Milk production in California is seasonally lighter. However, some processors indicate week-over-week milk production changes are beginning to somewhat stabilize. Handlers convey preliminary records indicate July 2024 year-over-year milk output is down compared to July 2023 and below anticipated volumes. Stakeholders note spot milk availability is limited. Manufacturers indicate milk volumes are comfortable compared to plant capacities. All Class demands are unchanged.
In Arizona, farm level milk output is trending weaker. Stakeholders note availability of spot milk is extremely tight in the state. All Class demands are steady.
In New Mexico, milk production is lighter. Processors indicate current farm level milk output volumes in the state are keeping spot availability tight. All Class manufacturing demands are steady.
Some handlers in the Pacific Northwest convey in-network farm level milk output volumes have recently increased slightly. However, availability of spot milk remains in line with recent weeks for the Pacific Northwest. Demands are steady for all Classes.
Milk production continues to be lighter in the mountain states of Idaho, Utah, and Colorado. Manufacturers indicate milk volumes are adequately accommodating production needs. New facilities coming online in Idaho during late Q2/early Q3 have increased overall processing capacity in the state. Demands for all Classes are steady.
Cream is tight throughout the region. Cream demand is mixed. Cream multiples contracted somewhat this week. Condensed skim milk demand is strong. Condensed skim milk availability is tight. Some stakeholders convey requests could not be accommodated due demand exceeding available stocks.
