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The American Farm Bureau Federation's FMMO forum found broad farmer and industry support for returning the Class I mover to the higher-of Class III and IV pricing formula. The change would replace the current average-plus-74-cents formula adopted in the 2018 Farm Bill.
Changes to dairy pricing formulas affect milk revenue distribution and depooling, but a policy proposal alone has limited immediate price impact.
agproud.comDaniel MunchDec 9, 2022After 93 past neutral policy events, Milk (Class III) moved a median -0.0% over 5 sessions (48% higher; middle half -0.6% to +0.6%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
