The Agriculture Department announced the April Federal order Class III milk price at $17.67 per hundredweight (cwt.), up $1.52 from March, $4.60 above March 2020, and the highest Class III since November 2020. That put the four month average at $16.40, up from $15.84 a year ago and $14.71 in 2019.
The Class IV price is $15.42, up $1.24 from March, $4.02 above a year ago, and the highest Class IV since February 2020. It’s four month average is $14.14, down from $14.78 in 2020 and $15.69 in 2019.