Milling & Baking News - July 28, 2009 - 37



 Dairy Products

June milk production in the 23 major
states was 14.7 billion lbs, down 0.1%
from June 2008, the U.S. Department of
Agriculture said in its latest Milk Production report. Although slight, the
decline was the first same-month, yearover-year decline in 2009, except for
February, which contained an additional
day in 2008 because of leap year.
Prices were mostly steady to firmer for dry dairy products, butter and
cheese. Milk supplies decreased slower
than normal because of prolonged cool
weather across much of the country.
Prices of dry whey, lactose and 34%
whey protein concentrate advanced 1c
a lb. Dry whey production was steady
to lighter, but inventories were building
in some areas while still tight in others.
Demand was good, but prices appeared
to be "toppy." Production of lactose and
34% Whey protein concentrate (W.P.C.)
was steady, but inventories were tight,
spot offers were limited and some contracted deliveries were delayed.
Production of nonfat dry milk was
mixed with milk available for drying

Buttermilk powder
f.o.b. plant, $ per lb

still ample in cooler areas but decreasing
in hotter areas. Spot sales were slow, and
prices were unchanged. Inventories were
mostly adequate with less than 1 million
lbs of excess material in the West region
sold to the U.S.D.A. at the 80c-a-lb support price, bringing total sales since Oct.
1, 2008, to about 276 million lbs.
Butter prices remained firm with
production easing in some regions but
holding strong in others. Demand was
fair to good. More cream was available
for churning as demand from ice cream
manufacturers had peaked seasonally.
Inventories continued to build for needs
later in the year when production falls.
Cheddar cheese prices at the C.M.E.
advanced during the past two weeks and
were holding well above U.S.D.A. support levels. Wholesale prices were mostly
steady, supplies and offers were adequate
to ample, and demand was only fair.
June 30 butter stocks were 266,298,000
lbs, up 5% from May and up 3% from June
2008, the U.S.D.A. said in its latest Cold
Storage report. Total natural cheese stocks
were 971,429,000 lbs on June 30, up 1%
from May and up 8% from a year ago. MBN

Cheddar barrels

Ingredient Week

Dry products
f.o.b. plant, $ per lb
July 24
Whey powder
.30 @ .35
Lactose
.19 @ .29
Whey protein concentrate,
(34% edible)
.61 @ .66
(80% edible)
2.25 @ 2.60
Whey protein isolate
(90% edible)
4.60 @ 5.10
Nonfat dry milk high-heat
Central/East
.90 @ 1.05
West
.87 @ 1.00
Nonfat dry milk medium-low heat
Central/East
.89 @ .95
West
.80 @ .87
Nonfat dry milk
C.M.E.
.84¼
Buttermilk powder .92 @ 1.02
Casein - acid
2.75 @ 2.90
Casein - rennet
2.75 @ 3.00
Caseinate
(f.o.b. ports)
2.90 @ 3.30

- Change from -
July 17 July 10
+1c
+2c
+1c
+1c

Year
ago
.23
.20

+1c
-

+2c
-

.65
2.65

-

-

4.50

-
-

-
-

1.45
1.43

-
-

-
-

1.45
1.41

-¼c
-
-
-

-¼c
-
+5c
-

1.41
1.20
5.50
5.70

-

-

5.75

Cheese
$ per lb, Central

- Change from -
July 17 July 10
+3c
+8c
+5½c
+11c
-
-
-
-¼c
+1c
+¾c

Year
ago
1.97
2.06¾
2.44½
2.50¾
2.40¾

July 24
1.26

- Change from -
July 17 July 10
+1c
+3 ¾c

Year
ago
1.54

July 24
C.M.E. class III milk
9.96
C.M.E. class IV milk
10.27

- Change from -
July 17 July 10
-4c
+8c
-
-1c

Year
ago
18.19
16.95

July 24
C.M.E. cheddar barrels 1.17
C.M.E. cheddar blocks 1.20
Cheddar (Blocks 40#) 2.06¼
Mozzarella
2.09½
American 5# loaf
1.54

Butter

$ per lb, C.M.E.

$ per lb, Central
C.M.E. 93AA

Fluid products
$ per lb, Central

Compiled from private sources, U.S. Department of Agriculture
and Chicago Mercantile Exchange.

TM

CDP FINE-MIX Custom Products
* Nonfat Dry Milk Replacers- Low, * Cream Cheese Powders
Medium & High Heat
* Anti-Caking/Anti-Mycotic
* Instant Nonfat Dry Milk
Agents
* Buttermilk- Sweet Cream and
* Infant & Nutritional Formulas
High Acid
* Bake-Rite Dough Developer
* Cultured Nonfat and Buttermilk
* Non-Dairy Creamers & Whipped
* Whole Milk Replacers
Topping Bases
* Cream Powders- 40-70% Fat
* Confectionery Blends
* Sour Cream Powders
* Yogurt Powders

* CDP Fine-Mix™ Custom
Formulations

CCLOFINE

Contact: Jennifer D. Ingram * 800-441-1001
P.O. Box 335, 1407 New Road, Linwood, NJ 08221
Email: jingram@cloﬁnedairy.com
DAIRY R POOR MODUM, INC.
www.cloﬁnedairy.com

bakingbusiness.com / world-grain.com

Milling & Baking News July 28, 2009 / 37
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Milling & Baking News - July 28, 2009

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