California’s July Class 1 milk price was announced by the California Department of Food and Agriculture at $16.86 per hundredweight for the north and $17.13 for the south. Both are down 33 cents from June, $1.59 below July 2017, and reverse three months of gain.
The seven-month average stands at $16.12 for the north, down from $17.77 a year ago and compares to $15.37 in 2016. The southern average, at $16.39, is down from $18.04 a year ago and compares to $15.64 in 2016.
Only three more Class 1 announcements will come under California’s long-standing state order. Dairy producers there have voted to join the Federal Milk Market Order system.
Courtesty Mielke Market Weekly, CDFA website complete report
