October Class III-IV Gap Widens

A Progressive Dairy article

October milk prices were reflective of what was seen in September, with the Class IV milk price growing stronger and the Class III milk price falling further. And in a change of course, Class II milk prices rebounded for the first time in three months. In the October USDA Announcement of Class and Component Prices report released Nov. 4, Class II rose $1.55 per hundredweight (cwt) to $19.15 per cwt, and Class IV climbed similarly, up $1.60 per cwt to $20.54 per cwt. Yet, Class III stumbled 88 cents from the previous month to $15.16 per cwt.

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