August Class III Milk Price Inches Higher at $17.60
Ohio Ag Connection - 09/06/2019
For the second straight month, the Class III milk price has exceeded the $17.00 mark. This week, the USDA announced that the August Federal Order Class III price reached $17.60 per hundredweight. That's five-cents more than July's price and $2.65 higher
than August 2018. It's the highest base price since December 2014
So far, the Class III price has averaged $15.83 during 2019.
The Class IV component price was 16-cents lower than last month at $16.74, but $2.11 more than last year.