April FMMO Class I base price lower

The April 2015 federal order milk marketing order Class I base milk price is $15.50/cwt., down 6¢ from March 2015, $8.15 less than April 2014, and the lowest since June 2012.

Through the four months of 2015, the Class I base average is $16.47/cwt., down $6.23 compared to the same period in 2014.

 

Weekly average California NFDM price

Week ending

Avg. price ($/ lb.)

7-day sales (lb.)

March 13

1.0384

11,238,774

March 6

0.9958

10,314,639

Feb. 27

1.0512

8,144,002

Feb. 20

0.9985

13,141,466

Feb. 13

1.0112

10,750,181

Source: CDFA

 

 

 

Weekly National Dairy Product Sales Report

Week ending March 14, 2015

 

 

 

 

Change from

 

Ave. price

previous week

 

($/lb.)

(¢/lb.)

Butter

1.72

3.8

Cheddar blocks

1.56

0.6

Cheddar barrels

1.53

0.5

Dry whey

0.484

-2.1

NFDM

1.07

2.8

Source: USDA Ag Marketing Service