While the hearing on the Federal Milk Marketing Order system enters its sixth week, the prices paid for milk and cheese continue to fall.
The USDA hearing on the orders began August 23rd, five weeks ago today. Just since the hearing began, farmers have seen milk checks continue to fall with the Class III October price down 77 cents, November down 78 cents, and December down 72 cents per hundredweight. On the processor side, whey, butter, and nonfat dry milk prices are higher but block and barrel cheese prices are lower.
