DAIRY MARKET NEWS VOLUME 88, REPORT 12

DAIRY MARKET NEWS WEEK OF MARCH 22 - 26, 2021 VOLUME 88, REPORT 12

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 Organic Dairy Market News 8 February Cold Storage 9 February Market Summary and Utilization Report 10 December Mailbox Milk Prices 11

March Retail Milk Prices 12 Dairy Graphs G1 National Retail Report – Dairy Dairy Market News Contacts

CME GROUP CASH MARKETS (3/26) BUTTER: Grade AA closed at $1.7750. The weekly average for Grade AA is $1.7200 (+0.0180) CHEESE: Barrels closed at $1.4625 and 40# blocks at $1.7200. The weekly average for barrels is $1.4480 (-0.0600) and blocks, $1.7130 (-0.0850). NONFAT DRY MILK: Grade A closed at $1.1700. The weekly average for Grade A is $1.1560 (-0.0105). DRY WHEY: Extra grade dry whey closed at $0.6275. The weekly average for dry whey is $0.6215 (+0.0170). CHEESE HIGHLIGHTS: Cheesemakers across the country report readily accessible milk supplies. Spot milk prices in the Midwest ranged from $5 to $3 under Class, compared to $6 to $2 under a year ago during week 12. Cheese demand upticks have been reported, particularly on the food service side, as pandemic restrictions ease. Western contacts relay export numbers have improved, as well. Cheese inventories are noted as steady to a bit higher than they were in early spring 2020. Although block prices have slipped on the CME some from last week, cheese market tones are somewhat stable. BUTTER HIGHLIGHTS: Cream is ample in the West, but industry contacts anticipate supplies tightening, as reported in the Central and East regions. Butter churns are attracting less cream than in recent weeks, and ice cream makers are starting to pull more heavily at available supplies to support seasonal production needs. Butter inventories are heavy in some regions, however, domestic and export interests are stable and expected to deplete those inventories as the year advances. Heading into the spring holiday season, retail butter demand is strong with many retailers planning holiday butter advertisements. Food service demand is growing as restrictions continue to relax. Butter market tones are firm. FLUID MILK: Milk supplies are stable to readily available in the U.S. There are signs of the flush in the West and in the Central regions. Class I sales are fairly steady in the East and West. In the Central, Class I demands are slightly lower this week, as additional milk loads are moving to manufacturing. Some schools’ pipeline demands are lower with several school systems closed for spring break. Cream is tightening in the Central and East regions. In the West, cream supply is fairly available, although some market participants are seeing a slight tightness in cream availability. Additional condensed skim volumes are moving to some operations. Cream multiples are 1.28 – 1.40 in the East, 1.23-1.34 in the Midwest, and 1.05-1.26 in the West.

DRY PRODUCTS: Low/medium heat nonfat dry milk (NDM) prices are mixed this week. Domestic and international demands are stable for the near term. The market tone is somewhat uncertain. High heat prices are mixed. Some buyers are purchasing on a narrower price range. Market conditions vary across regions. Dry buttermilk prices are steady to higher. Trading activities are fairly active. There are some shipping hurdles in the West region. The price range widened in the dry whole milk market this week. Dry whey prices are mostly higher. Market participants report both international and domestic demand remains hearty. The market tone is firm. Whey protein concentrate 34% prices are steady to higher. The demand for sports nutrition products is growing as gyms are reopening and team sports return to pre COVID schedules. Lactose prices are steady to higher. The demand for lactose has strengthened in standardization. The lactose market tone is bullish. Prices for acid casein are higher, although rennet casein prices are unchanged. Casein markets are firming. ORGANIC DAIRY MARKET NEWS: Organic feed soybean trading activities are active. Organic feed soybeans traded $3.47 higher FOB. There is uncertainty in current availability for imported soybean meal. Some end users are receiving soybean meal offers in the 1200.00 to 1400.00/ton range. Trading activities and market trends are fairly unchanged on organic feed wheat, oats, barley and rye at this time. An organic dairy cooperative is introducing a clean energy fund for farmers. The coop has partnered with a credit union for a $1 million fund for participating farmers to reduce energy costs and improve sustainability. The loans will support investments in improvements such as solar electric systems, energy-efficiency developments, and geothermal system advances. NATIONAL RETAIL REPORT (DMN): Total conventional dairy ads increased by 11 percent, while organic dairy ads decreased by 27 percent. The most advertised dairy item this week is conventional 48 to 64-ounce containers of ice cream. The national weighted average price is $2.81, down 14 cents from last week. The national weighted average advertised price for conventional 1-pound butter is $2.61, 17 cents lower than last week. Conventional yogurt ads decreased by 15 percent, and organic milk ads decreased by 67 percent. The national weighted average advertised price for conventional Greek yogurt in 4 to 6-ounce containers is $0.98, up 5 cents from last week. Conventional yogurt in 4 to 6-ounce containers has a national weighted average advertised price of $0.49, unchanged from last week.

CONTINUED ON PAGE 1A

Commodity Commodity CommodityNDM BUTTERMILK LACTOSE Central Low/Med. Heat 1.1200 1.2400 1.1500 1.1800 Central/East 1.0900 1.1525 Central/West 0.3500 0.5500 0.4000 0.4800

Change -0.0200 -0.0200 N.C. N.C. Change 0.0150 0.0025 Change 0.0200 N.C. 0.0100 0.0100 Central High Heat 1.2800 1.3600 West 1.0000 1.1300 1.0800 1.1000 WPC 34%

Change N.C. N.C. Change 0.0500 0.0100 N.C. N.C. Central/West 0.9800 1.2200 1.0500 1.0900 West Low/Med. Heat 1.1100 1.2400 1.1500 1.2000 WHEY Change N.C. 0.0150 0.0500 N.C.

Change 0.0100 N.C. 0.0200 N.C. Central 0.5600 0.6300 0.5800 0.6200 CASEIN West High Heat 1.2950 1.3550 Change 0.0100 0.0250 N.C. 0.0200 Rennet 3.6700 3.7500

Change 0.0200 -0.0100 West 0.5450 0.6400 0.5800 0.6100 Change N.C. N.C.DRY WHOLE MILK Change 0.0150 0.0150 0.0200 0.0100 Acid 4.1600 4.3000 National 1.6000 1.7500 Northeast 0.5450 0.6100 Change 0.0700 0.0200

Change -0.0700 N.C. Change 0.0075 0.0100 ANIMAL FEED WHEY Central 0.4700 0.5800

Change 0.0200 N.C.

DAIRY MARKET NEWS PRICE SUMMARY FOR MARCH 22 - 26, 2021PRICES ($/LB) & CHANGES FROM PREVIOUS PUBLISHED PRICES

Range Mostly Range Mostly Range Mostly

CONTINUED FROM PAGE 1 FEBRUARY COLD STORAGE (NASS): On February 28, U.S. cold storage holdings of butter totaled 352.7 million pounds, up 6 percent from the previous month, and up 17 percent from February 2020. Natural American cheese holdings total 816.0 million pounds, up 1 percent from the previous month, and 5 percent more than February 2020. Total natural cheese stocks were 1.436 billion pounds, up 2 from last month, and 5 percent more than February 2020. FEBRUARY MARKET SUMMARY AND UTILIZATION REPORT (FMMO): During February, 9.8 billion pounds of milk were received from Federally pooled producers. This volume of milk is 18.0 percent lower than the February 2020 volume. Regulated handlers pooled 3.4 billion pounds of producer milk as Class I products, up 1.9 percent when compared to the previous year. The all-market average Class utilization percentages were: Class I = 35%, Class II = 16%, Class III = 14%, and Class IV = 36%. The weighted average statistical uniform price was $15.12 per cwt, $0.15 lower than last month and $2.39 lower than last year. DECEMBER MAILBOX MILK PRICES (FMMO): In December 2020, mailbox milk prices for selected reporting areas in Federal milk orders averaged $17.34 per cwt, down $1.81 from the November 2020 average and down $2.57 per cwt from the December 2019 average. The component tests of producer milk in December 2020 were: butterfat, 4.09 percent; protein, 3.29 percent; and other solids, 5.76 percent. MARCH RETAIL MILK PRICES (FMMO): U.S. simple average prices are: $3.59 per gallon for conventional whole milk, $3.55 per gallon for conventional reduced fat 2% milk, $4.07 per half gallon organic whole milk, and $4.07 per half gallon organic reduced fat 2% milk.

WEEK OF MARCH 22 - 26, 2021 DAIRY MARKET NEWS VOLUME 88, REPORT 12

DAIRY MARKET NEWS AT A GLANCE

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DAIRY MARKET NEWS, MARCH 22 - 26, 2021 -2- VOLUME 88, REPORT 12

NORTHEAST In the East, some butter makers have shortened butter output schedules this week. Cream loads on the spot market are priced at higher multiples. Class II, cream-based manufacturers, including ice cream operations, are purchasing additional cream supplies this week. Stick/cup/cone novelty item production is ramping up seasonally. Butter inventories are fairly stable. Butter retail sales are reportedly strong. Several retailers are advertising butter products for spring holidays. Foodservice butter sales are at higher levels compared to historical levels. Bulk butter prices range 3 - 8 cents over the CME, with various time frames and averages used. Butter markets are stable. Prices for: Eastern U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter Bulk Basis Pricing - 80% Butterfat $/LB: +0.0300 - +0.0800

CENTRAL Butter contacts are relaying similar notes week to week regarding food service demand upticks. Some have mentioned that demand softened slightly last week, but general demand tones have turned a corner from previous months. Still, there is a lot of butter available domestically. Cream's tightening shift continued this week. Butter churners say their bids at multiples in the low 1.20s are slower to find traction. The big question is which direction cream availability will take following the spring holidays. Regarding cream, some contacts expect steadiness then further tightness following the holidays, while others expect some loosening considering the flush season. Butter market tones remain somewhat sturdy. Prices for: Central U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter Bulk Basis Pricing - 80% Butterfat $/LB: +0.0100 - +0.0500

