Announcement of Advanced Prices and Pricing Factors for November 2018
Release Date: October 17, 2018

Base Class I Price:                                     15.52 (per hundredweight)
Base Skim Milk Price for Class I:                        6.81 (per hundredweight)

Advanced Class III Skim Milk Pricing Factor:             6.81 (per hundredweight)
Advanced Class IV Skim Milk Pricing Factor:              6.26 (per hundredweight)
Advanced Butterfat Pricing Factor:                     2.5578 (per pound)

Class II Skim Milk Price:                                6.96 (per hundredweight)
Class II Nonfat Solids Price:                          0.7733 (per pound)

Two-week Product Price Averages:
     Butter                                            2.2836 (per pound)
     Nonfat Dry Milk                                   0.8707 (per pound)
     Cheese                                            1.5723 (per pound)
     Dry Whey                                          0.4379 (per pound)

Special information for Appalachian and Southeast:
     Diesel Fuel Price                                  3.163 (per gallon)
     Mileage Rate Factor                              0.00464 (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