Milk (Class III)DC

At a glance

Sold by dairy farmers and co-ops · bought by bottlers (Class I), cheese (III) and butter-powder plants (IV)
Checked first: Class III price ($/cwt), Class IV beside it, then your order’s blend and mailbox price

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Guide

How this market is measured, traded and harvested.

Know the market

Unit: Hundredweight (cwt) of milk
Class III: Milk used for cheese; the price USDA announces monthly under Federal Orders
Futures: CME Class III Milk (DC): 200,000 lb, cash-settled to the USDA price
Key reports: Milk Production (monthly), Dairy Products, WASDE dairy

Reference, not measured data. CME Group · agriculture contract specifications

Original values. Clear sources. No simulated market data.Methodology ↗