# April FMMO milk class prices mixed as protein value tumbles | Ag Proud

> April 2024 Federal Milk Marketing Order prices were mixed, with Class III falling 84 cents to $15.50 per cwt, a three-month low. Class II rose to $21.23 and Class IV to $20.11, and the protein component value fell to its lowest in about a quarter century.

- Date: 2024-05-02 · published 2024-05-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30253-april-fmmo-milk-class-prices-mixed-as-protein-value-tumbles-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Weak Class III and protein values point to soft cheese-linked milk prices in the near term, though expected May improvement limits the bearish read. Feed buyers should watch for dairy producer margin pressure.

## Read by commodity

- MILK: bearish ▼

## Sources

- agproud.com: https://www.agproud.com/articles/59636-april-fmmo-milk-class-prices-mixed-as-protein-value-tumbles

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