FO 7 Component Pricing Impact Estimate

Estimated Component Levels in Producer Milk Based on Payroll Data

Producer Price Differential

Bfat Protein  Other 

Solids SCC Difference per cwt Value per cwt

Jan‐08 3.78 3.138 5.711 303 $1,156,189.17 $0.18 $16,528,628.72 $2.57

Feb‐08 3.75 3.119 5.682 313 $814,099.68 $0.13 $20,627,616.68 $3.40

Mar‐08 3.71 3.088 5.669 317 $574,265.00 $0.09 $2,427,248.14 $0.40

Apr‐08 3.62 3.062 5.687 311 $455,290.59 $0.07 $17,997,020.54 $2.96

May‐08 3.58 3.043 5.690 308 $364,478.43 $0.06 $7,258,377.82 $1.22

Jun‐08 3.55 2.977 5.689 324 $2,977.12 $0.00 $2,872,286.28 $0.58

Jul‐08 3.55 2.984 5.642 368 ‐$113,369.55 ‐$0.02 $24,032,105.34 $4.45

Aug‐08 3.57 2.999 5.683 357 $10,865.86 $0.00 $21,584,244.60 $3.90

Sep‐08 3.63 3.063 5.690 337 $235,574.35 $0.04 $22,126,806.11 $4.12

Oct‐08 3.71 3.123 5.693 311 $494,115.43 $0.09 $8,139,072.30 $1.44

Nov‐08 3.78 3.156 5.716 296 $621,389.04 $0.11 $18,040,088.29 $3.22

Dec‐08 3.80 3.145 5.743 306 $718,447.25 $0.12 $6,773,175.29 $1.12

Jan‐09 3.74 3.103 5.715 302 $386,494.69 $0.06 $34,110,967.50 $5.62

Feb‐09 3.69 3.078 5.667 305 $254,434.90 $0.05 $20,512,398.19 $3.76

Mar‐09 3.63 3.047 5.648 287 $301,504.85 $0.04 $12,975,728.09 $1.91

Apr‐09 3.61 3.057 5.665 300 $301,012.64 $0.05 $14,382,943.77 $2.23

May‐09 3.55 3.013 5.666 307 $128,468.54 $0.02 $21,998,449.83 $3.32

Jun‐09 3.55 2.968 5.658 326 ‐$51,484.27 ‐$0.01 $17,313,586.70 $2.86

Jul‐09 3.53 2.987 5.650 372 ‐$57,617.29 ‐$0.01 $17,715,322.69 $3.10

Aug‐09 3.57 3.017 5.665 359 $23,856.79 $0.00 $11,662,314.34 $2.05

Sep‐09 3.65 3.109 5.676 333 $265,785.64 $0.05 $9,501,027.10 $1.75

Oct‐09 3.76 3.182 5.705 300 $516,451.74 $0.09 $12,730,502.01 $2.25

Nov‐09 3.78 3.163 5.697 297 $574,892.99 $0.10 $9,843,065.80 $1.75

Dec‐09 3.80 3.170 5.693 292 $854,033.28 $0.14 $10,972,797.95 $1.78

Jan‐10 3.80 3.134 5.691 316 $569,774.50 $0.10 $16,409,133.95 $2.75

Feb‐10 3.78 3.129 5.686 337 $457,452.78 $0.08 $16,272,347.60 $2.98

Mar‐10 3.67 3.100 5.700 315 $492,190.25 $0.08 $24,523,475.89 $3.83

Apr‐10 3.55 3.066 5.704 296 $407,777.63 $0.06 $19,056,583.45 $2.97

May‐10 3.54 3.027 5.699 287 $274,295.04 $0.04 $19,505,511.86 $3.13

Jun‐10 3.50 2.957 5.678 331 ‐$115,289.44 ‐$0.02 $22,967,802.80 $4.06

Jul‐10 3.51 2.966 5.673 354 ‐$98,937.59 ‐$0.02 $25,795,241.00 $4.67

Aug‐10 3.52 2.987 5.665 370 ‐$56,007.36 ‐$0.01 $21,157,689.01 $3.87

Sep‐10 3.62 3.081 5.667 333 $233,872.61 $0.04 $15,428,432.90 $2.91

Oct‐10 3.74 3.184 5.677 308 $602,150.16 $0.11 $13,687,124.73 $2.46

Nov‐10 3.84 3.216 5.699 273 $789,989.87 $0.14 $21,506,647.43 $3.75

Dec‐10 3.89 3.214 5.715 261 $1,050,683.66 $0.17 $26,113,331.64 $4.15

