Based on the Announcement of Class and Component Prices, released on
February 4, January’s Class II Price was $13.92 per hundredweight (cwt.),
down 49 cents from the prior month. The Class II Butterfat Price was
$1.4595 per lb., a 12-cent decrease from December’s $1.5831 per lb. Class
III Price fell $1.27 from December to $14.59 per cwt for January milk. Month
over month, the Class IV Price decreased by 9 cents from
December to $13.55 per cwt in January. The Class IV Skim Milk Price was
$8.77 per cwt., up 35 cents from the prior month’s $8.42 per cwt.
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