CONNECTICUT FARM MILK PRICES: Determined by Regional, National and International Markets Presentation by Robert D. Wellington Agri-Mark Dairy Cooperative January 3, 2017

Connecticut and Northeast Federal Order Milk Production Shares, 2015

Connecticut Farm Blend Prices and CME Block Cheese Prices, 2000-2015

U.S. Dairy Exports as a Percent of National Production October 2016 YEAR AGO Nonfat Dry Milk 70% 69% Total Cheese 5.3% 5.1% Butterfat 4.4% 1.3% Dry Sweet Whey 51% 36% Lactose 81% Total Milk Solids 15.7% 13.5%

U.S. Exports and Imports as % of Milk Production