For milk associated with Federal Milk Marketing orders, product-price formulas are used to set minimum prices as reported in this Announcement of Class and Component Prices publication each month. Weighted-average product prices used for these formulas are computed from prices and volumes reported for the most recent four- or five-week period in the National Dairy Products Sales Report.
The Class and Component Prices are released generally at 3:00 P.M. EST/ESDT no later than the 5th of the following month. If the release date does not fall on the 5th the most current release precediing the 5th will be used in the price calculation. Once monthly average prices have been computed, they are not revised. For more information on product price formulas and a schedule of release dates. please visit http://www.ams.usda.gov/rules-regulations/mmr/dmr.
Publication Coverage: Dec 31, 0002 to Jun 02, 2016
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