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MILK PRICE UP IN OCTOBER
Monday, November 2nd, 2009 -- 12:19 pm
Posted by Riley Hebert-News Director
The October milk price for farmers was up from September, but down significantly from October of last year.
The USDA says the October Class III milk price is $12.82 per hundredweight, up $71-cents from September, but $4.24 below year-ago levels. The 2009 average is now at $10.72, down from $17.84 in October 2008. The Class IV price is also up 71 cents from last month at $11.86, but $1.76 below last year.
Wisconsin Ag Connection reports dairy product prices were higher on Friday's National Ag Statistics Service's Weekly Cheddar Cheese Survey. The price of 40-pound blocks for Minnesota-Wisconsin averaged $1.50, up a penny from last week's price, while 500 pound barrels were three cents higher at $1.53.
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