Announcement of Class and Component Prices for March 2016
Release date: March 30, 2016

Class II Price:                             13.57   (per hundredweight)

Class II Butterfat Price:                  2.2098   (per pound)
Advanced Class II
Skim Milk Price 1/:                          6.05   (per hundredweight)
Class III Price:                            13.74   (per hundredweight)

Class III Skim Milk Price:                   6.25   (per hundredweight)
Class IV Price:                             12.74   (per hundredweight)

Class IV Skim Milk Price:                    5.21   (per hundredweight)
Butterfat Price:                           2.2028   (per pound)

Nonfat Solids Price:                       0.5786   (per pound)
Protein Price:                             1.9206   (per pound)
Other Solids Price:                        0.0501   (per pound)

Somatic Cell Adjustment Rate:             0.00076   (per 1,000 somatic cell count)
Product Price Averages:
     Butter                                1.9905   (per pound)
     Nonfat Dry Milk                       0.7522   (per pound)
     Cheese                                1.5162   (per pound)
     Dry Whey                              0.2477   (per pound)


1/ March 2016 Advanced Price Announcement

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