National & World Ag News Headlines Class III Milk Price Remains at $15.72 USAgNet - 05/03/2012 The April Class III milk price was released at $15.72 per hundredweight on Wednesday. That's unchanged from the month before, and $3.68 below year-ago levels. The 2012 average is now at $16.14. The Class IV price was down 55-cents cents from last month at $14.80, and was $4.98 lower than last year's price for April. The All-Milk Price report was also announced yesterday, showing that Wisconsin farmers received an average price of $17.70 per hundredweight for their milk in March, down $3.40 from March 2011. The April price is expected to decrease 10 cents, to $17.60 per cwt. The expected U.S. milk price for April is $16.90 per cwt., 30 cents lower than last month and 70 cents lower than Wisconsin's expected April price. All states except Idaho are anticipating a price decrease from March to April. Idaho's price, at $16.70 per cwt., is expected to remain steady from March to April. The Chicago Mercantile Exchange 40-pound block cheese price closed at $1.53 per pound on May 1, while barrels were $1.46 per pound. The CME butter price was $1.35 per pound. For the week ending April 21, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $1.50 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $1.48 per pound. The U.S. butter price was $1.44 pound. Send this article to a friend Other National Headlines Senators Consider Cuts in Crop Insurance Mexico: U.S. Not Respecting WTO Ruling on Meat Labeling China's Pork Price Rebounds After Government Boost African Poultry Group Denies Tariff Would Cause Inflation Report Finds Farming is Still Very Dangerous Occupation Dairy Outlook Report: Class III Price Should Remain $18+ All Year Farmers Make Good Progress on Spring Wheat Planting Copyright © 2013 - USAgNet.com. All Rights Reserved.