Feed costs were the ninth highest ever for the month of March
- amy55735
- May 7
- 1 min read
The April Federal order benchmark Class III milk price was announced by the USDA at $17.48 per hundredweight (cwt.), down $1.14 from March, but $1.98 above April 2024. It is the lowest Class III price since April 2024. The four-month Class III average is at $19.16, up from $15.77 a year ago, and $18.46 in 2023.
Late Friday morning Class III futures portended a May price at $18.50, June at $17.82 and July at $18.19 with a peak of $18.63 in September.
The Class IV price was $17.92 per cwt., down 29 cents from March, $2.19 below a year ago, and the lowest since Oct. 2021. Its average stands at $19.19, down from $19.86 a year ago, and compares to $18.80 in 2023.
Lee Mielke
May 5, 2025
Farmers' Advance
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