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The advanced FMMO Class I base price for June was announced at $22.18 per cwt, up $2.03 from May and the highest since November 2024. The advanced Class IV skim milk factor exceeded the Class III factor, making Class IV the higher-of mover.
A sharp rise in the Class I base price strengthens fluid and manufacturing milk values, supporting dairy producer returns and dairy-based feed demand.
agproud.comJenn Coyne, Karen LeeMay 21, 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.
