# Mielke: Benchmark milk price drops 21 cents | TheFencePost.com

> The September Federal order Class III benchmark milk price was $16.36 per hundredweight, down 21 cents from August. The Class IV price fell 75 cents to $15.86, and California's 4b price dropped to $14.88.

- Date: 2017-10-12 · published 2017-10-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68616-mielke-benchmark-milk-price-drops-21-cents-thefencepost-com
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower September milk prices reduce farm milk income and can slow dairy herd expansion over time. The gap between California and federal order prices also affects regional dairy economics.

## Read by commodity

- MILK: bearish ▼

## Sources

- thefencepost.com: https://www.thefencepost.com/news/mielke-benchmark-milk-price-drops-21-cents/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.