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Milk Class 3 (IMF)

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monthly
USD/cwt
UTC+3
Previous value
on 31/08/2026
from
to
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Index description

The index reflects the spot price of USDA Class III Milk and serves as a key indicator for pricing cheese and other dairy products in the agricultural sector. In 2026, the maximum reached 25.17 USD/hundredweight, the minimum was 15.26 USD/hundredweight, and the average value stood at 19.36 USD/hundredweight. The US is the primary trading region, where the indicator acts as a pricing benchmark for producers and traders.

Quotes by Market Participants

List of securities for index calculation

Subgroup indices

Index Current value Date
Milk 15.06 USD/CWT 06/10/2026
Cheese 1.462 USD/Lbs 06/10/2026
Butter 4,175 EUR/T 06/10/2026
Milk (New Zealand) 10.07 NZD/kg 06/10/2026
Milk Class 3 (IMF) 21.57 USD/cwt 30/09/2026
Milk fat (New Zealand) 5,500 USD/T 06/10/2026

The composition of the index list

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