http://www.cheesereporter.com/pricemilk.htm Webcomponent prices set the Class III skim milk price at $10.20 per cwt. The July 2024 Class IV skim milk price is $9.69, which is derived from the nonfat solids price of $1.0765 per pound. Product Price Averages: The product price averages for July 2024 are: butter $1.7401, nonfat dry milk $1.2552, cheese $1.5956, and dry whey $0.6050.

What are the milk classes under the Federal Milk Order System?

WebClass III – Milk used for most types of cheese and whey makes up this class. In 2016, 55.92 billion pounds of milk was utilized in Class III, or 41.7 percent of the year’s total. Class IV – Butter, butter-based spreads and dry products like whole milk powder and nonfat dry milk comprise Class IV. In 2016, 18.65 billion pounds of milk was ... WebCLASS III - Milk used in the manufacture of cream cheese and other spreadable cheeses, and hard cheese of types that may be shredded, grated, or crumbled. It also includes … chocolate shortbread cookies buy online

Class III Milk Futures,Apr-2024 (DC=F) - Yahoo Finance

WebClass I (fluid) and Class III (cheese) are by far the most volatile Class IV (butter and nonfat dry milk) is the least There are regional differences in farm/plant price volatility Florida … WebU.S. Class III Milk Price at 3.5% Test ($/cwt) U.S. Class IV Milk Price at 3.5% Test ($/cwt) 12.00 13.00 14.00 15.00 16.00 17.00 18.00 19.00 20.00 21.00 22.00 23.00 24.00 25.00 … WebClass III takes in milk used for making hard cheeses. Class IV milk is used to make butter and dry products such as non-fat dry milk (NFDM). USDA determines class pricing … chocolate shortbread biscuit recipe