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March Class III Milk Price Announced at $16.25
USAgNet - 04/03/2020

The USDA announced that the March Federal Order Class III price was $16.25 per hundredweight. That's 75-cents less than February's price, but $1.21 higher than March 2019.

So far, the Class III price has averaged $16.77 during 2020, but is expected to go down due to the economic effects of COVID-19.

The Class IV component price was $1.33 lower than last month at $14.87, and 84-cents less than last year.

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