Class III Milk Price Announced at $15.46
Wisconsin Ag Connection - 03/05/2015
The USDA announced that the February Class III milk price was released at $15.46 per hundredweight. That was down 72-cemts from January's price, and $7.89 below February 2014.
For the year 2014, the Class III price averaged $22.34.
Meanwhile, the Class IV price was 59-censt higher than last month's price at $13.82, but was $9.64 less than February of last year.
Last week, the USDA announced that Wisconsin farmers received an average price of $18.40 per hundredweight for their milk in January. The USDA's Agricultural Prices report showed that the price was down $2.40 per cwt. from December, which was the fourth consecutive month to month drop in
price--falling $8.20 since September of last year.