This report is a daily grain report containing bids and/or trades of grain commodities. Grain commodities are classed and graded based on official USDA standards or guidelines for coarse grains, oilseeds, and/or pulses. Price information is released by USDA’s Livestock, Poultry, and Grain Market News Division under the Voluntary Price Reporting authority of USDA’s Agriculture Marketing Service. This report contains price spreads and simple averages for individual grain commodities and may include a basis calculated from the current day or prior day close of a publicly traded futures price. The commodity exchanges used in calculating the basis are identified as either the Chicago Board of Trade, Minneapolis Grain Exchange, or Kansas City Board of Trade.

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).

Effective May 7, 2020 text files are no longer published for the Announcement of Advanced Prices and Pricing Factors. Data are available through the LMR API and PDF.

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 price, 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).

The Class and Component Prices are calculated using the most recent four or five weeks (since the last monthly Announcement of Class and Component Prices) from the latest National Dairy Products Sales Report (NDPSR). These prices are published on or before the 5th of each month. This report contains prices per pound or hundredweight for Federal milk marketing order components for Class II, III, and IV dairy products and applies to all milk received during the previous month. 

Effective May 7, 2020 text files are no longer published for the Announcement of Class and Component Prices. Data are available through the LMR API and PDF.

The Class and Component Prices are calculated using the most recent four or five weeks (since the last monthly Announcement of Class and Component Prices) from the latest National Dairy Products Sales Report (NDPSR). These prices are published on or before the 5th of each month. This report contains prices per pound or hundredweight for Federal milk marketing order components for Class II, III, and IV dairy products and applies to all milk received during the previous month. 

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).

Effective May 7, 2020 text files are no longer published for the National Dairy Products Sales Report (NDPSR). Data are available through the LMR API and PDF.

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).