WEST

Cream is ample in the West, but some industry contacts expect that cream supply may start tightening a little for butter makers as ice cream, sour cream, and cream cheese makers are increasing intakes. However, some manufacturers report that their butter inventories are heavy and still growing. U.S. butter is competitively priced in international markets, and

export interest remains steady. Retail sales are down slightly compared to early COVID supply stockpiling from a year ago, but retail butter demand is reportedly strong heading into the spring holiday season. With restrictions softening and consumer comfort levels growing for dining out, food service demand continues to strengthen. Prices for: Western U.S., All First Sales, F.O.B., Grade AA, Conventional, and Edible Butter Bulk Basis Pricing - 80% Butterfat $/LB: 0.0000 - +0.0750 Secondary Sourced Information: CME CLOSING PRICE The Grade AA butter price at the CME Group on Wednesday closed at $1.7225, compared to the weekly average price of $1.7020 from last week. COLD STORAGE – BUTTER SUMMARY Released March 22, 2021, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). 2/28/21 Stocks in all Warehouses (1,000 pounds) as a percent of 2/29/20 1/31/20 2/28/21 2/29/20 1/31/20 Butter Stocks 301,820 331,912 352,669 117 106

BUTTER MARKETS

NOTICE: Five days of trading information can be found at www.cmegroup.com/trading/agricultural/spot-call-data.html

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.;DRY WHEY, 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 Average

COMMODITY MONDAY MAR 22

TUESDAY MAR 23

WEDNESDAY MAR 24

THURSDAY MAR 25

FRIDAY MAR 26

:: WEEKLY CHANGE

:: WEEKLY AVERAGE

CHEESE

BARRELS $1.4375 (-0.0150)

$1.4400 (+0.0025)

$1.4400 (N.C.)

$1.4600 (+0.0200)

$1.4625 (+0.0025)

:: ::

(+0.0100)

:: ::

$1.4480 (-0.0600)

40 POUND BLOCKS $1.7600 (-0.0300)

$1.7150 (-0.0450)

$1.6700 (-0.0450)

$1.7000 (+0.0300)

$1.7200 (+0.0200)

:: ::

(-0.0700)

:: ::

$1.7130 (-0.0850)

NONFAT DRY MILK

GRADE A $1.1400 (-0.0125)

$1.1500 (+0.0100)

$1.1500 (N.C.)

$1.1700 (+0.0200)

$1.1700 (N.C.)

:: ::

(+0.0175)

:: ::

$1.1560 (-0.0105)

BUTTER

GRADE AA $1.6650 (N.C.)

$1.7000 (+0.0350)

$1.7225 (+0.0225)

$1.7375 (+0.0150)

$1.7750 (+0.0375)

:: ::

(+0.1100)

:: ::

$1.7200 (+0.0180)

DRY WHEY

EXTRA GRADE $0.6125 (N.C.)

$0.6125 (N.C.)

$0.6275 (+0.0150)

$0.6275 (N.C.)

$0.6275 (N.C.)

:: ::

(+0.0150)

:: ::

$0.6215 (+0.0170)

DAIRY MARKET NEWS, MARCH 22 - 26, 2021 VOLUME 88, REPORT 12

CHEESE MARKETS

NORTHEAST

In the Northeast, milk supplies are aplenty for cheese operations. Cheddar cheese production schedules are stable. In addition, cheese makers’ mozzarella and provolone production schedules are active in the region. Manufacturers’ inventory levels are available for spot/contract commitments. Cheese retail sales are firm. Several retailers/grocers are ordering a stable amount of cheese products for their cus-tomers’ strong demands. Foodservice sales are mixed. There are re-ports restaurants throughout the East are reopening and altering ser-vice options and indoor/outdoor seating. Cheddar cheese block and barrel prices are mixed on various market exchanges. Although cheese prices are slightly unsettled, markets are displaying a steady tone.

WHOLESALE SELLING PRICES: DELIVERED DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

Cheddar 40 pound Block 2.2525-2.5400 Muenster 2.2400-2.5900 Process American 5 pound Sliced 1.6075-2.0875 Swiss 10-14 pound Cuts 3.2175-3.5400

MIDWEST

Midwestern cheese producers report a variance in work schedules. Some are and have been running full schedules, while others are picking up a little following lighter workweek schedules. There is some consistency this week regarding notes on spot milk: it is availa-ble. Current spot milk prices are lower on the high end than last week, but all remain discounted. Cheese demand has picked up in most cases. Food service demand is not at pre-pandemic levels, but has picked up quite a bit in the late winter/early spring season. Cheese availability reports are similar to those of production; they vary plant to plant. Some producers are saying they are moving cheese out the door, while others have some available loads here and there. Cheese market tones are mixed. Cheese block prices have shifted lower day by day on the CME, while barrel prices remain mostly steady.

WISCONSIN WHOLESALE SELLING PRICES: DELIVERED DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

Blue 5 pounds 2.4375-3.5050 Brick 5 pounds 2.1675-2.5925 Cheddar 40 pound Block 1.8900-2.2900 Monterey Jack 10 pounds 2.1425-2.3475 Mozzarella 5-6 pounds 1.9675-2.9125 Muenster 5 pounds 2.1675-2.5925 Process American 5 pound Loaf 1.5925-1.9525 Swiss 6-9 pound Cuts 2.7325-2.8500

WEST

Food service demand for Western cheese continues to rise with the loosening of COVID restrictions, in parts of the country, while retail demand has held steady. Demand for cheese to export is strong de-spite the ongoing issues at the ports and tightness of shipping sup-plies. As market prices have edged lower for block cheese, interna-tional buyer interest has ticked back up. Cheese producers are finding that there is plenty of milk available, and plants are running at or near full capacity. Cheese is moving well through contracts and is availa-ble for spot purchases. Stakeholders say inventories are currently around or slightly higher than they were a year ago.

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WHOLESALE SELLING PRICES: DELIVERED DOLLARS PER POUND(MIXED LOTS (1000-5000 POUNDS))

Cheddar 10 pound Cuts 2.1275-2.3275 Cheddar 40 pound Block 1.8800-2.3700 Monterey Jack 10 pounds 2.1150-2.3900 Process American 5 pound Loaf 1.6100-1.8650 Swiss 6-9 pound Cuts 3.0250-3.4550

FOREIGN TYPE

Italy opens 2021 through January as the third largest EU cheese pro-ducing country and the only country among the top three with in-creased cheese production. Plave is a nutty, pasteurized cow's milk cheese from the Veneto region in northern Italy. The seasonal produc-tion peak has been April in recent years. However, 2021 production and hence volumes available for export, have lagged. The EU cheese production seasonal cycle is similar to the milk production cycle. Thus, it is expected that 2021 cheese production will reach the season-al peak in late April or so. With EU cheese production off to a slow start in 2021, due to lower than hoped for milk production, cheese available for export is tighter than hoped for. On the other hand, pric-es for new sales with April delivery are expected to be higher as a result. Manufacturers like higher prices but most have a long-range view and that requires keeping cheese flowing to buyers to maintain the long cultivated EU position as the leading global cheese exporter. Enhanced efforts are ongoing to direct more EU milk production into cheese to maintain desired production volumes.

WHOLESALE SELLING PRICES: FOB DISTRIBUTORS DOCK DOLLARS PER POUND (1000 - 5000 POUNDS, MIXED LOTS)

: NEW YORK VARIETY : IMPORTED : DOMESTIC : : Blue : 2.6400-5.2300 : 2.2600-3.7475* Gorgonzola : 3.6900-5.7400 : 2.7675-3.4850* Parmesan : -0- : 3.6475-5.7375* Romano : -0- : 3.4500-5.6050* Sardo Romano (Argentina) : 2.8500-4.7800 : -0- Reggianito (Argentina) : 3.2900-4.7800 : -0- Jarlsberg : 2.9500-6.4500 : -0- Swiss : -0- : 3.2525-3.5775 Swiss (Finland) : 2.6700-2.9300 : -0- * = Price change.

COLD STORAGE

WEEKLY COLD STORAGE HOLDINGS - SELECTED STORAGE CENTERS IN THOUSAND POUNDS - INCLUDING GOVERNMENT STOCKS

: BUTTER CHEESE 03/22/2021 : 61538 : 83759 03/01/2021 : 59466 : 84063 CHANGE : 2072 : -304 % CHANGE : 3 : 0



CHEESE MARKETS

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CONTINUED FROM PAGE 3

Cold Storage – Cheese Summary

Released on: 3/22/2021

by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA).

2/28/21

Stocks in all Warehouses (1,000 pounds) as a percent of

Natural Cheese 2/29/20 1/31/20 2/28/21 2/29/20 1/31/20

Total natural cheese 1,362,091 1,408,379 1,436,207 105 102

American, total 778,265 809,105 815,999 105 101

New England 72,728 70,208 70,692 97 101

Middle Atlantic 73,605 70,768 73,271 100 104

East North Central 314,543 323,454 323,045 103 100

West North Central 124,759 143,703 142,641 114 99

South Atlantic 100 48 46 46 96

East South Central 10,083 5,337 6,530 65 122

West South Central 10,413 10,593 11,903 114 112

Mountain 55,070 54,914 57,821 105 105

Pacific 116,964 130,080 130,050 111 100

Swiss, total 24,089 21,344 22,698 94 106

Other, total 559,737 577,930 597,510 107 103

New England 852 1,287 1,050 123 82

Middle Atlantic 21,447 21,018 21,239 99 101

East North Central 340,495 358,720 369,876 109 103

West North Central 51,735 50,253 49,300 95 98

South Atlantic 42,449 33,294 35,158 83 106

East South Central 34,081 35,825 35,672 105 100

West South Central 3,496 2,239 1,889 54 84

Mountain 3,926 2,746 2,881 73 105

Pacific 61,256 72,548 80,445 131 111

DAIRY MARKET NEWS, MARCH 22 – 26, 2021 VOLUME 88, REPORT 12

Northeast milk supplies are available for bottling/manufacturing needs in the region. Class I sales are steady for the near term. Class II sales are up this week. Some novelty item production schedules have ramped up seasonally. Class III operations are pulling a steady amount of milk supplies for active processing schedules. Foodservice sales are mixed. Restaurants are reopening throughout the East. Numerous eateries are altering service options and indoor/outdoor seating. Consumers’ dairy product demands continue to be strong in several retail outlets. Mid-Atlantic milk production is somewhat flat. Milk supplies are reportedly tight in the region due to manufacturers’ immediate needs. Milk loads are traveling to neighboring regions for manufacturers’ heightened milk demands. Southeast milk production is slightly up. Class I sales are a bit lower this week. Some schools are closed for spring break. A few manufacturing plants are receiving additional milk loads in the region. In Florida, milk output has peaked. Market participants report retail milk demands are strong. Cream markets are firm. Several buyers are purchasing cream around the low to mid 1.30s. Ice cream and cream cheese operations are pulling a strong supply of cream this week. Available cream loads have tightened in the East. Butter production schedules are shorter this week. Condensed skim markets are stable. Some manufacturers are receiving additional condensed skim supplies for their immediate needs. Northeastern U.S., F.O.B. Condensed Skim Price Range - Class II; $/LB Solids: 0.45 - 0.65 Price Range - Class III; $/LB Solids: 0.60 - 0.75 Northeastern U.S., F.O.B. Cream Multiples Range - All Classes: 1.2800 - 1.4000 Price Range - Class II; $/LB Butterfat: 2.1786 - 2.3828

