Announcement of Advanced Prices and Pricing Factors for January 2015
Release Date: December 17, 2014

Base Class I Price:                                     18.58 (per hundredweight)
Base Skim Milk Price for Class I:                       11.35 (per hundredweight)

Advanced Class III Skim Milk Pricing Factor:            11.35 (per hundredweight)
Advanced Class IV Skim Milk Pricing Factor:              9.93 (per hundredweight)
Advanced Butterfat Pricing Factor:                     2.1787 (per pound)

Class II Skim Milk Price:                               10.63 (per hundredweight)
Class II Nonfat Solids Price:                          1.1811 (per pound)

Two-week Product Price Averages:
     Butter                                            1.9706 (per pound)
     Nonfat Dry Milk                                   1.2826 (per pound)
     Cheese                                            1.8141 (per pound)
     Dry Whey                                          0.5847 (per pound)

Special information for Appalachian and Southeast:
     Diesel Fuel Price                                  3.418 (per gallon)
     Mileage Rate Factor                              0.00474 (per hundredweight per mile)


For more information about the Federal Milk Market Order Program please review:
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