Announcement of Advanced Prices and Pricing Factors for August 2018 Release Date: July 18, 2018 Base Class I Price: 14.15 (per hundredweight) Base Skim Milk Price for Class I: 5.46 (per hundredweight) Advanced Class III Skim Milk Pricing Factor: 5.39 (per hundredweight) Advanced Class IV Skim Milk Pricing Factor: 5.46 (per hundredweight) Advanced Butterfat Pricing Factor: 2.5363 (per pound) Class II Skim Milk Price: 6.16 (per hundredweight) Class II Nonfat Solids Price: 0.6844 (per pound) Two-week Product Price Averages: Butter 2.2659 (per pound) Nonfat Dry Milk 0.7806 (per pound) Cheese 1.4849 (per pound) Dry Whey 0.3361 (per pound) Special information for Appalachian and Southeast: Diesel Fuel Price 3.050 (per gallon) Mileage Rate Factor 0.00460 (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