MIDWEST

Milk production is noted as growing and/or flush-like throughout the region. In the southern Central area, milk production is unceasing even during the recovery period from the mid-February winter storm. Midwestern production rates are in a typical seasonal incline. Class I demand is not keeping up and was reportedly down last week and early this week. After Texas pipelines were refilled, the pull of milk into the south has ebbed. Although school districts have intermittently reopened across the region, many are just returning from or undergoing spring break. Cheesemakers reported widely available spot milk supplies last weekend and early this week. The spot milk range loosened on the top of the range for the second week in a row. Still, though, current spot milk ranges are closely aligned with 2020 spot milk prices during week 12, which were $6 to $2 under Class. Cream cheese production is, according to contacts, moving cream availability in a different direction than that of spot milk. Butter producers report they can get a few extra loads when needed, but they are bidding more and receiving fewer loads week in and week out. Contacts are mixed on the potentiality of cream markets moving into the spring and summer: some expect minor loosening following spring holidays, while others contend cream may remain tighter with more ice cream production. Some winter wheat growers in the southern portion of the region received some very beneficial precipitation, as crop reports are trending positively from Kansas down through Texas. Still, portions of the region, including the states mentioned, are undergoing drought-like conditions.

Price Range - Class III Milk; $/CWT; Spot Basis: -5.00 - -3.00 Trade Activity: Slow Midwestern U.S., F.O.B. Cream Multiples Range - All Classes: 1.2300 - 1.3400 Price Range - Class II; $/LB Butterfat: 2.1445 - 2.2807 Multiples Range - Class II: 1.2600 - 1.3400

WEST California is in flush. Milk output is heavy, and processing facilities are running at or close to capacity. Milk handlers would like to move extra loads around, but freight is at a premium and these costs are hampering movement. Class I and Class II sales remain steady. Class I demand is high in Arizona. Milk production is nearing peak, but output is well-balanced with bottling operations and other dairy manufacturers. Class I orders in New Mexico are down a little after the pipeline refill of the last few weeks and spring breaks for educational institutions. Milk production is steady, and balancing plants are active. Spring holiday retail orders are keeping Class II demand strong. Milk supply is ample in the Pacific Northwest, and processing plants are full and active. Current weather is providing good cow comfort for the milking herd. Dairy product manufacturers are pulling heavy volumes of milk, but Class I and Class II processing have decreased slightly. Spot milk has tightened a little in the mountain states of Idaho, Utah, and Colorado. While discounted loads are available in Idaho, industry contacts say there are fewer of them than usual. Manufacturers are running plants near capacity and milk supplies are in good balance with processing demand. Condensed skim loads are moving well through current contracts. In addition, balancing plants are very active, but industry contacts say supplies are well-matched with processing needs. Western butter churns are attracting less cream than in recent weeks. Cream supply is heavy in the west, but industry contacts anticipate it will tighten as ice cream makers build stock heading toward summer. There has been interest in moving cream from the west into the Midwest and East over the last few weeks, but availability of trucks and drivers makes this difficult. Cream multiples trended a little higher, with the top of the range moving up a few points.

Western U.S., F.O.B. Cream Multiples Range - All Classes: 1.0500 - 1.2600 Secondary Sourced Information: CALIFORNIA MARKET ORDER Milk pooled on the California Order 51 totaled 1.837 billion pounds in February 2021. Class I utilization was 389.5 million pounds and accounted for about 21.2 percent of producer milk. The uniform price was $13.99, down $0.25 from January 2021, and $2.89 below the same month a year ago.


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EAST

FLUID MILK AND CREAM



MONTHLY MILK PRODUCTION The NASS Milk Production report noted February 2021 milk pro-duction in the 24 selected states was 16.8 billion pounds, 1.3 percent lower from a year ago. Milk cows in the 24 selected states totaled 8.94 million head, 88,000 head more than a year ago. The following table shows western states included in the report and the monthly milk production changes compared to a year ago: February 2021 Milk Production, (USDA-NASS) (Million Lb.) % Change From 1 Year Ago Arizona 398 - 4.3 California 3,328 - 1.5 Colorado 404 + 1.3 Idaho 1,228 - 3.1 New Mexico 657 - 2.5 Oregon 201 - 4.7 Utah 169 - 4.5 Washington 513 - 5.7 MONTHLY MILK PRODUCTION The NASS Milk Production report noted February 2021 milk pro-duction in the 24 selected states was 16.8 billion pounds, 1.3 percent lower than a year ago. Milk cows in the 24 selected states totaled 8.94 million head, 88,000 head more than a year ago. The following table shows Central states included in the report and the monthly milk production and percent changes compared to a year ago: February 2021 Milk Production, (USDA-NASS) (Million Lb.) % Change From 1 Year Ago Illinois 145 - 1.4 Indiana 351 + 6.7 Iowa 422 - 1.6 Kansas 324 + 0.6 Michigan 920 + 0.2 Minnesota 809 + 2.1 Ohio 442 - 0.7 South Dakota 251 + 5.9 Texas 1,193 +1.7 Wisconsin 2,423 - 0.4

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NONFAT DRY MILK, BUTTERMILK & WHOLE MILK

Prices represent carlot/trucklot quantities for domestic and export sales packaged in 25 kg. or 50 lb. bags, or totes, spray process, dollars per pound.

NONFAT DRY MILK - CENTRAL AND EAST

CENTRAL: Low/medium heat nonfat dry milk (NDM) prices shifted lower on both sides of the range this week, while the mostly price range remained steady in the middle/upper $1.10s. Central spot trading, which was steadily busy this week, kept pricing in that zone. Drying rates are somewhat active and some contacts suggest availability ranges from balanced to readily accessible. High heat NDM drying is limited, as trading was quiet. High heat NDM prices held steady. The NDM market tone is noted as restrained. Some contacts have suggested they view longer term NDM market tones as healthy. EAST: Prices of low/medium heat nonfat dry milk (NDM) shifted lower on the range, while remaining steady on the mostly series. Eastern region end users are finding deals closer to the low $1.10s more often week to week. Trades from previous weeks occurring in the middle $1.20s were subdued this week. Condensed skim has become tighter in recent weeks, according to some contacts. Still, drying is somewhat active and availability is not tight, although not loose either, as demand has kept the markets proportional in recent weeks. High heat NDM trading was slower in the Eastern region, as prices are unchanged. The NDM market tone is uncertain. Prices for: Eastern and Central U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and Edible Nonfat Dry Milk Price Range - Low & Medium Heat; $/LB: 1.1200 - 1.2400 Mostly Range - Low & Medium Heat; $/LB: 1.1500 - 1.1800 Prices for: Eastern and Central U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and Edible Nonfat Dry Milk Price Range - High Heat; $/LB: 1.2800 - 1.3600

NONFAT DRY MILK - WEST In the West, low/medium heat nonfat dry milk (NDM) prices are slightly higher. The mostly has tightened this week, as the bottom of the range moved up. Some suppliers continue to offer at prices around the top end of the price range. Several traders are purchasing on a thinner price range this week. The demand from domestic buyers is mostly steady. Export demand is strong; there are reports that U.S. prices are favorable to some international buyers. However, some export buyers in Mexico are not favorable toward the shift in pricing. Low/medium heat production is continuing at a steady pace due to the current availability of milk supplies. High heat NDM pricing, in the West, has narrowed on the price range. While demand has remained steady, inventories are lower. The current abundance of milk for processing favors the shorter drying times of low/medium heat. Production of high heat remains low. High heat market conditions are fairly steady. Prices for: Western U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and Edible Nonfat Dry Milk Price Range - Low & Medium Heat; $/LB: 1.1100 - 1.2400 Mostly Range - Low & Medium Heat; $/LB: 1.1500 - 1.2000 Prices for: Western U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and Edible Nonfat Dry Milk Price Range - High Heat; $/LB: 1.2950 - 1.3550

DRY BUTTERMILK - CENTRAL AND EAST

CENTRAL: Dry buttermilk prices are slightly higher. Trading activities are somewhat active this week. There are buyers purchasing spot loads for their immediate needs. There are reports offers are increasing on the market. Some aging loads are available for buyers’ needs. Butter makers are noting a tighter cream supply in the region. Leading to lower production times. Dry buttermilk production remains sporadic at this time. Inventory levels are low, although some operations are offering available loads. The market tone is stable. EAST: Dry buttermilk pricing is up this week. Spot market activities are steady to higher. Some buyers are purchasing for their immediate needs. Dry buttermilk supplies are fairly limited in the East region. Production schedules are running on lower output schedules. Prices for: Eastern and Central U.S., All First Sales, F.O.B., Conventional, and Edible Buttermilk Price Range ; $/LB: 1.0900 - 1.1525

