◂ Event Timeline

Nov 1, 2022POLICYUS

WCMA Board of Directors Approves Reform Concepts for Federal Milk Orders

The Wisconsin Cheese Makers Association board approved six proposed reforms to federal milk marketing order pricing at an October 26 meeting. Proposals include dynamic make allowances based on USDA plant audits and steps to address volatility between block cheddar and barrel cheese prices.

WHY IT MATTERS

Changes to federal milk pricing formulas could alter how milk value is set over time, but the proposals are advocacy concepts with no immediate effect on supply or prices.

AFFECTSMilk (Class III)◆

SOURCE
wischeesemakersassn.orgGrace AthertonNov 1, 2022

Price reaction & history

Milk (Class III)◆neutralSO FAR1d +0.0%5d -4.2%20d -9.1%

After 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.

Mar 11, 2022Rationale Builds for Milk Price Reforms - Cheese Reporter-0.1%
May 30, 2023As Wisconsin continues to lose dairy farms, a national dairy group hopes to make milk more profitable - WPR-6.0%
Feb 1, 2025Evaluating the Implications of the USDA AMS Final Decision on Federal Milk Marketing Orders (FMMOs)-1.3%
Jan 25, 2025Federal order final decision approved - Dairy Star+0.3%
Jul 1, 2024USDA Issues Recommended Decision Proposing Amendments to all Eleven Federal Milk Marketing Orders | Agricultural Marketing Service-0.7%

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.

Milk (Class III) MILK · GP ▸

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