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