Released by USDA on Jun 2, 2021: February 2021 mailbox prices for selected reporting areas in federal milk orders averaged $15.70. That price was down $0.42 from the January average and down $2.50 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.