California April Class 1 Prices Slip
The California Department of Food and Agriculture announced the state’s April Class 1 milk prices this morning at $24.88 per hundredweight (cwt.) for the north and $25.15 for the south. Both are down 50 cents from March but are $5.39 and $5.38 per cwt. respectively above April 2013.
The north 2014 Class 1 average now stands at $24.05, up from $19.72 at this time a year ago and $18.30 in 2012. The southern average, at $24.32, is up from $20.00 a year ago and $18.57 in 2012. The Federal order Class I base price is announced by USDA on March 19.