The February Federal Order Class III benchmark milk price was announced by the USDA at $17.78 per hundredweight Wednesday, down $1.65 from January, $3.13 below February 2022, and the lowest it has been since Sept. 2021.
The February Class IV price is $18.86, down $1.15 from January, $5.14 below a year ago, and the lowest Class IV since November 2021.
Courtesy of the Mielke Market Weekly
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