July 10, 2012 — California’s August Class 1 milk price was announced today by the California Department of Food and Agriculture at $18.01 per hundredweight for the north and $18.28 for the south. Both are up 41 cents from July but are $5.23 below August 2011.
That brought the 2012 Class I average to $17.82, down from $20.27 at this time a year ago, and compares to just $16.38 in 2010. The southern average now stands at $18.09, down from $20.54 a year ago and compares to $16.65 in 2010. The August federal order Class I base price is announced July 18.