December Federal Order Class III Milk Price

Thursday, January 6th, 2022 -- 9:00 AM

(Wisconsin Ag Connection) The USDA announced that the December Federal Order Class III milk price rose to $18.36 per hundredweight.

According to the Wisconsin Ag Connection, that was 33-cents higher for the month, and $2.64 more than December 2020. For the entire year, the Class III price averaged $17.08 throughout 2021. Prices peaked at $18.96 in May, but fell as low as $15.75 during February.

During the 2020 calendar year, the Class III price averaged $18.16. The Class IV component price was $1.09 higher for the month at $19.88, and $6.52 over the previous year.

Last week, Wisconsin's all milk price for November was announced at $20.30 cwt., which was 70-cents higher than last month's price, but $2.50 less than in November 2020.

Feel free to contact us with questions and/or comments.