Announcement of Class and Component Prices for August 2016 Release date: August 31, 2016 Class II Price: 15.21 (per hundredweight) Class II Butterfat Price: 2.4943 (per pound) Advanced Class II Skim Milk Price 1/: 6.71 (per hundredweight) Class III Price: 16.91 (per hundredweight) Class III Skim Milk Price: 8.50 (per hundredweight) Class IV Price: 14.65 (per hundredweight) Class IV Skim Milk Price: 6.16 (per hundredweight) Butterfat Price: 2.4873 (per pound) Nonfat Solids Price: 0.6841 (per pound) Protein Price: 2.5738 (per pound) Other Solids Price: 0.0881 (per pound) Somatic Cell Adjustment Rate: 0.00091 (per 1,000 somatic cell count) Product Price Averages: Butter 2.2254 (per pound) Nonfat Dry Milk 0.8588 (per pound) Cheese 1.8119 (per pound) Dry Whey 0.2846 (per pound) 1/ August 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