The Agriculture Department announced the April Class I base at 18.85 per hundredweight, down 14 cents from March, $5.53 below a year ago, and the lowest Class I since November 2021. It equates to $1.62 per gallon, down from $2.10 a year ago. The four month average stands at $20.26, down from $22.15 a year ago and compares to $15.35 in 2021. Courtesy of the Mielke Market Weekly