Announcement of Advanced Prices and Pricing Factors for May 2016
Release Date: April 20, 2016

Base Class I Price:                                     13.70 (per hundredweight)
Base Skim Milk Price for Class I:                        6.12 (per hundredweight)

Advanced Class III Skim Milk Pricing Factor:             6.12 (per hundredweight)
Advanced Class IV Skim Milk Pricing Factor:              5.01 (per hundredweight)
Advanced Butterfat Pricing Factor:                     2.2255 (per pound)

Class II Skim Milk Price:                                5.71 (per hundredweight)
Class II Nonfat Solids Price:                          0.6344 (per pound)

Two-week Product Price Averages:
     Butter                                            2.0092 (per pound)
     Nonfat Dry Milk                                   0.7298 (per pound)
     Cheese                                            1.5119 (per pound)
     Dry Whey                                          0.2465 (per pound)

Special information for Appalachian and Southeast:
     Diesel Fuel Price                                  2.050 (per gallon)
     Mileage Rate Factor                              0.00422 (per hundredweight per mile)


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