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The April federal order Class III milk price was $17.48 per cwt, down $1.14 from March and the lowest since April 2024. Class IV fell to $17.92, its lowest since October 2021.
Class III futures pointed to a May price of $18.37 and a peak of $18.38 in October.
Falling federal order milk prices signal weaker dairy product values, while the feed-to-milk ratio tightening reduces the margin cushion for producers buying corn and alfalfa.
dairystar.comLee MielkeMay 12, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
