# Milk, cheese prices fall while USDA, industry discuss proposals - Brownfield Ag News

> Dairy farmers and processors continue testifying at a USDA hearing on the Federal Milk Marketing Order system, now in its sixth week. Class III milk prices for October through December have fallen 72 to 78 cents since the hearing began, while cheese blocks and barrels are lower and butter, whey and nonfat dry milk are higher.

- Date: 2023-09-26 · published 2023-09-26T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/34251-milk-cheese-prices-fall-while-usda-industry-discuss-proposals-brownfield-ag-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower cheese values are pulling down Class III milk checks for producers, and any change to make allowances or pricing formulas would reshape processor and farm-gate milk returns. Feed buyers should expect dairy-sector margin pressure to persist into the fourth quarter.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2025-06-05 | [Federal Milk Marketing Order changes kick in - Brownfield Ag News](https://feedsoft.ai/events/24383-federal-milk-marketing-order-changes-kick-in-brownfield-ag-news.md) | +0.5% | -7.2% |
| MILK | 2020-09-23 | [2020 Negative PPD challenges snowballing - Brownfield Ag News](https://feedsoft.ai/events/51131-2020-negative-ppd-challenges-snowballing-brownfield-ag-news.md) | +0.5% | +31.9% |
| MILK | 2020-04-10 | [Pandemic Weakening Milk Prices; Industry Calls for Policy Action - EveryCRSReport.com](https://feedsoft.ai/events/53641-pandemic-weakening-milk-prices-industry-calls-for-policy-action-everycrsreport.md) | -1.1% | -14.8% |
| MILK | 2020-04-07 | [Mielke: Dairy industry calls for help \| Capital Press](https://feedsoft.ai/events/5746-mielke-dairy-industry-calls-for-help-capital-press.md) | -1.7% | -16.9% |
| MILK | 2020-08-06 | [Demand for Cheese Declines, Prices Take a Tumble \| Red River Farm Network](https://feedsoft.ai/events/8833-demand-for-cheese-declines-prices-take-a-tumble-red-river-farm-network.md) | -0.1% | -14.9% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/milk-cheese-prices-fall-while-usda-industry-discuss-proposals/

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