January 2021. American type cheeseproduction totaled 425 million pounds, 1.6 percent above February2020, but 10.3 percent below January 2021. Total cheese output(excluding cottage cheese) was 1.04 billion pounds, 1.1 percent aboveFebruary 2020, but 8.1 percent below January 2021. Nonfat dry milkproduction, for human food, totaled 186 million pounds, 17.1 percentabove February 2020, but 5.9 percent below January 2021. Dry wheyproduction, for human food, was 76 million pounds, 1.2 percent aboveFebruary 2020, but 8.4 percent below January 2021. Ice cream, regularhard production, totaled 55.0 million gallons, 4.7 percent aboveFebruary 2020, but 3.5 percent below January 2021.VOLUME 88, REPORT 13MARCH FINAL CLASS PRICES HIGHLIGHTS (FMMO):The following are the March 2021 class prices under the Federal milkorder pricing system and changes from the previous month: Class II: 15.07 ( 1.07), Class III: 16.15 ( 0.40), and Class IV: 14.18( 0.99). Under the Federal milk order pricing system, the butterfatprice for March 2021 is 1.7176 per pound. Thus, the Class II butterfatprice is 1.7246 per pound. The protein and other solids prices forMarch 2021 are 2.6954 and 0.3652 per pound, respectively. Thesecomponent prices set the Class III skim milk price at 10.51 per cwt.The March 2021 Class IV skim milk price is 8.46, which is derivedfrom the nonfat solids price of 0.9396 per pound. The product priceaverages for March 2021 are: butter 1.5898, nonfat dry milk 1.1169,cheese 1.5981, and dry whey 0.5537.-1A-
DAIRY MARKET NEWS, MARCH 29 - APRIL 2, 2021COMMODITYCHEESEBARRELS40 POUND BLOCKSNONFAT DRY MILKGRADE ABUTTERGRADE AADRY WHEYEXTRA GRADEMONDAYMAR 29TUESDAYMAR 30-2-VOLUME 88, REPORT 13WEDNESDAYMAR 31THURSDAYAPR 1FRIDAYAPR 2::WEEKLYCHANGE::WEEKLYAVERAGE 1.4800( 0.0175) 1.4800(N.C.) 1.4825( 0.0025) 1.5125( 0.0300)No Trading::::( 0.0500):::: 1.4888( 0.0408) 1.7475( 0.0275) 1.7475(N.C.) 1.7375(-0.0100) 1.7750( 0.0375)No Trading::::( 0.0550):::: 1.7519( 0.0389) 1.1750( 0.0050) 1.1800( 0.0050) 1.1850( 0.0050) 1.1900( 0.0050)No Trading::::( 0.0200):::: 1.1825( 0.0265) 1.7925( 0.0175) 1.8225( 0.0300) 1.8175(-0.0050) 1.8450( 0.0275)No Trading::::( 0.0700):::: 1.8194( 0.0994) 0.6275(N.C.) 0.6300( 0.0025) 0.6600( 0.0300) 0.6600(N.C.)No Trading::::( 0.0325):::: 0.6444( 0.0229)Prices shown are in U.S. dollars per lb. in carlot quantities. Carlot unit weights: CHEESE, 40,000-44,000 lbs.; NONFAT DRY MILK, 41,000-45,000 lbs.; BUTTER, 40,000-43,000 lbs.;DRYWHEY, 41,000-45,000 lbs. Weekly Change is the sum of Daily Price Changes. Weekly Average is the simple average of the Daily Cash Close prices for the calendar week. Weekly AverageChange is the difference between current and previous Weekly Average. Computed by Dairy Market News for informational purposes. This data is available on the Internet atWWW.AMS.USDA.GOV/MARKET-NEWS/DAIRYNOTICE: Five days of trading information can be found at ta.htmlBUTTER MARKETSNORTHEASTWESTButter makers are working through slightly increased butter productionschedules in the East region. This holiday week, cream supplies haveloosened a bit. Additional cream supplies are clearing to some butter plants.Market participants report buyers have slowed cream trading activity forspring holiday products. Retail sales continue to display healthy numbers,as consumers’ butter demands have been strong for at home cooking.Foodservice sales are slightly improving throughout the East region. Onvarious market exchanges, butter prices are slightly increasing. Bulk butterprices range 3 - 8 cents over the CME, with various time frames andaverages used. The butter market tone is stable.With milk output increasing and robust spring holiday butter churningwrapped up, cream supply has loosened a little in the West this week.Production for domestic butter markets has slowed down slightly now thatholiday retail orders are fulfilled. Some butter makers are producingadditional 82% unsalted butter to keep up with steady export interest.Butter inventories are up year-over-year. Much of the butter on hand isalready on contract, and butter makers expect to work through the stockover the next few months. Industry contacts hold varying opinions