August Federal Order Class III Milk Price

Friday, September 2nd, 2022 -- 9:00 AM

(Wisconsin Ag Connection) The USDA announced that the August Federal Order Class III milk price fell to $20.10 per hundredweight.

According to the Wisconsin Ag Connection, that was $2.42 lower for the month, but $4.15 above August 2021. The benchmark price recently set a new all-time record high of $25.21 in May of this year.

So far, the Class III price has averaged $22.54 during 2022. The Class IV component price was 98-cents lower for the month at $24.81, but $8.89 more than last year.

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