Jan‐11 3.87 3.172 5.728 273 $812,569.21 $0.13 $26,471,985.23 $4.21

Feb‐11 3.82 3.128 5.702 295 $717,131.10 $0.13 $12,604,488.69 $2.24

Mar‐11 3.74 3.099 5.720 276 $959,532.32 $0.14 $10,323,232.78 $1.56

Apr‐11 3.68 3.090 5.724 252 $893,630.37 $0.14 $27,652,314.93 $4.25

May‐11 3.66 3.072 5.716 258 $657,125.55 $0.11 $30,714,592.88 $4.94

Impact
FO 7 Component Pricing Impact Estimate

Estimated Component Levels in Producer Milk Based on Payroll Data

Producer Price Differential

Bfat Protein  Other 

Solids SCC Difference per cwt Value per cwt

Impact

Jun‐11 3.58 2.995 5.713 288 $199,046.27 $0.04 $21,311,507.90 $3.75

Jul‐11 3.56 2.973 5.677 309 ‐$10,248.07 $0.00 $12,569,632.69 $2.31

Aug‐11 3.56 3.023 5.670 318 $138,410.20 $0.02 $15,207,848.25 $2.71

Sep‐11 3.66 3.141 5.674 306 $625,392.90 $0.11 $25,171,768.27 $4.61

Oct‐11 3.76 3.213 5.691 277 $1,145,640.01 $0.20 $18,575,957.94 $3.24

Nov‐11 3.80 3.220 5.696 253 $979,963.96 $0.18 $10,203,720.52 $1.85

Dec‐11 3.82 3.207 5.712 265 $1,162,261.46 $0.20 $9,114,184.18 $1.55

Jan‐12 3.78 3.153 5.709 266 $884,388.15 $0.15 $21,770,127.29 $3.61

Feb‐12 3.75 3.124 5.726 263 $785,756.74 $0.14 $16,959,485.06 $2.99

Mar‐12 3.69 3.085 5.739 250 $843,643.73 $0.13 $17,992,391.39 $2.70

Apr‐12 3.63 3.060 5.716 250 $656,422.51 $0.10 $15,070,985.01 $2.34

May‐12 3.59 3.005 5.626 247 $158,023.35 $0.03 $16,672,718.99 $2.77

Jun‐12 3.55 3.031 5.652 262 $240,823.75 $0.04 $11,413,353.74 $2.07

Jul‐12 3.55 3.008 5.622 267 $80,274.23 $0.02 $9,423,590.25 $1.87

Aug‐12 3.57 3.047 5.644 289 $161,181.76 $0.03 $10,745,742.18 $2.02

Sep‐12 3.67 3.123 5.658 261 $525,107.56 $0.10 $7,389,321.89 $1.44

Oct‐12 3.78 3.202 5.685 226 $793,821.69 $0.15 $2,674,559.51 $0.51

Nov‐12 3.85 3.211 5.726 219 $962,656.69 $0.19 $9,422,286.76 $1.83

Dec‐12 3.81 3.150 5.703 231 $1,110,567.95 $0.19 $20,649,893.68 $3.61

Jan‐13 3.82 3.049 5.558 231 $240,889.75 $0.04 $18,193,117.93 $3.14

Feb‐13 3.80 3.072 5.673 231 $496,928.93 $0.10 $17,807,530.19 $3.45

Mar‐13 3.81 3.071 5.673 228 $523,707.38 $0.09 $19,266,284.27 $3.49

Apr‐13 3.73 3.066 5.687 225 $534,540.08 $0.10 $16,081,841.12 $2.92

May‐13 3.66 3.036 5.717 221 $480,722.79 $0.09 $11,369,996.61 $2.16

Jun‐13 3.60 2.977 5.697 247 $187,435.86 $0.04 $17,125,986.86 $3.27

Jul‐13 3.59 2.979 5.677 275 $45,932.66 $0.01 $19,942,768.96 $4.18

Aug‐13 3.60 3.022 5.659 282 $147,787.27 $0.03 $18,665,028.93 $3.75

Sep‐13 3.61 3.082 5.627 293 $300,739.72 $0.06 $17,406,918.29 $3.65

Oct‐13 3.69 3.166 5.622 270 $591,065.35 $0.12 $18,945,318.94 $3.80

Nov‐13 3.78 3.217 5.641 266 $510,011.30 $0.12 $16,420,239.96 $3.71

Dec‐13 3.79 3.175 5.630 227 $644,116.07 $0.13 $20,050,840.13 $4.12