on howresponsive consumers will be to retail holiday promotions; changes ingrocery shopping habits and in-home gatherings pose challenges toaccurate forecasting. However, as spring weather returns and vaccinationrates increase, consumers are venturing out more, and food service demandis burgeoning.Prices for: Eastern U.S., All First Sales, F.O.B., Grade AA, Conventional,and Edible ButterBulk Basis Pricing - 80% Butterfat /LB: 0.0300 - 0.0800Secondary Sourced Information:This week, a cooperative export assistance program accepted requests forexport assistance to sell for 408,958 pounds (186 metric tons) of butter.Prices for: Western U.S., All First Sales, F.O.B., Grade AA, Conventional,and Edible ButterBulk Basis Pricing - 80% Butterfat /LB: 0.0100 - 0.0750Secondary Sourced Information:CME CLOSING PRICEThe Grade AA butter price at the CME Group on Wednesday closed at 1.8175, compared to the weekly average price of 1.7200 from last week.CENTRALOn the last trading day of February, butter market prices were in the 1.40s.As food service demand continues its upswing, according to butterproducers, the push into the 1.80s at the end of March is not surprising.Retail orders have continued to outdo expectations, but food servicecustomers refilling pipelines have definitely given the market tones somelife. That being said, contacts are questioning the longevity as butter pricespushing higher could offset some of the recent international luster. Creamavailability remains somewhat tight this week. Butter plant managers saythe heavy availability of much of the pandemic era has dissipated.Prices for: Central U.S., All First Sales, F.O.B., Grade AA, Conventional,and Edible ButterBulk Basis Pricing - 80% Butterfat /LB: 0.0100 - 0.0500EXPORT ASSISTANCEThis week, a cooperative export assistance program accepted requests forexport assistance to sell 408,958 pounds (186 metric tons) of butter. So farthis year, the program has assisted member cooperatives who havecontracts to sell 8.757 million pounds of butter (82% milkfat) and 3.649million pounds of anhydrous milkfat in export markets. When combinedwith other dairy products, the program has assisted members with sales of534.9 million pounds of milk on a milkfat basis.
DAIRY MARKET NEWS, MARCH 29 - APRIL 2, 2021-3-VOLUME 88, REPORT 13CHEESE MARKETSNORTHEASTWHOLESALE SELLING PRICES: DELIVEREDDOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))Foodservice demands in the East region are improving. Numerousrestaurants are opening outdoor seating and accommodating all service options. Warmer temperatures and spring holidays have revvedup consumers’ cheese demands. Retail cheese sales are solid. Marketparticipants report specialty aged cheese interests are good from several customers. In addition, grocers are advertising cheese productsfor outdoor grilling. In the Northeast, milk supplies are readily available for Class III processing. Cheese production schedules are fairlystrong this week. Inventory levels are available for spot/contractagreements. On the CME Group, cheddar cheese block prices areranging around the 1.70s and barrel cheese prices are rangingaround the 1.40s currently. For the end of March, cheese marketshave stabilized.WHOLESALE SELLING PRICES: DELIVEREDDOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))Cheddar 40 pound BlockMuensterProcess American 5 pound SlicedSwiss 10-14 pound 3.5400Cheddar 10 pound CutsCheddar 40 pound BlockMonterey Jack 10 poundsProcess American 5 pound LoafSwiss 6-9 pound CutsFOREIGN TYPEItalian cheesemakers have begun 2021 by achieving among the largerpercentage cheese production increases in Western Europe. Demandhas been brisk. Sources in Italy believe that a COVID impact has beenmore eating at home and consumers willing to purchase more expensive specialty cheese for home dining as an alternative to going out toeat. More Pecorino Romano P.D.O. (protected designation of origin)cheese is being made in Italy to keep up with brisk demand accordingto CLAL data made available to USDA. The current Italian cheesemaking season began in October 2020. This season through February2021, production of Pecorino Romano is up nearly 20 percent