The Agriculture Department announced the March Federal order Class III milk price at $15.04 per hundredweight, up $1.15 from February, 82 cents above March 2018, and the highest Class III since October 2018 and equates to $1.29 per gallon, up from $1.19 in February and $1.22 a year ago.
The three-month average is at $14.30, up from $13.87 a year ago but compares to $16.49 in 2017.
The March Class IV price is $15.71, down 15 cents from February but $2.67 above a year ago, and the highest March Class IV price since 2014.
Its three month average stands at $15.68, up from $13.01 a year ago and $15.37 in 2017. Courtesy Mielke Market Weekly