Milk Class 3 (IMF)

Name: Milk Class 3 (IMF)
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

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monthly

USD/cwt

UTC+3

Previous value

on 30/06/2026

from

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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.

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Index value can be retrieved via Cbonds add-in for Excel using the formula CbondsIndexValue(181169, date)

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Subgroup indices

Index	Current value	Date
Milk	16.64 USD/CWT	21/08/2026
Cheese	1.596 USD/Lbs	21/08/2026
Butter	4,350 EUR/T	21/08/2026
Milk (New Zealand)	9.75 NZD/kg	20/08/2026
Milk Class 3 (IMF)	20.71 USD/cwt	31/07/2026
Milk fat (New Zealand)	6,050 USD/T	20/08/2026

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