Announcement of Class and Component Prices for December 2014 Release date: December 31, 2014 Class II Price: 19.09 (per hundredweight) Class II Butterfat Price: 2.1061 (per pound) Advanced Class II Skim Milk Price 1/: 12.14 (per hundredweight) Class III Price: 17.82 (per hundredweight) Class III Skim Milk Price: 10.85 (per hundredweight) Class IV Price: 16.70 (per hundredweight) Class IV Skim Milk Price: 9.69 (per hundredweight) Butterfat Price: 2.0991 (per pound) Nonfat Solids Price: 1.0767 (per pound) Protein Price: 2.7387 (per pound) Other Solids Price: 0.3996 (per pound) Somatic Cell Adjustment Rate: 0.00087 (per 1,000 somatic cell count) Product Price Averages: Butter 1.9049 (per pound) Nonfat Dry Milk 1.2554 (per pound) Cheese 1.7362 (per pound) Dry Whey 0.5871 (per pound) 1/ December 2014 Advanced Price Announcement For more information about the Federal Milk Market Order Program please review: http://www.ams.usda.gov/AMSv1.0/DairyLandingPage 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