Milk prices hit hard

 Resize text         Printer-friendly version of this article Printer-friendly version of this article

If you were looking for milk-price relief, it is not here yet. The May Class III price took a heavy blow, dropping 94 cents versus April. The move puts the May price back below $10.

According to the USDA’s announcement of federal order class and component prices on June 5, the May Class III price is just $9.84 per hundredweight, which is down 46 percent versus a year ago when the price was $18.18.

The announcement was not all dire news. The Class IV price continued to advance, though it is only a notch above $10. According to the announcement, it climbed 32 cents to $10.14. That also is about 34 percent less than the May 2008 Class IV price of $15.26.

The May Class II price was announced at $10.71. That is 22 cents more than April, but still 31 percent less than a year ago when it was $15.51.

Source: USDA-Agricultural Marketing Service


Comments (0) Leave a comment 

e-Mail (required)


characters left

Biotal Forage Inoculants

"Biotal offers a range of forage inoculants proven to help win the battle to preserve feed quality and value. Call ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Leads to Insight