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October base milk prices
Class II $21.93 per hundredweight down $4.18 from the previous month. The Class III base for October production is $23.82 down 78 cents from September. Class IV base is $21.35 down $1.23 for the month. These are the lowest Class II and Class IV bases of the year.
Compared to the sequester-calculated base prices of a year ago, the October Class II price is up $1.37, Class III is $5.68 higher and the Class IV base is $1.18 higher.
Components prices per pound for October: butterfat $2.85; protein $3.7362; nonfat solids $1.309: other solids $0.467. This is the highest butterfat price of the year.
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