Announced on November 20, 2019 — The December Class I (fluid milk) price is $19.33, up $1.19 from last month. That price is up $4.28 from a year ago. Next update is December 18, 2019.
Effective May 1, 2019:
- Base Class I Price = (Base Skim Milk Price for Class I x 0.965) + (Advanced Butterfat Pricing Factor x 3.5)
- Base Skim Milk Price for Class I = ((Advanced Class III Skim Milk Pricing Factor + Advanced Class IV Skim Milk Pricing Factor) / 2) + $0.74
The Class I mover is announced on or before the 23rd of the previous month.