Class I Milk Price as reported by Hoard's Dairyman
|Mar. 19|| next update
April Class I is $23.65 — up $5.99 from last year
Class I Milk PriceAnnounced on March 19, 2014 - the April Class I (fluid milk) price is $23.65, up 1 cent 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