# September Class I Base Milk Price Drops To $17.04/cwt As Easing Butterfat Values Offset Skim Strength

> The September FMMO Class I base milk price fell to $17.04/cwt as lower advanced butterfat and cheese values outweighed a firmer Class IV skim factor. NDM prices averaged $1.5603/lb over the reference period.

- Date: 2026-09-01 · published 2026-09-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/17913-september-class-i-base-milk-price-drops-to-17-04-cwt-as-easing-butterfat-values
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A lower Class I base price reduces minimum regulated fluid milk prices for September, which is bearish for milk values in the fluid and manufacturing pools.

## Read by commodity

- MILK: bearish ▼

## Sources

- en.edairynews.com: https://en.edairynews.com/september-class-i-base-milk-price-drops-to-17-04-cwt-as-easing-butterfat-values-offset-skim-strength/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.