COUNTRY LIFE NOVEMBER 2022: Benchmark jumps $1.99, record high butter has meltdown

The Agriculture Department announced the October Federal order Class III benchmark milk price at $21.81 per hundredweight, up $1.99 from September, $3.98 above Oct. 2021, and the highest October Class III since 2014. The ten month average stands at $22.20, up from $16.86 a year ago, $17.89 in 2020, and $16.37 in 2019. Friday’s Class…