Announcement of Class and Component Prices for October 2012
Release date: October 31, 2012

Class II Price:                             18.44   (per hundredweight)

Class II Butterfat Price:                  2.1206   (per pound)
Advanced Class II
Skim Milk Price 1/:                         11.42   (per hundredweight)
Class III Price:                            21.02   (per hundredweight)

Class III Skim Milk Price:                  14.12   (per hundredweight)
Class IV Price:                             18.54   (per hundredweight)

Class IV Skim Milk Price:                   11.55   (per hundredweight)
Butterfat Price:                           2.1136   (per pound)

Nonfat Solids Price:                       1.2828   (per pound)
Protein Price:                             3.7278   (per pound)
Other Solids Price:                        0.4340   (per pound)

Somatic Cell Adjustment Rate:             0.00102   (per 1,000 somatic cell count)
Product Price Averages:
     Butter                                1.9168   (per pound)
     Nonfat Dry Milk                       1.4636   (per pound)
     Cheese                                2.0479   (per pound)
     Dry Whey                              0.6205   (per pound)


1/ October 2012 Advanced Price Announcement