Class I Milk Price as reported by Hoard's Dairyman
|May 18|| next update
June Class I is $13.14 — down $3 from last year
Class I Milk PriceAnnounced on May 18, 2016 - the June Class I (fluid milk) price is $13.14, down 56 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