Announcement of Advanced Prices and Pricing Factors for February 2020 Release Date: January 23, 2020 Base Class I Price: 17.55 (per hundredweight) Base Skim Milk Price for Class I: 10.46 (per hundredweight) Advanced Class III Skim Milk Pricing Factor: 9.90 (per hundredweight) Advanced Class IV Skim Milk Pricing Factor: 9.54 (per hundredweight) Advanced Butterfat Pricing Factor: 2.1309 (per pound) Class II Skim Milk Price: 10.24 (per hundredweight) Class II Nonfat Solids Price: 1.1378 (per pound) Two-week Product Price Averages: Butter 1.9311 (per pound) Nonfat Dry Milk 1.2388 (per pound) Cheese 1.8081 (per pound) 40-Pound Blocks 1.8823 (per pound) 500-Pound Barrels 1.6994 (per pound) Dry Whey 0.3295 (per pound) Special information for Appalachian and Southeast: Diesel Fuel Price 2.894 (per gallon) Mileage Rate Factor 0.00453 (per hundredweight per mile) For more information about the Federal Milk Market Order Program please review: http://www.ams.usda.gov/rules-regulations/mmr/dmr For more information on AMS/Dairy Program reports, call the Dairy Program at: (202) 720-4392, 7:30 a.m. to 4:00 p.m. ET, or e-mail: dpp@usda.gov. To receive e-mail notification for AMS Dairy Program publications, visit Cornell University's Library and follow the instructions: https://usda.library.cornell.edu/?locale=en