Released by USDA on January 12, 2021: September 2020 mailbox prices for selected reporting areas in federal milk orders averaged $16.62. That price was down 75 cents from the August average and down $1.86 from a year ago.
Mailbox prices reflect the actual price dairy operators receive for their milk, hence the name mailbox price. Typically, they are released about 3-1/2 months following the month for which the prices apply. Mailbox prices are reported at average fat tests and reflect all premiums, as well as marketing costs, including hauling.