# Farmers, dairy stakeholders found common ground at AFBF’s FMMO Forum | Ag Proud

> 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.

- Date: 2022-12-09 · published 2022-12-09T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/38383-farmers-dairy-stakeholders-found-common-ground-at-afbf-s-fmmo-forum-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Changes to dairy pricing formulas affect milk revenue distribution and depooling, but a policy proposal alone has limited immediate price impact.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-05-06 | [Dairy farmer groups propose  Class III Plus for better milk pricing](https://feedsoft.ai/events/47240-dairy-farmer-groups-propose-class-iii-plus-for-better-milk-pricing.md) | -0.4% | -9.6% |
| MILK | 2017-05-26 | [Economic analysis shows California FMMO  is positive for most dairy producers - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/71155-economic-analysis-shows-california-fmmo-is-positive-for-most-dairy-producers.md) | +5.8% | +4.7% |
| MILK | 2019-07-01 | [Farmers give new dairy safety net a try \| Capital Press](https://feedsoft.ai/events/4200-farmers-give-new-dairy-safety-net-a-try-capital-press.md) | +6.5% | +7.4% |
| MILK | 2016-06-23 | [June sales period offers dairy margin protection option -  \| Ag Proud](https://feedsoft.ai/events/4754-june-sales-period-offers-dairy-margin-protection-option-ag-proud.md) | 0.0% | +15.5% |
| MILK | 2016-06-02 | [Dairy safety net in need of patches -  \| Ag Proud](https://feedsoft.ai/events/7547-dairy-safety-net-in-need-of-patches-ag-proud.md) | +3.6% | +3.3% |

## Sources

- agproud.com: https://www.agproud.com/articles/56553-farmers-dairy-stakeholders-found-common-ground-at-afbfs-fmmo-forum

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