# FMMOs stayed on trend in February | Ag Proud

> Federal Milk Marketing Order administrators reported February 2023 pricing data, with ten of eleven FMMOs seeing uniform prices fall by $1 per cwt or more from January. Class prices for February were the lowest since the fourth quarter of 2021.

- Date: 2023-03-15 · published 2023-03-15T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/36858-fmmos-stayed-on-trend-in-february-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower US Class III and IV prices signal weaker dairy demand and softer milk values, which can reduce dairy farm feed purchasing power.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2025-03-06 | [February 2025 Class II, III and IV milk prices lower \| Ag Proud](https://feedsoft.ai/events/4704-february-2025-class-ii-iii-and-iv-milk-prices-lower-ag-proud.md) | +1.8% | -6.1% |
| MILK | 2023-02-15 | [January FMMOs: A little lower prices, a little more Class IV \| Ag Proud](https://feedsoft.ai/events/37365-january-fmmos-a-little-lower-prices-a-little-more-class-iv-ag-proud.md) | -0.3% | +0.2% |
| MILK | 2023-03-07 | [Economic update: February FMMO milk class prices back to 2021 levels \| Ag Proud](https://feedsoft.ai/events/36860-economic-update-february-fmmo-milk-class-prices-back-to-2021-levels-ag-proud.md) | 0.0% | +1.6% |
| MILK | 2021-02-24 | [Less acceleration: Milk production growth slowed in January \| Ag Proud](https://feedsoft.ai/events/48644-less-acceleration-milk-production-growth-slowed-in-january-ag-proud.md) | +0.1% | +3.8% |
| MILK | 2023-04-05 | [Most dairy product production up for February - Brownfield Ag News](https://feedsoft.ai/events/36409-most-dairy-product-production-up-for-february-brownfield-ag-news.md) | +3.4% | -7.1% |

## Sources

- agproud.com: https://www.agproud.com/articles/57208-fmmos-stayed-on-trend-in-february

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