The USDA announced that the November Federal Order Class III
milk price fell to $21.01 per hundredweight. That was 80-cents lower for the
month, but $2.65 above November 2021.
So far, the Class III price has averaged $22.09 during 2022.
The Class IV component price was $1.66 lower for the month at $23.30, but $3.42
more than last year.
Earlier this week, the USDA announced that the Wisconsin all milk price for
October averaged $24.40 per cwt., which was $2.30 above the September price,
and 4.70 more than last October.