Class III Milk Price Announced at $15.57
Wisconsin Ag Connection - 06/02/2017
The USDA announced that the May Class III milk price was released at $15.57 per hundredweight. That's up 35-cents from April's price, and $2.81 above May 2016.
So far, the Class III price has averaged $16.05 this year.
The Class IV component price was 48-cents more than last month's price at $14.49, and was $1.40 higher than May of last year.
Meanwhile, the USDA reported that Wisconsin farmers received an average price of $17.10 per hundredweight for their milk in April. That was 90-cents lower than last month's price, but $1.50 higher than the same time a year earlier.