DRY BUTTERMILK - WEST Dry buttermilk prices moved up on the range, while the mostly series held steady. Shipping hurdles are creating some pricing volatility, as suppliers have had to reroute loads, in some cases, from the port to domestic end users. Still, recently produced loads are moving above $1.00 and into the low $1.10s. End users suggest offers are being made somewhat regularly, indicating a generally sufficient supply. Still, demand is hearty enough to keep some semblance of balance, at least near term, on the spot market. Seasonal demand from industrial bakers is expected to slide back shortly. All said, current market tones lack directional certainty. Prices for: Western U.S., All First Sales, F.O.B., Conventional, and Edible Buttermilk Price Range ; $/LB: 1.0000 - 1.1300 Mostly Range - ; $/LB: 1.0800 - 1.1000

DRY WHOLE MILK - U.S. Some larger volume trades of dry whole milk pushed the bottom of the price range lower, while limited availability for individually traded spot loads kept the high price in place this week. Interestingly, some less-than-load (LTL) trades have been moving below and toward the lower end of the reportable range. Despite the lower prices on the bottom of the range, dry whole milk trading is somewhat limited on the spot market and market tones are more quiet than bearish. Drying remains limited in the Central and Western regions, as condensed skim still remains the focal point for a number of producers. Prices for: U.S., All First Sales, F.O.B., Conventional, and Edible Dry Whole Milk Price Range - 26% Butterfat; $/LB: 1.6000 - 1.7500

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WHEY, WPC 34%, LACTOSE & CASEIN Prices represent carlot/trucklot quantities for domestic and export sales packaged in 25 kg. or 50 lb. bags, or totes, spray process, dollars per pound.

DRY WHEY- CENTRAL Most price points shifted higher on the edible dry whey spot trading markets this week. The lone exception is the bottom of the mostly series, which remains at $.58. Producers suggest both international and domestic demand remains hearty. While some end user contacts point to potential bears on the dry whey futures market, producer contacts say week to week demand has not exhibited anything but bulls. Some end users say they are sitting on the sidelines as long as possible. As Chinese farmers continue to purchase whey as they regrow their swine herds, though, market conditions could remain in a steady to bullish pattern. Domestic animal feed whey trading, which shot up last week, edged up two pennies on the bottom this week. Prices for: Central U.S., All First Sales, F.O.B., Conventional, and Non-Edible Dry Whey Price Range - Animal Feed; $/LB: .4700 - .5800 Prices for: Central U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and Edible Dry Whey Price Range - Non-Hygroscopic; $/LB: .5600 - .6300 Mostly Range - Non-Hygroscopic; $/LB: .5800 - .6200

DRY WHEY– NORTHEAST Dry whey prices are higher this week in the East region. Dry whey markets are fairly firm. Manufacturers continue to offer supplies around the mid $0.50s to low $0.60s. On various market exchanges, dry whey price points are higher. Trading activities are active. Export demands are reportedly strong. Moreover, several buyers are purchasing weekly loads for their immediate needs. Whey dryers are working through stable production schedules. For the near term, dry whey inventory levels are balanced and keeping pace with current demands. Prices for: Eastern U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and Edible Dry Whey Price Range - Non-Hygroscopic; $/LB: .5450 - .6100

DRY WHEY– WEST Prices for dry whey, in the West, have continued their recent upward trend with many contacts reporting prices over 60 cents. Lower prices on the range reflect the ongoing delays in shipping. As some loads bound for international markets have aged while awaiting export, they have been reallocated for domestic purchases. High demand is present in both domestic and international markets. While inventories have remained tight, the current high prices have led some brokers/traders to quickly turn over purchased whey to mitigate the risk of a potential price correction. Western whey production is currently steady to lower as some manufacturers opt to make higher whey protein concentrations in lieu of dry whey. Prices for: Western U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and Edible Dry Whey Price Range - Non-Hygroscopic; $/LB: .5450 - .6400 Mostly Range - Non-Hygroscopic; $/LB: .5800 - .6100

WHEY PROTEIN CONCENTRATE Whey protein concentrate 34% prices moved up at the top of the price range and bottom of the mostly price series. Industry contacts relay that inventories are relatively tight, and they do not think this will change very soon. With strong demand for the higher whey protein concentrations, manufacturers are opting to make WPC 80% and WPI in lieu of WPC 34%. Sports nutrition demand has returned as work out gyms open more fully and sports schedules return. Some contacts speculate that the upcoming Olympics this summer and next winter may also help to supercharge the whey protein market. Other facets of the WPC 34% market, such as confectionaries and infant formula, are also making strong, steady pulls at available stocks. Prices for: Central and Western U.S., All First Sales, F.O.B., Extra Grade, Conventional, and Edible Whey Protein Concentrate Price Range - 34% Protein; $/LB: .9800 - 1.2200 Mostly Range - 34% Protein; $/LB: 1.0500 - 1.0900

LACTOSE Prices for lactose continue to firm. The bottom of the price range and both ends of the mostly price series all recorded price increases this week. Some industry contacts suggest strong whey permeate prices and demand in international feed markets are helping support the lactose market. However, lactose producers say demand for the lactose itself is strong. Buyers across many applications are looking for immediate lactose coverage and coverage into the summer. Q2 contracts are mostly in place, and some market participants are thinking about Q3. Manufacturers suggest demand for lactose used in standardization is especially strong. While end users report no issues finding lactose, inventories have tightened, especially for favored brands, 200 mesh lactose, and lactose that meets tight end user specifications. Production is steady to lower. Access to containers and access to vessel space seem to be the biggest issues facing lactose exporters right now. While there is a bullish tone in the market, some market participants are cautious. A few manufacturers worry that active demand in the spring could lead some end users to overstock and dry up lactose demand come fall. In addition, a few contacts are watching the African swine fever situation in Southeast Asia closely. While cases of ASF are present, so far, they are under control and have had limited impact on dairy carbohydrate markets. Prices for: Central and Western U.S., Spot Sales And Up to 3 Month Contracts, F.O.B., Conventional, and Edible Lactose Price Range - Non Pharmaceutical; $/LB: .3500 - .5500 Mostly Range - Non Pharmaceutical; $/LB: .4000 - .4800


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DAIRY MARKET NEWS, MARCH 22 - 26, 2021 -6A- VOLUME 88, REPORT 12

WHEY, WPC 34%, LACTOSE & CASEIN Prices represent carlot/trucklot quantities for domestic and export sales packaged in 25 kg. or 50 lb. bags, or totes, spray process, dollars per pound.


CASEIN Casein markets are bullish. Sources report that one factor is the vibrancy of the caseinate market. Some caseinate sales in Southeast Asia have neared $5.00 US/pound. In Belarus and Ukraine unground casein prices are increasing. Acid casein is following the price trend in both Western Europe and New Zealand. Acid casein prices for delivery in the second half of 2021 are higher than current prices. Rennet casein from Ireland and France is sold out through Q2 2021. Prices are expected to increase in coming months. U.S. and Mexican buyers are reported as being willing to pay higher prices than most European buyers. The firming prices for some cheeses, especially mozzarella, are also driving Western European rennet casein prices. So far there is not much of an organic casein market. Manufacturers rarely hear from buyers seeking organic casein. Prices for: Spot Sales And Up to 3 Month Contracts, Free on Board - Warehouse, Non-Restricted, All Mesh Sizes, Conventional, and Edible Casein Acid; Price Range - $/LB: 4.1600-4.3000 Rennet; Price Range - $/LB: 3.6700-3.7500


U.S. Dairy Cow Slaughter (1000 head) under Federal Inspection

2021 WEEKLY 2021 2020 WEEKLY 2020 WEEK ENDING DAIRY COWS CUMULATIVE DAIRY COWS DAIRY COWS CUMULATIVE DAIRY COWS 03/13/2021 68.8 728.9 65.7 717.2 WEBSITE: http://www.ams.usda.gov/mnreports/sj_ls714.txt SOURCE: The slaughter data are gathered and tabulated in a cooperative effort by the Agricultural Marketing Service, the Food Safety and Inspection Service, and the National Agricultural Statistics Service, all of USDA

FEDERAL MILK ORDER CLASS III MILK PRICES (3.5% Butterfat)

YEAR JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2016 13.72 13.80 13.74 13.63 12.76 13.22 15.24 16.91 16.39 14.82 16.76 17.40 2017 16.77 16.88 15.81 15.22 15.57 16.44 15.45 16.57 16.36 16.69 16.88 15.44 2018 14.00 13.40 14.22 14.47 15.18 15.21 14.10 14.95 16.09 15.53 14.44 13.78 2019 13.96 13.89 15.04 15.96 16.38 16.27 17.55 17.60 18.31 18.72 20.45 19.37 2020 17.05 17.00 16.25 13.07 12.14 21.04 24.54 19.77 16.43 21.61 23.34 15.72

FEDERAL MILK ORDER CLASS IV MILK PRICES (3.5% Butterfat)

YEAR JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2016 13.31 13.49 12.74 12.68 13.09 13.77 14.84 14.65 14.25 13.66 13.76 14.97 2017 16.19 15.59 14.32 14.01 14.49 15.89 16.60 16.61 15.86 14.85 13.99 13.51 2018 13.13 12.87 13.04 13.48 14.57 14.91 14.14 14.63 14.81 15.01 15.06 15.09 2019 15.48 15.86 15.71 15.72 16.29 16.83 16.90 16.74 16.35 16.39 16.60 16.70 2020 16.65 16.20 14.87 11.40 10.67 12.90 13.76 12.53 12.75 13.47 13.30 13.36

FEDERAL MILK ORDER CLASS PRICES FOR 2021 (3.5% Butterfat)

CLASS JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC I (BASE) 15.14 15.54 15.20 15.51 II 14.18 14.00 III 16.04 15.75 IV 13.75 13.19

Further information may be found at: https://www.ams.usda.gov/rules-regulations/mmr/dmr

