Class I Milk Price as reported by Hoard's Dairyman
|August 20|| next update
September Class I is $23.63 — up $4.47 from last year
Class I Milk PriceAnnounced on August 20, 2014 - the September Class I (fluid milk) price is $23.63, down 24 cents from last month. The Class I base price (based on "higher of" advanced Class III or Class IV skim milk price) plus the Class I differential for each order determines Class I skim milk price. The mover is equivalent to the Basic Formula Price (BFP) under the old pricing system. It equals (base skim milk price for Class I times 0.965) plus (advanced butterfat pricing factor times 3.5). The Class I mover is announced on or before the 23rd of the previous month.
Class III prices
Class IV prices