Announcement of Class and Component Prices for August 2012 Release date: August 29, 2012 Class II Price: 15.64 (per hundredweight) Class II Butterfat Price: 1.8409 (per pound) Advanced Class II Skim Milk Price 1/: 9.53 (per hundredweight) Class III Price: 17.73 (per hundredweight) Class III Skim Milk Price: 11.72 (per hundredweight) Class IV Price: 15.76 (per hundredweight) Class IV Skim Milk Price: 9.68 (per hundredweight) Butterfat Price: 1.8339 (per pound) Nonfat Solids Price: 1.0756 (per pound) Protein Price: 3.1211 (per pound) Other Solids Price: 0.3462 (per pound) Somatic Cell Adjustment Rate: 0.00088 (per 1,000 somatic cell count) Product Price Averages: Butter 1.6859 (per pound) Nonfat Dry Milk 1.2543 (per pound) Cheese 1.7682 (per pound) Dry Whey 0.5352 (per pound) 1/ August 2012 Advanced Price Announcement