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USDA Announced November Federal Order Class III Milk Price Rose

Saturday, December 4th, 2021 -- 7:10 AM

The USDA announced that the November Federal Order Class III milk price rose to $18.03 per hundredweight.

That was 20-cents higher for the month, but $5.31 below November 2020. So far, the Class III price has averaged $16.96 during 2021. 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 during the volatile pandemic year.

The Class IV component price was $1.75 higher for the month at $18.79, and $5.49 over last year. Last week, Wisconsin's all milk price for October was announced at $19.60 cwt., which was $1.30 higher than last month's price, but $2.00 less than the same period last year. (Wisconsin Ag Connection)

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