Jan‐14 3.79 3.101 5.634 238 $350,150.37 $0.07 $14,439,794.22 $3.09

Feb‐14 3.76 3.098 5.699 251 $494,995.71 $0.12 $8,157,400.89 $1.90

Mar‐14 3.68 3.094 5.701 254 $690,388.02 $0.14 $13,637,171.75 $2.77

Apr‐14 3.59 3.070 5.711 241 $639,404.65 $0.13 $10,016,146.68 $2.02

May‐14 3.55 3.045 5.709 241 $503,607.35 $0.10 $19,984,336.44 $4.00

Jun‐14 3.51 2.979 5.685 256 $72,194.18 $0.02 $19,144,832.46 $4.48

Jul‐14 3.54 2.976 5.668 290 $1,815.59 $0.00 $19,106,768.72 $4.82

Aug‐14 3.59 3.009 5.670 301 $54,063.56 $0.01 $20,767,855.13 $5.06

Sep‐14 3.66 3.092 5.668 312 $146,522.52 $0.04 $11,312,460.64 $2.86

Oct‐14 3.75 3.179 5.672 285 $304,224.52 $0.07 $9,166,410.26 $2.22
FO 7 Component Pricing Impact Estimate

Estimated Component Levels in Producer Milk Based on Payroll Data

Producer Price Differential

Bfat Protein  Other 

Solids SCC Difference per cwt Value per cwt

Impact

Nov‐14 3.84 3.212 5.690 264 $528,567.96 $0.12 $9,206,347.01 $2.17

Dec‐14 3.80 3.180 5.704 258 $385,624.94 $0.09 $27,477,157.30 $6.30

Jan‐15 3.78 3.121 5.707 284 $259,093.92 $0.06 $17,982,497.19 $3.89

Feb‐15 3.77 3.122 5.728 273 $243,247.69 $0.06 $14,054,679.39 $3.39

Mar‐15 3.71 3.079 5.716 283 $267,210.28 $0.06 $11,837,484.98 $2.50

Apr‐15 3.60 3.044 5.724 267 $224,458.89 $0.05 $10,940,999.06 $2.36

May‐15 3.59 3.030 5.727 258 $222,094.59 $0.05 $10,184,030.59 $2.25

Jun‐15 3.57 2.986 5.720 283 $90,051.30 $0.02 $9,211,935.22 $2.16

Jul‐15 3.55 2.999 5.712 319 $47,077.21 $0.01 $11,967,710.76 $2.93

Aug‐15 3.58 3.041 5.710 332 $72,373.40 $0.02 $11,594,766.99 $2.75

Sep‐15 3.67 3.116 5.690 317 $115,400.46 $0.03 $16,296,123.34 $4.07

Oct‐15 3.78 3.194 5.693 300 $192,689.62 $0.05 $14,898,835.76 $3.60

Nov‐15 3.82 3.201 5.701 273 $232,672.62 $0.06 $18,850,330.55 $4.59

Dec‐15 3.79 3.160 5.704 273 $259,675.17 $0.06 $21,406,924.22 $4.69

Jan‐16 3.78 3.153 5.708 270 $283,180.60 $0.06 $17,267,346.33 $3.66

Feb‐16 3.76 3.132 5.711 270 $245,671.32 $0.06 $11,956,121.53 $2.80

Mar‐16 3.67 3.084 5.720 256 $330,387.83 $0.07 $11,707,435.03 $2.30

Apr‐16 3.63 3.087 5.738 244 $353,412.42 $0.07 $12,421,263.77 $2.52

May‐16 3.61 3.051 5.726 261 $233,154.22 $0.05 $16,215,983.79 $3.38

Jun‐16 3.59 2.996 5.707 288 $95,752.11 $0.02 $13,264,106.67 $2.90

Jul‐16 3.59 3.001 5.691 306 $63,489.02 $0.02 $7,940,075.29 $1.90

Aug‐16 3.61 3.035 5.682 316 $55,660.22 $0.01 $4,991,442.45 $1.19

Sep‐16 3.68 3.112 5.682 312 $128,911.21 $0.03 $10,283,233.70 $2.52

Oct‐16 3.75 3.182 5.694 281 $266,329.70 $0.06 $14,815,960.46 $3.48

Nov‐16 3.81 3.218 5.708 248 $304,500.80 $0.07 $2,313,003.79 $0.56

Dec‐16 3.90 3.236 5.727 241 $597,902.03 $0.13 $7,784,290.16 $1.67