October 2019 Base Class I Price

Announced on September 18, 2019 — The October Class I (fluid milk) price is $17.84, down 1 cent from last month. That price is up $1.51 from a year ago. Next update is October 23, 2019.

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