Wisconsin's February Federal Order Class III Milk Price
Thursday, March 4th, 2021 -- 8:04 AM
(Wisconsin Ag Connection) The USDA announced that the February Federal Order Class III milk price fell to $15.75 per hundredweight.
According to the Wisconsin Ag Connection, that was 29-cents lower for the month, and $1.25 below February 2020. During the 2020 calendar year, the Class III price averaged $18.16, with $12.14 being the lowest monthly price during May and peaked at $24.64 in July. The Class IV component price was 39-cents higher than last month at $13.75, but $2.90 less than last year.
Last week, Wisconsin's all milk price for January was announced at $17.50 cwt., which was 60-cents lower than last month's price and $1.90 below the previous year.
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