Announcement of Class and Component Prices for July 2016 Release date: August 03, 2016 Class II Price: 15.16 (per hundredweight) Class II Butterfat Price: 2.6034 (per pound) Advanced Class II Skim Milk Price 1/: 6.27 (per hundredweight) Class III Price: 15.24 (per hundredweight) Class III Skim Milk Price: 6.38 (per hundredweight) Class IV Price: 14.84 (per hundredweight) Class IV Skim Milk Price: 5.96 (per hundredweight) Butterfat Price: 2.5964 (per pound) Nonfat Solids Price: 0.6618 (per pound) Protein Price: 1.9112 (per pound) Other Solids Price: 0.0774 (per pound) Somatic Cell Adjustment Rate: 0.00082 (per 1,000 somatic cell count) Product Price Averages: Butter 2.3155 (per pound) Nonfat Dry Milk 0.8363 (per pound) Cheese 1.6419 (per pound) Dry Whey 0.2742 (per pound) 1/ July 2016 Advanced Price Announcement 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