Those who have been following their mailbox price over the first half of 2025 have likely seen a drop of
more than $3 per hundredweight (cwt) since February. That’s due
to declining prices on both the Class III and Class IV side of the
market. USDA announced the all-milk price for May at $21.30 per
cwt, down $3.20 from the beginning of the year and the lowest
price so far. However, June’s price is projected to be lower yet at
$20.91 per cwt before rebounding through the end of the year.