# Economic Update: June Class I base price reaches $22.18 per cwt | Ag Proud

> 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.

- Date: 2026-05-21 · published 2026-05-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/19260-economic-update-june-class-i-base-price-reaches-22-18-per-cwt-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A sharp rise in the Class I base price strengthens fluid and manufacturing milk values, supporting dairy producer returns and dairy-based feed demand.

## Read by commodity

- MILK: bullish ▲

## Sources

- agproud.com: https://www.agproud.com/articles/63524-economic-update-june-class-i-base-price-reaches-2218-per-cwt

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