Nov. Class I Jumps To $24.09

The November Federal order Class I base milk price was announced at $24.09 per hundredweight, up $1.38 from October, $6.11 above Nov. 2021, and the highest November price ever, topping to the Nov. 2014 high by 3 cents. It equates to $2.07 per gallon, up from $1.55 a year ago. The eleven month average stands at $23.76, up from $16.61 a year ago and $16.64 in 2020.

Courtesy of the Mielke Market Weekly

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