Announcement of Class and Component Prices for June 2012
Release date: July 05, 2012

Class II Price:                             14.32   (per hundredweight)

Class II Butterfat Price:                  1.4936   (per pound)
Advanced Class II
Skim Milk Price 1/:                          9.42   (per hundredweight)
Class III Price:                            15.63   (per hundredweight)

Class III Skim Milk Price:                  10.81   (per hundredweight)
Class IV Price:                             13.24   (per hundredweight)

Class IV Skim Milk Price:                    8.33   (per hundredweight)
Butterfat Price:                           1.4866   (per pound)

Nonfat Solids Price:                       0.9252   (per pound)
Protein Price:                             2.8952   (per pound)
Other Solids Price:                        0.3113   (per pound)

Somatic Cell Adjustment Rate:             0.00079   (per 1,000 somatic cell count)
Product Price Averages:
     Butter                                1.3991   (per pound)
     Nonfat Dry Milk                       1.1023   (per pound)
     Cheese                                1.5846   (per pound)
     Dry Whey                              0.5013   (per pound)


1/ June 2012 Advanced Price Announcement