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August federal order prices move higher

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August federal order manufacturing class milk prices were up from July, but remain well below a year ago. Prices, announced Aug. 29, are as follows:

• Class II: $15.64/cwt., up $1.13 from July, but $5.91 less than August 2011.

• Class III: $17.73/cwt., up $1.05 from July and the highest since December 2011, but $3.94 less than August 2011.

• Class IV: $15.76/cwt., up $1.31 from July and the highest since February 2012, but $4.38 less than August 2011.

Through January-August 2012, the Class II average is $15.88/cwt., down $3.88 from the same period in 2011. The Class III average is $16.23/cwt., down $1.95 from a year earlier. The Class IV average is $14.95/cwt., down $4.54 from January-August 2011. 

California’s Class 4a/4b prices will be announced Sept. 4.

 

August federal order class prices ($/cwt.)

Class Aug. ’12 July ’12 Aug. ’11 YTD 2012 Ave. YTD 2011 Ave.
II 15.64 14.51 21.55 15.88 19.76
III 17.73 16.68 21.67 16.23 18.18
IV 15.76 14.45 20.14 14.95 19.49
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