Thursday, January 6, 2022

Fluid Milk and Cream - Western U.S. Report 1

Milk production is trending higher in California this week. Bottling demand is increasing in     the state, as schools have begun to return from their winter breaks. Class II demand is     picking up; processors are running busier schedules following lighter year-end production.
Farm level milk production is steady in Arizona. Processors in the state are running busy     schedules to utilize available supplies of milk. Demand is unchanged across all Classes. 
In New Mexico milk production is steady. Staffing shortages and a shortage of truck drivers are     causing some Southwest processors to run reduced schedules. Demand is steady to higher for     bottling, while Class II demand is unchanged. 
Milk production is steady to higher in the Pacific Northwest. Stakeholders say that extreme weather in the area has not reduced cow  comfort. This weather is causing some delays to loads of milk. Some stakeholders in the Pacific Northwest are redirecting loads of milk to closer production facilities to reduce the need to dump milk. Class I demand is steady, but Class IV demand is increasing. 
In the mountain states of Idaho, Utah, and Colorado, farm level milk production is steady to     higher. Milk is available to meet production needs in the area, though inclement weather is     causing delays to the delivery of some loads. Steady demand is present across all classes.
     
Condensed skim contracts are steady, in the West. Cream demand is increasing as processors     are resuming busy schedules following some scheduled end of year down time. Cream is     available in the region. Contacts report that severe weather and a shortage of truck drivers     are causing delays to cream loads. Western cream multiples moved lower at the top, while the     bottom is unchanged.

     Western U.S., F.O.B. Cream
     Multiples Range - All Classes:               1.0000 - 1.2500



Friday Midday Dairy Market Summary - Butter and Cheese Prices Bounce

OUTSIDE MARKETS SUMMARY: CORN: 6 Higher SOYBEANS: 15 Higher SOYBEAN MEAL: ...