COUNTRY LIFE OCTOBER 2022: Benchmark down 28 cents, butter at record high

The September Federal order Class III benchmark milk price was announced at $19.82 per hundredweight, down 28 cents from August, after plunging $2.42 in August, but is $3.29 above September 2021. Unfortunately, it’s the lowest Class III price since December 2021, but put the nine month average at $22.24, up from $16.75 a year ago,…