June Class 1 milk prices jumped in California. The northern price was announced by the California Department of Food and Agriculture at $17.19 per hundredweight and the southern price is $17.46. Both are up $1.10 from May, 20 cents above June 2017, and the highest Class 1 since December 2017.
The six-month northern average stands at $16.00, down from $17.65 at this time a year ago and compares to $15.45 in 2016. The southern average, at $16.27, is down from $17.93 a year ago and compares to $15.72 in 2016. The June Federal order Class I base price will be announced by the USDA on May 23.
Courtesy of Mielke Market Weekly