NATIONAL DAIRY PRODUCTS SALES REPORT

U.S. AVERAGES AND TOTAL POUNDS

WEEK ENDING 03/20/2021

BUTTER

1.6232 3,510,934

CHEESE 40# BLOCKS

1.6930 12,655,075

CHEESE BARRELS 38% MOISTURE

1.5199 13,233,129

DRY WHEY

.5568 4,935,336

NDM

1.1321 18,081,861

Further data and revisions may be found on the internet at: http://www.ams.usda.gov/rules-regulations/mmr/dmr

CME GROUP, INC FUTURES

Selected settling prices CLASS III MILK FUTURES (Pit-Traded) ($/cwt)

DATE 03/19 03/22 03/23 03/24 03/25 MAR 21 16.25 16.24 16.24 16.23 16.19 APR 21 17.02 16.82 16.71 16.62 16.80 MAY 21 17.78 17.56 17.48 17.20 17.32

CLASS IV MILK FUTURES (Pit-Traded) ($/cwt)

DATE 03/19 03/22 03/23 03/24 03/25 MAR 21 14.30 14.30 14.30 14.30 14.30 APR 21 14.76 14.76 14.77 14.86 15.02 MAY 21 15.13 15.06 15.14 15.22 15.31

CASH SETTLED BUTTER FUTURES (Electronic-Traded) (¢/lb)

DATE 03/19 03/22 03/23 03/24 03/25 MAR 21 162.95 163.25 163.50 163.45 161.50 APR 21 168.45 167.75 169.00 169.95 171.98 MAY 21 171.03 170.50 171.50 173.25 174.00

NONFAT DRY MILK FUTURES (Pit-Traded) (¢/lb) DATE 03/19 03/22 03/23 03/24 03/25 MAR 21 110.98 110.63 110.63 110.65 111.65 APR 21 113.80 113.50 114.40 114.40 115.13 MAY 21 116.00 115.53 116.75 116.70 117.53

WHEY (Electronic-Traded) (¢/lb)

DATE 03/19 03/22 03/23 03/24 03/25 MAR 21 54.93 54.93 54.93 55.00 55.00 APR 21 58.00 58.00 58.00 58.25 59.00 MAY 21 57.50 57.33 56.50 57.00 57.25

BLOCK CHEESE CSC (Electronic-Traded) ($/lb)

DATE 03/19 03/22 03/23 03/24 03/25 MAR 21 1.69 1.69 1.69 1.69 1.69 APR 21 1.79 1.79 1.78 1.77 1.78 MAY 21 1.83 1.83 1.79 1.78 1.78

Further information may be found at: http://www.cmegroup.com/market-data/daily-bulletin.html


ORGANIC DAIRY MARKET NEWS Information gathered March 15 - 26, 2021

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ORGANIC DAIRY FLUID OVERVIEW

An organic dairy cooperative is introducing a clean energy fund for farmers. The coop has partnered with a credit union for a $1 million fund for participating farmers to reduce energy costs and improve sustainability. The loans will support investments in improvements such as solar electric systems, energy-efficiency developments, and geothermal system advances. USDA announced it will be expanding the pandemic assistance avail-able to agricultural producers. The new initiative will dedicate at least $6 billion toward the new programs. Moreover, there will be a strong-er emphasis on outreach to a broader set of producers, including spe-cialty crop and organic producers. Additional USDA Pandemic Assistance for Producers information: www.farmers.gov Organic Milk Retail Prices for Selected U.S. Cities. March 2021 in-store surveys of supermarkets in selected U.S. cities show that aver-ages prices for organic whole milk in the half gallon container ranges from $3.00 in Indianapolis, IN to $5.84 in Pittsburg, PA. Surveyed cities that experienced noteworthy changes in average prices, from February 2021, include Denver, CO, and Oklahoma City, OK, where prices are down 10 cents; Kansas City, MO, decreased 30 cents. The Milwaukee, WI, half gallon, organic whole milk average price in-creased 35 cents, while Syracuse, NY and Portland, OR both grew 15 cents. Prices in 21 cities were unchanged from the previous month. The U.S. March 2021 simple average price was $4.07, down 2 cents from last month.

Data source: USDA Federal Milk Marketing Order

ORGANIC GRAIN FEEDSTUFF OVERVIEW

National Organic Grain and Feed Markets. Current demands are moderate in the organic feed grade corn market. There are reports organic feed grade corn traded 31 cents higher FOB this trading period. Forward contracting is good for Q2 and Q3 2021 deliveries. There is reportedly lighter contract demand for the new organic feed grade corn crop. Organic feed soybean trading activities are active. Organic feed soybeans traded $3.47 higher FOB. There is uncertainty in current availability for imported soybean meal. Some end users are receiving soybean meal offers in the 1200.00 to 1400.00/ton range. Trading activities and market trends are fairly unchanged on organic feed wheat, oats, barley and rye at this time.

ORGANIC DAIRY RETAIL OVERVIEW

Total organic ads for surveyed retail stores dropped 27 percent. Organic milk, in half gallon containers, increased 44 percent in ad numbers. Total organic milk advertisements are up 20 percent. In the Southeast, total milk ads increased 285 percent this week. The retail milk price spread between advertised prices for organic half gallon milk, $3.86, compared to $1.55 for conventional half gal-lons, led to an organic premium of $2.31. The organic premium increased $0.27 cents from the previous week. The national weighted average advertised price for organic 16-ounce cottage cheese is $3.66, compared to $2.37 for conventional 16-ounce cottage cheese, an organic premium of $1.29. Organic 16-ounce sour cream has an average price of $2.19. Conventional 16-ounce sour cream has an average price of $1.81, resulting in an organic premium of $0.38. The national weighted average adver-tised price for organic 32-ounce containers of yogurt is $3.50. Con-ventional yogurt in 32-ounce containers has a national weighted average advertised price of $2.28, yielding an organic premium of $1.22.

-CONTINUED ON PAGE 8A-


ORGANIC DAIRY MARKET NEWS Information gathered March 15 - 26, 2021

-CONTINUED FROM PAGE 8- Each advertised organic dairy product and ad percentages, from the most recent Dairy Market News retail survey, are shown in the pie chart below.

Data source: USDA Dairy Market News Advertising information presented is compiled from nearly 23,000 surveyed newspaper supermarket ads. Prices are valid from March 26 - April 1, 2021. Retail survey ads reflect “advertised specials” and not the range of non-advertised supermarket cooler prices. Product pricing information of selected organic dairy commodities, from the current weekly retail survey, is presented in the following table: NATIONAL RETAIL ORGANIC DAIRY WEIGHTED AVERAGE ADVERTISED PRICE This Last Last COMMODITY Week Week Year Butter n.a. $4.77 $5.70 Cheese 8 oz block n.a. n.a. $5.99 8 oz shred n.a. $3.40 $3.50 Cottage Cheese $3.66 $3.93 n.a. Cream Cheese n.a. $2.50 $2.50 Ice Cream n.a. $5.99 n.a. Milk Half Gal. $3.86 $3.15 $3.82 Gallon n.a. $5.72 $5.00 Sour Cream $2.19 $2.38 $2.34 Yogurt 32 oz. Greek n.a. $3.99 n.a. 4-6 oz. Yogurt $0.69 n.a. $1.00 32 oz. Yogurt $3.50 $3.42 $3.49 Data source: USDA Dairy Market News

-8A-


MONTHLY COLD STORAGE REPORT – TOTAL U.S. STOCKS NOTE: Data for this report is collected from public, private and semiprivate warehouses, apple houses, and meat packing plants where food products are generally stored for 30 days or more. Commodities in space owned or leased and operated by the armed services are not reported. Food stocks held under bond are included in the storage data. All stocks in thousand pounds except where otherwise indicated

U.S. H O L D I N G S O F D A I R Y P R O D U C T S

COMMODITY JAN 31,

2019 JAN 31,

2020 REVISED

JANUARY 31, 2020 FEB 28,

2019 FEB 29,

2020 FEB 28,

2021 Butter

211,168

247,376

331,912

243,511

301,820

352,669

Cheese, Natural American 803,578 779,672 809,105 783,210 778,265 815,999 Cheese, Swiss 29,353 22,902 21,344 31,047 24,089 22,698 Cheese, Other Natural 536,305 551,044 577,930 552,680 559,737 597,510 Total Cheese 1,369,236 1,353,618 1,408,379 1,366,937 1,362,091 1,436,207

F E B R U A R Y S T O R A G E H O L D I N G S B Y R E G I O N

REGION Natural American Cheese Butter * Other Natural Cheese

2019 2020 2021 2019 2020 2021 2019 2020 2021 New England Middle Atlantic East North Central West North Central South Atlantic East South Central West South Central Mountain Pacific

67,551 72,728 70,692 713 852 1,050 72,407 73,605 73,271 15,332 21,447 21,239

331,811 314,543 323,045 357,648 340,495 369,876 121,486 124,759 142,641 42,867 51,735 49,300

646 100 46 47,298 42,449 35,158 13,839 10,083 6,530 20,373 34,081 35,672

4,486 10,413 11,903 2,370 3,496 1,889 56,851 55,070 57,821 2,855 3,926 2,881

114,133 116,964 130,050 63,224 61,256 80,445 TOTAL 783,210 778,265 815,999 243,511 301,820 352,669 552,680 559,737 597,510

*Regional breakdowns are not reported to avoid possible disclosure of individual operations.

100

120

140

160

180

200

220

240

260

280

300

320

340

360

380

400

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

MILLION POUNDS Butter Cold Storage Holdings

2017 2018 2019 2020 2021DATA SOURCE, USDA, NASS; GRAPH, USDA, AMS, DMN

DAIRY MARKET NEWS, MARCH 22 – 26, 2021 -10- VOLUME 88 REPORT 12

Market Summary and Utilization Report, February 2021 Highlights. During February, 9.8 billion pounds of milk were received from Federally pooled producers. This volume of milk is 18.0 percent lower than the February 2020 volume. Regulated handlers pooled 3.4 billion pounds of producer milk as Class I products, up 1.9 percent when compared to the previous year. The all-market average Class utilization percentages were: Class I = 35%, Class II = 16%, Class III = 14%, and Class IV = 36%. The weighted average statistical uniform price was $15.12 per cwt, $0.15 lower than last month and $2.39 lower than last year.

