January Federal Order Class III Milk Price

Thursday, February 4th, 2021 -- 7:59 AM

(Wisconsin Ag Connection) The USDA announced that the January Federal Order Class III milk price rose to $16.04 per hundredweight.

According to the Wisconsin Ag Connection, that was 32-cents higher for the month, but $1.01 below January 2020.  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.

The Class IV component price was 39-cents higher than last month at $13.75, but $2.90 less than last year.

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