The September Federal order Class I base milk price was announced by the USDA at $16.71 per hundredweight, down a penny from August but 15 cents above September 2016, and equates to $1.44 per gallon.
That put the nine month average at $16.41, up from $14.37 at this time a year ago and compares to $16.33 in 2015. Courtesy of the Mielke Market Weekly
There was a lot of news in the latest Milk Production and Cold Storage reports from USDA. StoneX broker Dave Kurzawski talks about it with Lee Mielke on Dairy Radio NOW.
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