Loading…
The August Federal Order Class I base price fell $2.57 to $18.76 per hundredweight, the first drop of more than $2 in 2026. The decline followed ample milk production and weaker cheese markets, with Class IV setting the higher-of price.
A sharp fall in the Class I base price reflects weaker dairy product values and milk supply pressure, which reduces dairy farm margins and softens demand for dairy feed ingredients.
agproud.comJenn Coyne, Karen LeeJul 23, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
