Federal Order Class I Price Drops 27 Cents


USDAThe October Federal order Class I base milk price was announced by USDA at $16.44 per hundredweight, down 27 cents from September and 16 cents below October 2016.

It is the lowest Class I since June 2017 and equates to $1.41 per gallon, down from $1.44 in September and $1.43 a year ago. The 10-month Class I average stands at $16.41, up from $14.60 a year ago and $16.28 in 2015

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