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September Federal Order Class III Milk Price

Thursday, October 6th, 2022 -- 10:01 AM

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(Wisconsin Ag Connection) The USDA announced that the September Federal Order Class III milk price fell to $19.82 per hundredweight.

According to the Wisconsin Ag Connection, that was 28-cents lower for the month, but $3.29 above September 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 $22.23 during 2022.

The Class IV component price was 18-cents lower for the month at $24.63, but $8.27 more than last year.

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