6 May 2024
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Benchmark milk price loses $4.77

The Agriculture Department announced the August Federal order Class III benchmark milk price at $19.77 per hundredweight, down $4.77 from July but still $2.17 above August 2019 and the highest August Class III since 2014.

Will Price Patterns Continue?

The question for a period of time early in the year after COVID-19 erupted across the world was just how low milk prices would go.