Thursday, April 25, 2024

Fluid Milk and Cream - Western U.S. Report 17

In California, milk production is steady. Industry participants say seasonal spring flush conditions peaked in early-to-mid April. Handlers note recent week-to-week milk production differences as steady to slightly decreasing. Some handlers convey preliminary records indicate April milk production is trending slightly below anticipated volumes. Spot milk availability is reported as neither tight nor loose. Spot milk load pricing is reported to be near $3-$4 below flat FMMO blend price. Some processors anticipate tighter milk availability starting soon. Class IV demand is stronger. Demands for all other Classes are unchanged. 

Farm level milk output in Arizona is steady. Manufacturers indicate milk volumes are ample for manufacturing needs and Class demands are unchanged. 

In New Mexico, milk production is steady to higher. However, some processors note milk production is down for 2024 year-over-year comparisons. Demands for all Classes are steady. 

Industry participants convey steady milk production in the Pacific Northwest. Handlers anticipate Class II demand from ice cream makers will pick up soon. Class I, III, and IV demands are steady. 

Reported farm level milk output in the mountain states of Idaho, Utah, and Colorado varies from slightly weaker to strengthening. Industry participants say spring flush conditions in Colorado have started. Processors note milk volumes are readily available throughout most of the mountain states. All Class demands are steady to strong. 

Cream availability remains similarly in line with recent weeks. Cream multiples are unchanged this week. Demand for cream and condensed skim milk is stronger. Condensed skim milk is widely available. 




Friday Closing Dairy Market Update - A Strong Close to the Week for Dairy Market

MILK Milk futures had an incredible week with Class III futures ending with the June through October contracts moving above $19.00. ...