Announcement of Advanced Prices and Pricing Factors for March 2020
Release Date: February 20, 2020

Base Class I Price:                                     17.46 (per hundredweight)
Base Skim Milk Price for Class I:                       10.82 (per hundredweight)

Advanced Class III Skim Milk Pricing Factor:            10.47 (per hundredweight)
Advanced Class IV Skim Milk Pricing Factor:              9.68 (per hundredweight)
Advanced Butterfat Pricing Factor:                     2.0057 (per pound)

Class II Skim Milk Price:                               10.38 (per hundredweight)
Class II Nonfat Solids Price:                          1.1533 (per pound)

Two-week Product Price Averages:
     Butter                                            1.8277 (per pound)
     Nonfat Dry Milk                                   1.2541 (per pound)
     Cheese                                            1.8032 (per pound)
       40-Pound Blocks                                 1.9677 (per pound)
       500-Pound Barrels                               1.6084 (per pound)
     Dry Whey                                          0.3644 (per pound)

Special information for Appalachian and Southeast:
     Diesel Fuel Price                                  2.775 (per gallon)
     Mileage Rate Factor                              0.00449 (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