The Agriculture Department announced the November Federal order Class III benchmark milk price at $21.01 per hundredweight (cwt.), down 80 cents from October but $2.98 above Nov. 2021. That put the eleven month average at $22.09, up from $16.96 a year ago and $18.39 in 2020.
The November Class IV price is $23.30, down $1.66 from October, $4.51 above a year ago, and the lowest Class IV since January. Courtesy of the Mielke Market Weekly