Calculation of Class II Skim Milk Price

These Class Prices are based on Advanced Pricing factors released in the month preceding the month in question. In the following example, the Class prices for Oct 2009 are calculated using the advanced values, released on Sep 18, 2009

Advanced Class III Skim Milk Pricing Factor

=(Advanced Class IV Skim Milk Price + $0.70)

= 7.01 + 0.70

= 7.71