July Class III Milk Price Hits 55-Month High of $17.55
Wisconsin Ag Connection - 08/02/2019
For the first time since early 2015, the Class III milk price has exceeded the $17.00 mark. This week, the USDA announced that the July Federal Order Class III price reached $17.55 per hundredweight. That's $1.28 more than June's price and $3.45 higher
than July 2018.
So far, the Class III price has averaged $15.58 during 2019.
The Class IV component price was seven-cents higher than last month at $16.90, and $2.76 more than last year.
Meanwhile, the Wisconsin all milk price for June was announced at $17.90 per cwt., down 20-cents from May's price, but $1.40 higher than the same time a year earlier.