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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.

The U.S. milk price for April was $16.50 per cwt.

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