Federal Milk Order Marketing Area 1

Order Number

Receipts of Producer Milk Utilization of Producer Milk

in Class I

Total Change from Prev. Year

Total Change from Prev. Year

(million lbs) (percent) (million lbs) (percent) Northeast (Boston) 001 2,101.5 -0.1 652.2 4.1 Appalachian (Charlotte) 005 425.8 3.0 306.8 5.4 Florida (Tampa) 006 196.1 -5.6 161.1 -4.9 Southeast (Atlanta) 007 355.1 2.7 253.4 1.1 Upper Midwest (Chicago) 030 898.4 -58.6 200.8 -1.9 Central (Kansas City) 032 873.8 -32.9 377.1 4.4 Mideast (Cleveland) 033 1,282.5 -22.0 532.4 5.1 California (Los Angeles) 051 1,836.8 1.4 389.6 1.0 Pacific Northwest (Seattle) 124 562.7 -10.3 129.5 2.5 Southwest (Dallas) 126 941.1 4.0 301.6 -6.2 Arizona (Phoenix) 131 318.7 -23.1 94.8 0.9 All Market Total or Average 2 9,792.4 -18.0 3,399.3 1.9

1 Each name in parentheses is the major city in the principal pricing point of the market. 2 Totals may not add due to rounding. Averages are the weighted average percent change.

Federal Milk Order Marketing Area 1

Order Number

Utilization of Producer Milk in All Classes 2 Uniform Price 4

Class I Class II Class III Class IV (percent) 2 ($ per cwt) Northeast (Boston) 001 31 25 25 19 15.80 Appalachian (Charlotte) 005 72 13 5 11 17.56 Florida (Tampa) 006 82 16 3 2 19.54 Southeast (Atlanta) 007 71 19 2 8 17.72 Upper Midwest (Chicago) 030 22 21 38 19 14.85 Central (Kansas City) 032 43 14 6 37 14.37 Mideast (Cleveland) 033 42 23 15 20 14.91 California (Los Angeles) 051 21 5 1 73 13.99 Pacific Northwest (Seattle) 124 23 7 27 43 14.43 Southwest (Dallas) 126 32 10 3 55 14.64 Arizona (Phoenix) 131 30 9 3 58 14.69 All Market Total or Average 4 35 16 14 36 15.12

1 Each name in parentheses is the major city in the principal pricing point of the market. 2 Totals may not add to 100 percent due to rounding. Averages are weighted averages. 3 Less than 1 percent. 4 Statistical uniform prices for component pricing orders (Class III price plus producer price differential). For other orders, uniform skim milk price times 0.965 plus uniform butterfat price times 3.5.


Mailbox Milk Prices for Selected Reporting Areas in Federal Milk Orders,

December 2020, With Comparisons In December 2020, mailbox milk prices for selected reporting areas in Federal milk orders averaged $17.34 per cwt, down $1.81 from the November 2020 average and down $2.57 per cwt from the December 2019 average. The component tests of producer milk in December 2020 were: butterfat, 4.09%; protein, 3.29%; and other solids, 5.76%.

Mailbox Milk Prices, December 2020

Reporting Area ¹

Mailbox Milk Price ²

Dec 2019

Nov 2020

Dec 2020

(dollars per hundredweight)

New England States 3 20.60

19.68

18.43

New York 19.58

18.76

17.49

Eastern Pennsylvania 4 19.78

18.79

17.49

Appalachian States 5 20.36

19.17

20.20

Southeast States 6 20.58

19.32

20.71

Southern Missouri 7 20.48

20.52

19.42

Florida 21.20

19.63

21.50

Western Pennsylvania 8 20.13

18.49

17.86

Ohio 20.20

18.33

18.60

Indiana 19.77

18.76

18.82

Michigan 18.56

17.45

16.91

Wisconsin 21.14

22.13

17.88

Minnesota 21.66

23.15

18.23

Iowa 20.45

21.20

17.93

Illinois 20.74

18.73

18.49

Corn Belt States 9 18.96

18.57

16.24

Western Texas 10 20.03

19.42

16.55

New Mexico 18.49

18.47

15.32

Northwest States 11 20.56

19.68

16.75

California 19.51

18.83

16.63

All Federal Order Areas 12 *19.91

19.15

17.34

1 Areas for which prices are reported for at least 75% of the milk marketed under Federal milk orders. 2 Net pay prices received by dairy farmers for milk. Prices reflect all payments received for milk sold and all costs associated with marketing the milk. Prices are weighted averages of the prices reported for all orders receiving milk from the reporting area and are reported at the average butterfat tests. 3 Includes Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont. 4 Includes all counties to the east of those listed in 8. 5 Includes Kentucky, North Carolina, South Carolina, Tennessee, and Virginia. 6 Includes Alabama, Arkansas, Georgia, Louisiana, and Mississippi. 7 Includes the counties Vernon, Cedar, Polk, Dallas, Laclede, Texas, Dent, Crawford, Washington, St. Francois, and Perry, and all those to the south of these. 8 Includes the counties of Warren, Elk, Clearfield, Indiana, Westmoreland, and Fayette, and all those counties to the west of these. 9 Includes Kansas, Nebraska, and the Missouri counties to the north of those listed in 7. 10 Includes all counties to the west of Fanin, Hunt, Van Zandt, Henderson, Houston, Cherokee, Nacogdoches, and Shelby. 11 Includes Oregon and Washington. 12 Weighted average of prices for all reporting areas.


March 2021 Highlights: U.S. simple average prices are: $3.59 per gallon for conventional whole milk, $3.55 per gallon for conventional reduced fat 2% milk, $4.07 per half gallon organic whole milk, and $4.07 per half gallon organic reduced fat 2% milk.

Retail Prices for Conventional Whole Milk,

Average of Three Outlets, Selected Cities, by Months, 2021 1

City and State Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg 2 (dollars per gallon) Atlanta, GA 3.52 3.61 3.24 3.46 Baltimore, MD 3.84 3.98 3.98 3.93 Boston, MA 3.51 3.53 3.53 3.52 Chicago, IL 4.16 4.16 4.16 4.16 Cincinnati, OH 2.70 2.87 2.90 2.82 Cleveland, OH 3.39 3.39 3.39 3.39 Dallas, TX 2.86 2.92 3.06 2.95 Denver, CO 3.52 3.52 3.52 3.52 Detroit, MI 3.02 2.87 2.87 2.92 Hartford, CT 3.92 3.86 3.86 3.88 Houston, TX 3.47 3.45 3.47 3.46 Indianapolis, IN 3.11 2.91 2.74 2.92 Kansas City, MO 4.64 4.66 4.66 4.65 Louisville, KY 2.96 2.97 2.93 2.95 Miami, FL 3.46 3.53 3.46 3.48 Milwaukee, WI 4.16 3.59 3.86 3.87 Minneapolis, MN 4.12 4.12 4.12 4.12 New Orleans, LA 3.94 3.88 3.91 3.91 New York, NY 4.02 4.01 4.01 4.01 Oklahoma City, OK 3.55 3.59 3.49 3.54 Philadelphia, PA 4.84 4.64 4.64 4.71 Phoenix, AZ 2.92 2.92 3.06 2.97 Pittsburgh, PA 4.25 4.26 4.21 4.24 Portland, OR 3.42 3.42 3.42 3.42 Sacramento, CA 3.75 3.68 3.68 3.70 Seattle, WA 3.59 3.46 3.59 3.55 St. Louis, MO 3.62 3.46 3.39 3.49 Syracuse, NY 3.55 3.55 3.55 3.55 Washington, DC 3.99 4.34 4.34 4.22 Wichita, KS 2.52 2.52 2.52 2.52 Simple Average 3.61 3.59 3.59 3.59

1 As collected by Federal milk order market administrators based on a survey conducted one day between the 1st and 10th of each month (excluding Fridays and weekends) in selected cities or metropolitan areas. One outlet of the largest and second largest food store chains and the largest convenience store chain are surveyed. The price represents the most common brand in nonreturnable containers. 2 Simple average of monthly prices.


Retail Prices for Conventional Reduced Fat (2%) Milk, Average of Three Outlets, Selected Cities, by Months, 2021 1

City and State Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg 2 (dollars per gallon) Atlanta, GA 3.52 3.61 3.24 3.46 Baltimore, MD 3.84 3.88 3.88 3.87 Boston, MA 3.50 3.51 3.51 3.51 Chicago, IL 4.06 4.06 4.06 4.06 Cincinnati, OH 2.70 2.87 2.90 2.82 Cleveland, OH 3.39 3.39 3.39 3.39 Dallas, TX 2.86 2.99 3.02 2.96 Denver, CO 3.52 3.52 3.52 3.52 Detroit, MI 3.02 2.87 2.87 2.92 Hartford, CT 3.92 3.86 3.86 3.88 Houston, TX 3.47 3.45 3.45 3.46 Indianapolis, IN 3.09 2.91 2.79 2.93 Kansas City, MO 4.46 4.49 4.49 4.48 Louisville, KY 2.96 2.99 2.89 2.95 Miami, FL 3.46 3.47 3.46 3.46 Milwaukee, WI 4.09 3.56 3.82 3.82 Minneapolis, MN 4.12 4.12 4.12 4.12 New Orleans, LA 3.94 3.88 3.91 3.91 New York, NY 4.00 3.99 3.99 3.99 Oklahoma City, OK 3.42 3.42 3.41 3.42 Philadelphia, PA 4.74 4.54 4.54 4.61 Phoenix, AZ 2.92 2.92 3.06 2.97 Pittsburgh, PA 4.08 4.15 4.12 4.12 Portland, OR 3.42 3.42 3.42 3.42 Sacramento, CA 3.61 3.55 3.55 3.57 Seattle, WA 3.49 3.46 3.56 3.50 St. Louis, MO 3.58 3.46 3.39 3.48 Syracuse, NY 3.35 3.35 3.35 3.35 Washington, DC 3.99 4.34 4.34 4.22 Wichita, KS 2.52 2.52 2.56 2.53 Simple Average 3.57 3.55 3.55 3.56 1 As collected by Federal milk order market administrators based on a survey conducted one day between the 1st and 10th of each month (excluding Fridays and weekends) in selected cities or metropolitan areas. One outlet of the largest and second largest food store chains and the largest convenience store chain are surveyed. The price represents the most common brand in nonreturnable containers. 2 Simple average of monthly prices.


