2022 U.S. MONTHLY PRICE AVERAGES (US $/LB) AREA and ...

1 WISCONSINPROCESS AMERICAN 5 POUND AND/OR MUENSTER 5 40 POUND JACK 10 5 5-6 6-9 POUND 40 POUND AMERICAN 5 POUND 10-14 POUND AMERICAN 5 POUND 40 POUND 10 POUND JACK 10 6-9 POUND CHEESEDAIRY MARKET NEWS CLASS II CREAMNORTHEASTERN - - SKIM - NORTHEASTERN - PRODUCTSAREA and PRODUCT: JAN: FEB: MAR: APR: MAYCME GROUP BUTTER - DAILY TRADINGGRADE - DAILY POUND DRY milk - DAILY TRADINGGRADE WHEY - DAILY TRADINGEXTRA MONTHLY AVERAGES are a simple average of all the closes during the MONTHLY AVERAGES are based on weekly prices and are time-weighted according to the number of workdays in the month - Saturdays, Sundays and National Holidays MONTHLY PRICE AVERAGES (US $/LB)AREA and PRODUCT: JAN: FEB: MAR: APR.

2 MAYDAIRY MARKET NEWS, CONTINUED DRY PRODUCTSNONFAT DRY MILKEASTERN AND CENTRAL - LOW/MEDIUM AND CENTRAL - HIGH - LOW/MEDIUM - HIGH - EXTRA AND GRADE PROTEIN CONCENTRATE 34%CENTRAL AND FEEDCENTRAL - milk BUTTERMILKEASTERN AND WHOLE AND MONTHLY AVERAGES are based on weekly prices and are time-weighted according to the number of workdays in the month - Saturdays, Sundays and National Holidays MONTHLY PRICE AVERAGES (US $/LB)AREA and PRODUCT: JAN: FEB: MAR: APR: MAYDAIRY MARKET NEWS BUTTER (82% BUTTERFAT) -- OCEANIA44974764485847385042 -- WESTERN EUROPE58045240515052315112 BUTTEROIL (99% BUTTERFAT) -- WESTERN EUROPE79147277700769066690 CHEDDAR CHEESE (39% MAXIMUM MOISTURE) -- OCEANIA49514991455844134628 SKIM milk POWDER ( BUTTERFAT) -- OCEANIA28882849273327192854 -- SOUTH AMERICA34503638370037003547 -- WESTERN EUROPE29222756275126252637 WHEY POWDER (NONHYGROSCOPIC) -- WESTERN EUROPE930866857838838 WHOLE milk POWDER (26% BUTTERFAT)

3 -- OCEANIA31923283325530563243 -- SOUTH AMERICA38443910397240253890 -- WESTERN EUROPE409137993718373837543 MONTHLY AVERAGES are based on weekly prices and are time-weighted according to the number of workdays in the month - Saturdays, Sundays INTERNATIONAL MONTHLY PRICE AVERAGES (US $/MT)