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Class III Milk Price Exceeds $17 for the First Time Since 2015

Friday, August 2nd, 2019 -- 8:40 AM

(Wisconsin Ag Connection) -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.

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