October 2017 Class I price

Announced on September 20, 2017 — the October Class I (fluid milk) price is $16.44, down 27 cents from last month. That price is down $0.16 from a year ago.

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