Advanced Prices and Pricing Factors are published on or before the 23rd of each month. This report contains Class I Price, Class II Skim Milk Price, Class II Nonfat Solids Price, as well as milk product prices (two-week averages), the diesel fuel and mileage rate factor for the current month. These prices apply to all milk received during the following month. In addition, the Advanced Prices and Pricing Factors are calculated using the most recent two weeks of data from the latest National Dairy Products Sales Report (NDPSR).
This report contains pricing information on the international dairy market for a number of products including milk powders, butter, cheese, and whey powder. Trade regions represented in the report are Western Europe, Oceania, and South America.
This weekly report contains pricing information for dry dairy products. Market regions represented in the report are the eastern, central, and western U.S. as well as the cumulative U.S.. Pricing information is not available for every region under every product.
Federal statute (7 USC 1637b) requires USDA to collect and release dairy product sales information for butter, cheddar cheese, dry whey, and nonfat dry milk, no later than 3 p.m. ET on Wednesday of each week (unless affected by a Federal Holiday). The regulations for the Dairy Product Mandatory Reporting Program (DPMRP) can be found in 7 CFR 1170. The data in the National Dairy Products Sales Report (NDPSR) are also used in the price calculations for the Federal Milk Marketing Orders (7 CFR 1000.53). Entities producing and selling one million pounds or more of these products per year are required to report their weekly sales information to AMS as part of the DPMRP. This data is then reviewed, analyzed, and used to compute prices that are published in the National Dairy Products Sales Report (NDPSR). The market-determined prices, published in the NDPSR, are used in the formulas to calculate raw milk prices paid by handlers based on the end-use or “classification” of milk.