Class I Milk Price as reported by Hoard's Dairyman
|Feb. 20|| next update
March Class I is $23.64 — up $5.84 from last year
Class I Milk PriceAnnounced on February 20, 2014 - the March Class I (fluid milk) price is $23.64, up $1.62 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