Retail Prices for Organic Whole Milk, Average of Two Outlets, Selected Cities, by Months, 2021 1

City and State 2 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg 2 (dollars per half gallon) Atlanta, GA 4.14 3.13 3.32 3.53 Baltimore, MD 5.19 5.19 5.19 5.19 Boston, MA 3.74 3.74 3.74 3.74 Chicago, IL 4.49 4.49 4.49 4.49 Cincinnati, OH 3.15 3.29 3.29 3.24 Cleveland, OH 3.54 3.54 3.54 3.54 Dallas, TX 3.21 3.21 3.21 3.21 Denver, CO 3.49 3.59 3.49 3.52 Detroit, MI 3.29 3.29 3.29 3.29 Hartford, CT 4.08 4.08 4.08 4.08 Houston, TX 3.14 3.14 3.14 3.14 Indianapolis, IN 3.00 3.00 3.00 3.00 Kansas City, MO 5.03 5.03 4.73 4.93 Louisville, KY 3.15 3.15 3.15 3.15 Miami, FL 3.71 3.71 3.71 3.71 Milwaukee, WI 4.64 4.64 4.99 4.76 Minneapolis, MN 4.44 4.44 4.50 4.46 New Orleans, LA 4.99 4.39 4.39 4.59 New York, NY 3.64 3.64 3.64 3.64 Oklahoma City, OK 5.23 5.33 5.23 5.26 Philadelphia, PA 4.64 4.64 4.64 4.64 Phoenix, AZ 3.89 3.89 3.99 3.92 Pittsburgh, PA 5.84 5.84 5.84 5.84 Portland, OR 4.49 4.34 4.49 4.44 Sacramento, CA 3.99 3.99 3.99 3.99 Seattle, WA 3.29 3.29 3.29 3.29 St. Louis, MO 5.24 5.24 5.24 5.24 Syracuse, NY 3.89 3.89 4.04 3.94 Washington, DC 5.19 5.19 5.19 5.19 Wichita, KS 3.15 3.15 3.15 3.15 Simple Average 4.10 4.05 4.07 4.07

1 As collected by Federal milk order market administrators based on a survey conducted one day between the 1st and 10th of each month (excluding Fridays and weekends) in selected cities or metropolitan areas. One outlet of the largest and second largest food store chains are surveyed. The price represents the most common brand in nonreturnable containers. 2 Simple average of monthly prices.


Retail Prices for Organic Reduced Fat (2%) Milk, Average of Two Outlets, Selected Cities, by Months, 2021 1

City and State Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg 2 (dollars per half gallon) Atlanta, GA 4.14 3.27 3.32 3.58 Baltimore, MD 5.19 5.19 5.19 5.19 Boston, MA 3.71 3.71 3.71 3.71 Chicago, IL 4.49 4.49 4.59 4.52 Cincinnati, OH 3.15 3.29 3.29 3.24 Cleveland, OH 3.54 3.54 3.54 3.54 Dallas, TX 3.21 3.21 3.21 3.21 Denver, CO 3.49 3.59 3.49 3.52 Detroit, MI 3.29 3.29 3.29 3.29 Hartford, CT 4.08 4.08 4.08 4.08 Houston, TX 3.14 3.14 3.14 3.14 Indianapolis, IN 3.15 3.00 3.00 3.05 Kansas City, MO 5.03 5.03 4.73 4.93 Louisville, KY 3.15 3.15 3.15 3.15 Miami, FL 3.71 3.71 3.71 3.71 Milwaukee, WI 4.64 4.64 4.99 4.76 Minneapolis, MN 4.44 4.44 4.50 4.46 New Orleans, LA 4.99 4.39 4.39 4.59 New York, NY 3.64 3.64 3.64 3.64 Oklahoma City, OK 5.23 5.33 5.23 5.26 Philadelphia, PA 4.64 4.64 4.64 4.64 Phoenix, AZ 3.89 3.89 3.99 3.92 Pittsburgh, PA 5.84 5.84 5.84 5.84 Portland, OR 4.49 4.34 4.49 4.44 Sacramento, CA 3.99 3.99 3.99 3.99 Seattle, WA 3.29 3.29 3.29 3.29 St. Louis, MO 5.19 5.19 5.19 5.19 Syracuse, NY 3.89 3.89 4.04 3.94 Washington, DC 5.19 5.19 5.19 5.19 Wichita, KS 3.15 3.15 3.15 3.15 Simple Average 4.10 4.05 4.07 4.07

1 As collected by Federal milk order market administrators based on a survey conducted one day between the 1st and 10th of each month (excluding Fridays and weekends) in selected cities or metropolitan areas. One outlet of the largest and second largest food store chains are surveyed. The price represents the most common brand in nonreturnable containers. 2 Simple average of monthly prices.

DAIRY MARKET NEWS, MARCH 22 - 26, 2021 -G1- VOLUME 88, REPORT 12

700710720730740750760770780790800810820830840850

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

MILLION POUNDS

DATA SOURCE, USDA, NASS; GRAPH, USDA, AMS, DMN

U.S. Natural American Cheese Cold Storage Holdings

2017 2018 2019 2020 2021

430440450460470480490500510520530540550560570580590600610620630


MILLION POUNDS


U.S. Other Natural Cheese Cold Storage Holdings

2017 2018 2019 2020 2021

19

21

23

25

27

29

31

33

35


MILLION POUNDS


U.S. Swiss Cheese Storage Holdings

2017 2018 2019 2020 2021

1 -- Dairy Market News surveys nearly 150 retailers, comprising over 23,000 individual stores, with online weekly advertised features.

Dairy Market News Branch

AgriculturalMarketingService

National Retail Report-DairyWebsites: http://www.marketnews.usda.gov/mnp/da-home and http://www.ams.usda.gov/mnreports/dybretail.pdf

Volume 88- Number 12 Issued Weekly Friday, March 26, 2021

Advertised Prices for Dairy Products at Major Retail Supermarket Outlets ending during the period of 03/26/2021 to 04/01/2021

Total conventional dairy ads increased by 11 percent, while organic dairy ads decreased by 27 percent. The most advertised dairy item this week is conventional 48 to 64-ounce containers of ice cream. The national weighted average price is $2.81, down 14 cents from last week. The national weighted average advertised price for conventional 1-pound butter is $2.61, 17 cents lower than last week.

The second most advertised dairy item, conventional 8-ounce shred cheese, has a national weighted average price of $2.42, down 6 cents from last week. Conventional 8-ounce block cheese has a national weighted average price of $2.44, up 11 cents from last week. There were no organic cheese advertisements reported in the retail survey this week. Conventional cheese ads decreased 7 percent from the week before.

Conventional yogurt ads decreased by 15 percent, and organic milk ads decreased by 67 percent. The national weighted average advertised price for conventional Greek yogurt in 4 to 6-ounce containers is $0.98, up 5 cents from last week. Conventional yogurt in 4 to 6-ounce containers has a national weighted average advertised price of $0.49, unchanged from last week.

Conventional milk ads decreased by 65 percent, while organic milk ads increased by 20 percent. The national weighted average advertised price for conventional half gallon milk is $1.55, up 44 cents from last week. The national weighted average advertised price for organic half gallons is $3.86, up 71 cents from last week. The resulting organic milk price spread is $2.31. Organic half gallon milk was the most advertised organic dairy item.

Cheese Ice cream Yogurt Butter Cream cheese

Sto

res

with

Ads

0K

5K

10K

15K

20K

25K

30K

03/26/2021 03/19/2021 03/12/2021

Top 5 Commodities Featured This Week

National Retail Report - Dairy Vol 88 - No. 12Friday, March 26, 2021 - Page 2

Wtd Avg - Simple weighted average

Butter, 11%

Cheese, 27%

Cottage cheese, 4%

Cream cheese, 9%Flavored milk, 1%

Ice cream, 20%

Milk, 1%

Sour cream, 9%

Yogurt, 17%

Percentage of Total Conventional Ads by Commodity

Cottage cheese, 14%

Milk, 77%

Sour cream, 4%

Yogurt, 5%

Percentage of Total Organic Ads by Commodity



NATIONAL -- CONVENTIONAL DAIRY PRODUCTS

Commodity Type Pack Size

THIS PERIOD LAST WEEK LAST YEAR

StoresWith Ads

Wtd AvgPrice

StoresWith Ads

Wtd AvgPrice

StoresWith Ads

Wtd AvgPrice

Butter 1 # 8875 2.61 5958 2.78 4456 3.03

Cheese Natural Varieties 8 oz block 7496 2.44 5734 2.33 4609 2.44

Cheese Natural Varieties 1 # block 421 4.06 982 4.57 1504 4.75

Cheese Natural Varieties 2 # block 388 7.36 1461 6.32 1495 6.31

Cheese Natural Varieties 8 oz shred 13763 2.42 14782 2.48 7388 2.43

Cheese Natural Varieties 1 # shred 163 3.42 842 5.01 826 4.76

Cottage cheese 16 oz 2875 2.37 1288 2.11 4190 1.93

Cream cheese 8 oz 7071 1.87 4178 1.79 4180 2.09

Egg nog quart 62 2.99

Flavored milk All fat tests half gallon 576 3.09 752 2.40 926 2.45

Flavored milk All fat tests gallon 509 3.47

Ice cream 48-64oz 16428 2.81 14580 2.95 10028 3.08

Milk All fat tests half gallon 238 1.55 800 1.11 702 1.45

Milk All fat tests gallon 200 2.89 439 2.14 715 3.72

Sour cream 16 oz 6946 1.81 3098 1.75 6018 1.86

Yogurt Greek 4-6 oz 7722 .98 8097 .93 8382 .97

Yogurt Greek 32 oz 1376 4.34 1043 4.20 3713 3.60

Yogurt Yogurt 4-6 oz 3638 .49 5605 .49 2200 .52

Yogurt Yogurt 32 oz 819 2.28 1266 2.62 2545 2.56

REGIONAL -- CONVENTIONAL DAIRY PRODUCTS


NORTHEAST U.S. SOUTHEAST U.S. MIDWEST U.S.

