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Dairy Today News Detail

July Class III Price Hits Record

August 8, 2011

USDA announced the July Class III minimum price at $21.39/cwt.—breaking the record by a penny set in July 2007.

The July Class III price is up $2.28 over June. The July Class III price also becomes the Class I mover. It’s the first time the Class III price was higher than Class IV, the first time this has occurred since February of last year.
The August Class I price has been announced at $21.43, up 40¢/cwt from July.
A list of prices can be found at the University of Wisconsin Understanding Dairy Markets site.

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