# Milk Price Differentials Long Overdue for an Update | Farm Bureau Intel Markets | American Farm Bureau Federation

> USDA is hearing testimony on proposed changes to the Federal Milk Marketing Order system, with 21 proposals under review in week nine of hearings. Farm groups argue the Class I and II differentials are overdue for an update and have pushed to raise the Class II differential.

- Date: 2023-11-29 · published 2023-11-29T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/33313-milk-price-differentials-long-overdue-for-an-update-farm-bureau-intel-markets
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Changes to class differentials would alter how processors pay for milk by end use, affecting farm milk checks. The hearings are ongoing, so no near-term price effect is certain.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-12-15 | [More Negative PPDs and De-Pooling Reignite Federal Milk Marketing Order Debate \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/49805-more-negative-ppds-and-de-pooling-reignite-federal-milk-marketing-order-debate.md) | -0.9% | +3.0% |
| MILK | 2024-09-04 | [Decoding USDA’s FMMO Recommendations \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/28318-decoding-usda-s-fmmo-recommendations-farm-bureau-intel-markets-american-farm.md) | +12.1% | +13.1% |
| MILK | 2023-08-31 | [Dairy Products Pricing Report Captures Small Portion of Sales Volumes \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/34592-dairy-products-pricing-report-captures-small-portion-of-sales-volumes-farm.md) | -1.5% | -2.6% |
| MILK | 2022-03-01 | [Unwrapping USDA’s New Dairy Processing Cost Study and How it Could Impact Make Allowances \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/42285-unwrapping-usda-s-new-dairy-processing-cost-study-and-how-it-could-impact-make.md) | +8.1% | +7.1% |
| MILK | 2025-02-24 | [Pricing Amendments to the Federal Milk Marketing Orders - EveryCRSReport.com](https://feedsoft.ai/events/26045-pricing-amendments-to-the-federal-milk-marketing-orders-everycrsreport-com.md) | +0.0% | -8.4% |

## Sources

- fb.org: https://www.fb.org/intel/markets/milk-price-differentials-long-overdue-for-an-update

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