Announcement of Advanced Prices and Pricing Factors for December 2016
Release Date: November 23, 2016

Base Class I Price:                                     16.88 (per hundredweight)
Base Skim Milk Price for Class I:                        9.84 (per hundredweight)

Advanced Class III Skim Milk Pricing Factor:             9.84 (per hundredweight)
Advanced Class IV Skim Milk Pricing Factor:              6.62 (per hundredweight)
Advanced Butterfat Pricing Factor:                     2.1104 (per pound)

Class II Skim Milk Price:                                7.32 (per hundredweight)
Class II Nonfat Solids Price:                          0.8133 (per pound)

Two-week Product Price Averages:
     Butter                                            1.9142 (per pound)
     Nonfat Dry Milk                                   0.9105 (per pound)
     Cheese                                            1.7706 (per pound)
     Dry Whey                                          0.3706 (per pound)

Special information for Appalachian and Southeast:
     Diesel Fuel Price                                  2.349 (per gallon)
     Mileage Rate Factor                              0.00433 (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 Programs reports,
call the Dairy Programs at: (202) 720-4392,
7:30 a.m. to 4:00 p.m. ET,
or e-mail: dpp@ams.usda.gov.

To receive e-mail notification for AMS Dairy Programs publications,
visit Cornell University's Mann Library and follow the instructions:
http://usda.mannlib.cornell.edu/MannUsda/aboutEmailService.do