The Agriculture Department announced the first Federal order milk price of 2024. The January Class I base price is $18.48 per hundredweight, down $1.28 from December, $3.93 below January 2023, and the lowest Class I since August 2023. It equates to $1.59 per gallon, down from $1.93 a year ago. Courtesy of the Mielke Market Weekly
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