California’s February 2014 Class 4a/4b milk prices were announced Monday, Mar. 3.
The Class 4a butter-powder price rose for the eleventh consecutive month, to $23.08/cwt. The February price is up 95¢ from January, $5.07 more than February 2013, and a new record high.
The Class 4b price is up for a seventh consecutive month, to $21.24/cwt. The February price is up 83¢ from January and $5.83 more than February 2013. It surpasses the previous Class 4b record high of $21.18/cwt., set in June 2007.
Federal order January 2014 Class II, III & IV prices will be announced Wednesday, Mar. 5.