Announcement of Advanced Prices and Pricing Factors for December 2012
Release Date: November 21, 2012

Base Class I Price:                                     21.39 (per hundredweight)
Base Skim Milk Price for Class I:                       14.63 (per hundredweight)

Advanced Class III Skim Milk Pricing Factor:            14.63 (per hundredweight)
Advanced Class IV Skim Milk Pricing Factor:             11.97 (per hundredweight)
Advanced Butterfat Pricing Factor:                     2.0763 (per pound)

Class II Skim Milk Price:                               12.67 (per hundredweight)
Class II Nonfat Solids Price:                          1.4078 (per pound)

Two-week Product Price Averages:
     Butter                                            1.8860 (per pound)
     Nonfat Dry Milk                                   1.5112 (per pound)
     Cheese                                            2.0717 (per pound)
     Dry Whey                                          0.6450 (per pound)

Special information for Appalachian and Southeast:
     Diesel Fuel Price                                  3.910 (per gallon)
     Mileage Rate Factor                              0.00492 (per hundredweight per mile)