Price Range

Stores with Ads

Wtd AvgPrice

Price Range

Stores with Ads

Wtd AvgPrice

Price Range

Stores with Ads

Wtd AvgPrice

Butter 1 # 1.50-3.99 2297 2.62 1.50-3.00 2064 2.76 1.77-3.00 1643 2.46

Cheese Natural Varieties 8 oz block 1.77-2.99 1665 2.36 1.50-3.00 3218 2.51 1.99-2.99 966 2.28

Cheese Natural Varieties 1 # block 3.00-3.99 247 3.55 4.29 53 4.29

Cheese Natural Varieties 2 # block 8.99 137 8.99

Cheese Natural Varieties 8 oz shred 1.98-3.50 3549 2.50 1.50-3.49 3293 2.48 1.99-3.49 2252 2.46

Cheese Natural Varieties 1 # shred 3.00 110 3.00 4.29 53 4.29

Cottage cheese 16 oz 1.99-2.99 1097 2.34 1.79-2.50 1411 2.31 2.50 69 2.50

Cream cheese 8 oz 1.49-2.00 1381 1.76 1.66-3.00 3242 2.03 1.25-2.69 1218 1.73

Flavored milk All fat tests half gallon 2.00-2.49 287 2.18

Ice cream 48-64oz 1.88-3.88 3857 2.72 1.88-4.99 3637 2.44 1.99-5.49 3784 2.90

Sour cream 16 oz 1.29-2.00 2632 1.83 1.29-2.33 1618 2.07 1.29-1.99 1061 1.68

Yogurt Greek 4-6 oz 0.79-1.00 2565 .97 0.80-1.00 3024 1.00 0.80-1.00 994 .96

Yogurt Greek 32 oz 3.99-4.99 322 4.31 3.50-4.99 315 3.98 4.99 180 4.99

Yogurt Yogurt 4-6 oz 0.50-0.60 997 .53 0.50-0.60 275 .52 0.33-0.50 1155 .47

Yogurt Yogurt 32 oz 1.97 167 1.97 2.50 61 2.50 2.50 69 2.50




SOUTH CENTRAL U.S. SOUTHWEST U.S. NORTHWEST U.S.

Price Range

Stores with Ads

Wtd AvgPrice

Price Range

Stores with Ads

Wtd AvgPrice

Price Range

Stores with Ads

Wtd AvgPrice

Butter 1 # 1.77-2.50 640 2.44 1.97-2.99 1470 2.41 1.77-3.98 689 3.06

Cheese Natural Varieties 8 oz block 1.66-2.99 778 2.25 2.99 120 2.99 1.67-2.99 749 2.61

Cheese Natural Varieties 1 # block 4.99 121 4.99

Cheese Natural Varieties 2 # block 6.99 121 6.99 5.98-5.99 130 5.99

Cheese Natural Varieties 8 oz shred 1.66-2.99 2142 2.14 1.98-2.99 1322 2.44 1.67-2.79 1153 2.41

Cottage cheese 16 oz 2.50 57 2.50 2.79 241 2.79

Cream cheese 8 oz 1.19-3.00 632 1.69 1.67-2.50 424 1.79 1.00-1.77 174 1.46

Egg nog quart 2.99 62 2.99

Flavored milk All fat tests half gallon 3.99 289 3.99

Ice cream 48-64oz 1.99-4.99 2297 3.03 1.99-3.99 2149 2.87 1.99-5.49 653 3.86

Milk All fat tests half gallon 2.00 133 2.00 0.99 105 .99

Milk All fat tests gallon 2.89 200 2.89

Sour cream 16 oz 1.49-2.00 190 1.79 1.29-1.79 1110 1.54 0.99-2.48 235 1.38

Yogurt Greek 4-6 oz 0.99-1.00 366 1.00 0.88-1.00 547 .96 0.99-1.00 226 .99

Yogurt Greek 32 oz 4.49-4.99 207 4.81 4.99 63 4.99 3.89 289 3.89

Yogurt Yogurt 4-6 oz 0.49-0.50 520 .49 0.29 246 .29 0.44-0.59 394 .55

Yogurt Yogurt 32 oz 1.79-2.50 175 2.01 1.99-2.99 347 2.48


ALASKA U.S. HAWAII U.S.

Price Range

Stores with Ads

Wtd AvgPrice

Price Range

Stores with Ads

Wtd AvgPrice

Butter 1 # 3.99 21 3.99 3.00-3.49 51 3.26

Cheese Natural Varieties 8 oz shred 3.99 28 3.99 2.50 24 2.50

Ice cream 48-64oz 3.49-4.25 51 3.85

Sour cream 16 oz 2.00-3.29 49 2.74 1.67-2.69 51 2.15

Yogurt Yogurt 4-6 oz 0.39-0.80 51 .58

NATIONAL -- ORGANIC DAIRY PRODUCTS


THIS PERIOD LAST WEEK LAST YEAR

StoresWith Ads

Wtd AvgPrice

StoresWith Ads

Wtd AvgPrice

StoresWith Ads

Wtd AvgPrice

Butter 1 # 214 4.77 282 5.70

Cheese Natural Varieties 8 oz block 106 5.99

Cheese Natural Varieties 8 oz shred 599 3.40 114 3.50

Cottage cheese 16 oz 468 3.66 335 3.93

Cream cheese 8 oz 214 2.50 121 2.50



Ice cream 48-64oz 189 5.99

Milk All fat tests half gallon 2646 3.86 1836 3.15 2090 3.82

Milk All fat tests gallon 375 5.72 105 5.00

Sour cream 16 oz 121 2.19 335 2.38 258 2.34

Yogurt Greek 32 oz 62 3.99

Yogurt Yogurt 4-6 oz 72 .69 108 1.00

Yogurt Yogurt 32 oz 108 3.50 489 3.42 416 3.49

REGIONAL -- ORGANIC DAIRY PRODUCTS


NORTHEAST U.S. SOUTHEAST U.S. MIDWEST U.S.

Price Range

Stores with Ads

Wtd AvgPrice

Price Range

Stores with Ads

Wtd AvgPrice

Price Range

Stores with Ads

Wtd AvgPrice

Cottage cheese 16 oz 4.29 214 4.29

Milk All fat tests half gallon 3.49-4.99 394 4.57 3.49-3.99 2085 3.75

Yogurt Yogurt 4-6 oz 0.69 72 .69

Yogurt Yogurt 32 oz 3.50 108 3.50


SOUTH CENTRAL U.S. SOUTHWEST U.S. NORTHWEST U.S.

Price Range

Stores with Ads

Wtd AvgPrice

Price Range

Stores with Ads

Wtd AvgPrice

Price Range

Stores with Ads

Wtd AvgPrice

Cottage cheese 16 oz 2.99-3.29 254 3.13

Milk All fat tests half gallon 3.49 167 3.49

Sour cream 16 oz 2.19 121 2.19


ALASKA U.S. HAWAII U.S.

Price Range

Stores with Ads

Wtd AvgPrice

Price Range

Stores with Ads

Wtd AvgPrice

REGIONAL DEFINITIONS

As used in this report, regions include the following states:

NORTHEAST U.S. Connecticut, Delaware, Massachusetts, Maryland, Maine, New Hampshire, New jersey, New York, Pennsylvania, Rhode Island and Vermont

SOUTHEAST U.S. Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, Virginia and West VirginiaMIDWEST U.S. Iowa, Illinois, Indiana, Kentucky, Michigan, Minnesota, North Dakota, Nebraska, Ohio, South Dakota and WisconsinSOUTH CENTRAL U.S. Arkansas, Colorado, Kansas, Louisiana, Missouri, New Mexico, Oklahoma, and TexasSOUTHWEST U.S. Arizona, California, Nevada and UtahNORTHWEST U.S. Idaho, Montana, Oregon, Washington, and WyomingALASKA AlaskaHAWAII HawaiiNATIONAL Continental United States

USDA is an equal opportunity provider and employer

Dairy Market News United States Department of Agriculture

Agricultural Marketing Service Dairy Programs Market Information Branch

Volume 88, Report 12 March 22 – 26, 2021

GENERAL NUMBER (608) 422-8587 Elizabeth Frederick (608) 422-8587 [email protected]

ORGANIC/ EAST Daniel Johnson (608) 422-8605 [email protected]

EAST/SOUTH AMERICA Jessica Mueller (608) 422-8589 [email protected]

CENTRAL Israel Weber (608) 422-8601 [email protected]

WEST Mike Bandli (608) 422-8592 [email protected]

EUROPE/OCEANIA Eric Graf (608) 422-8590 [email protected]

DEPUTY DIRECTOR, DAIRY MARKET NEWS

Janet Linder (608) 422-8588 [email protected] DIRECTOR, DAIRY MARKET NEWS

Butch Speth (608) 422-8586 [email protected]

RECORDED INFORMATION SYSTEM (608) 422-8602

FAX (608) 240-6689 ________________________ USDA, Dairy Market News 4600 American Parkway, STE 106 Madison, WI 53718-8334

Additional Dairy Market News Information: DMN Website: https://www.ams.usda.gov/market-news/dairy

DMN MARS (My Market News): https://mymarketnews.ams.usda.gov/

DAIRY MARKET NEWS VOLUME 88, REPORT 12

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