Description: Class I Prices for each order are calculated by adding the appropriate class I differential (determined by each order's physical county base location) to the monthly Base Class I Price using data from the Advanced Prices and Pricing Factors report. Class II, III and IV Prices utilize data from the Announcement of Class and Component Prices report. Once monthly average prices have been computed, they are not revised.
Report Synopsis: For milk associated with Federal Milk Marketi...