Released on May 24: In February 2019, mailbox milk prices for selected reporting areas in Federal milk orders averaged $16.24 per cwt, up 10 cents from the January 2019 average and up $1.43 per cwt from the February 2018 average (without California).
Note about the California Mailbox Price: Prior to November 2018, the California mailbox price was calculated by California Department of Food and Agriculture. The California Federal Milk Marketing Order became effective on November 1, 2018. Mailbox price data for February 2019 is not yet available. Mailbox statistics do not yet include the new California Order.
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.