Class III Milk Price Exceeds $17 for the 2nd Straight Month
Sunday, September 8th, 2019 -- 6:27 AM
(Wisconsin Ag Connection) -For the second straight month, the Class III milk price has exceeded the $17.00 mark.This week, the USDA announced that the August Federal Order Class III price reached $17.60 per hundredweight. That's five-cents more than July's price and $2.65 higher than August 2018. It's the highest base price since December 2014. So far, the Class III price has averaged $15.83 during 2019.
The Class IV component price was 16-cents lower than last month at $16.74, but $2.11 more than last year. Meanwhile, the Wisconsin all milk price for July was announced at $18.80 per cwt., up 90-cents from June's price and $3.40 more than the same month a year earlier.
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