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October Class I base highest in a year


The October 2012 federal order Class I base milk price is $18.88/cwt., up $1.29 from September, but 68¢ less than October 2011. It's the highest since October 2011.


Year-to-date (January-October 2012), the Class I base average price is $16.74/cwt., down from $19.26/cwt. for the same period in 2011. It compares to $15.00/cwt. in 2010 and a disastrous $11.09/cwt. in 2009.