fromthe previous season through February.WHOLESALE SELLING PRICES: FOB DISTRIBUTORS DOCKDOLLARS PER POUND (1000 - 5000 POUNDS, MIXED LOTS)MIDWESTCheesemakers continue to say milk is available. At report time, spotmilk prices are similar to those of last week. Some cheese plant manager contacts report using internally sourced milk, which has alsobeen available as regional dairy farmers are seeing increases in dayto day production. Cheese demand has remained steady on the retailside, but notably, food service orders have picked up. Barrel producers report steadily busy customer activity has kept loads moving outthe doors. Some cheese contacts report hearing of potential carnivals/fairs, but this year's spring/summer events could be eleventh hourdecisions due to the pandemic. Cheese market tones are holdingsomewhat steady, although some contacts view them more bullishlythan not.VARIETYBlueGorgonzolaParmesanRomanoSardo Romano (Argentina)Reggianito (Argentina)JarlsbergSwissSwiss 2.7325-2.8500WESTWestern retail cheese demand has been slightly lower this week,while demand for cheese for food service continues to increase. Demand for cheese for export is strong. There is plenty of milk available for cheese production as plants are running at or near capacity.Inventories are mixed as some inventories grow, while others arecommitted to the surging food service sales. Plenty of cheddar stylecheese is available for purchase, though much is currently contracted.Hard Italian cheese demand is currently stable.::::::::::::NEW 5.6525*3.3650-5.5200*-0-0-03.2525-3.5775-0-* Price change.WISCONSIN WHOLESALE SELLING PRICES: DELIVEREDDOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))Blue 5 poundsBrick 5 poundsChe
FEBRUARY CONSUMER PRICE INDEX (BLS): The Consumer Price Index (CPI) for the all food category is 271.4, up 3.6 percent from 2020. The dairy products index is 230.5, up 2.7 percent from a year ago. The following are the February 2020 to February 2021 changes for selected products: fresh whole milk is 3.0 percent; cheese,
DAIRY MARKET NEWS WEEK OF FEBRUARY 15 - 19, 2021 VOLUME 88, REPORT 7 DAIRY MARKET NEWS AT A GLANCE TABLE OF CONTENTS Product Highlights/CME/DMN at a Glance 1 Weekly CME Cash Trading/Butter Markets 2 Cheese Markets 3 Fluid Milk and Cream 4 Nonfat Dry Milk/Dry Buttermilk/Dry Whole Milk 5 Dry Whey/WPC 34%/Lactose/Casein 6 U.S. Dairy Cow Slaughter/Class Milk Prices/NDPSR/Futures 7
DAIRY MARKET NEWS WEEK OF NOVEMBER 2 - 6, 2020 VOLUME 87, REPORT 45 DAIRY MARKET NEWS AT A GLANCE TABLE OF CONTENTS Product Highlights/CME/DMN at a Glance 1 Weekly CME Cash Trading/Butter Markets 2 Cheese Markets 3 Fluid Milk and Cream 4 Nonfat Dry Milk/Dry Buttermilk/Dry Whole Milk 5 Dry Whey/WPC 34%/Lactose/Casein 6 U.S. Dairy Cow Slaughter/Class Milk Prices/NDPSR/Futures 7
Oct 22, 2021 · DAIRY MARKET NEWS WEEK OF OCTOBER 18 - 22, 2021 VOLUME 88, REPORT 42 DAIRY MARKET NEWS AT A GLANCE TABLE OF CONTENTS Product Highlights/CME/DMN at a Glance 1 Weekly CME Cash Trading/Butter Markets 2 Cheese Markets 3 Fluid Milk and Cream 4 Nonfat Dry Milk/Dry Buttermilk/Dry Whole Milk 5 Dry Whey/WPC 34%/Lactose/Casein 6 U.S Dairy Cow
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3 Definitions Dairy businesses are businesses that develop, produce, market, or distribute dairy products. Dairy plants are any location where milk, cream, dairy products, or trade products are received for the purpose of manufacturing, processing, or packaging (T.C.A. 53-3-106). Dairy products must be derived from the milk of hooved mammals including, but not limited to: cattle,
Non-Dairy Products: Margarine, non-dairy creamer, non-dairy sour cream, non-dairy flavored beverage and non-dairy whipped topping all of these are to be catego-rized as non-dairy fat 3. California Mastitis Test -20 min Samples should be scored using even numbers from 0 – 8 inclusive. 8 points per sample.
Oregon Dairy Industries 2019 Awards 2019 Dairy Princess Ambassador . Dairy plant sampler, 5 years. Pasteurizer equipment testing, 13 years. Dairy Specialist, 10 years. . Chocolate Milk Albertsons/Safeway Clackamas Albertsons/Safeway Bellevue Albertsons/Safeway San Leandro Alpenrose Dairy
