Announcement of Advanced Prices and Pricing Factors for August 2012
Release Date: July 18, 2012

Base Class I Price:                                     16.55 (per hundredweight)
Base Skim Milk Price for Class I:                       11.21 (per hundredweight)

Advanced Class III Skim Milk Pricing Factor:            11.21 (per hundredweight)
Advanced Class IV Skim Milk Pricing Factor:              8.83 (per hundredweight)
Advanced Butterfat Pricing Factor:                     1.6386 (per pound)

Class II Skim Milk Price:                                9.53 (per hundredweight)
Class II Nonfat Solids Price:                          1.0589 (per pound)

Two-week Product Price Averages:
     Butter                                            1.5246 (per pound)
     Nonfat Dry Milk                                   1.1588 (per pound)
     Cheese                                            1.6781 (per pound)
     Dry Whey                                          0.4944 (per pound)

Special information for Appalachian and Southeast:
     Diesel Fuel Price                                  3.614 (per gallon)
     Mileage Rate Factor                              0.00481 (per hundredweight per mile)


For more information about the Federal Milk Market Order Program please review:
www.ams.usda.gov/AMSv1.0/DairyLandingPage