# How would FMMO changes affect milk prices?

> An analysis examined proposed Federal Milk Marketing Order changes, including higher make allowances, dropping barrel cheese from the protein formula, and updated component factors. Final changes are not expected until 2024.

- Date: 2023-12-20 · published 2023-12-20T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/32711-how-would-fmmo-changes-affect-milk-prices
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher make allowances would lower Class III and IV prices, while a return to the higher-of Class I mover would slightly raise All-Milk prices, so the net effect on farm milk prices is small.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-05-23 | [Could a cheese price fix improve milk checks?](https://feedsoft.ai/events/41565-could-a-cheese-price-fix-improve-milk-checks.md) | +0.4% | -3.1% |
| MILK | 2025-05-15 | [FMMO modernization: What changes will go into effect in June 2025? \| Ag Proud](https://feedsoft.ai/events/24835-fmmo-modernization-what-changes-will-go-into-effect-in-june-2025-ag-proud.md) | +0.4% | +1.5% |
| MILK | 2022-05-31 | [Dairy group seeks clarification on milk pricing changes \| Capital Press](https://feedsoft.ai/events/41570-dairy-group-seeks-clarification-on-milk-pricing-changes-capital-press.md) | -2.9% | -3.4% |
| MILK | 2024-02-26 | [DMC enrollment to commence as USDA expects higher milk prices in 2024](https://feedsoft.ai/events/5462-dmc-enrollment-to-commence-as-usda-expects-higher-milk-prices-in-2024.md) | +3.9% | +1.7% |
| MILK | 2018-04-10 | [USDA: California milk prices higher in federal system \| Capital Press](https://feedsoft.ai/events/65653-usda-california-milk-prices-higher-in-federal-system-capital-press.md) | -0.3% | +5.7% |

## Sources

- hoards.com: https://hoards.com/article-34540-how-would-fmmo-changes-affect-milk-prices.html

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