# August FMMO uniform prices dip, Class IV pooling plummets  | Ag Proud

> Administrators of the 11 Federal Milk Marketing Orders reported August 2022 uniform milk prices, which fell from July after record highs in June. Seven FMMOs saw uniform prices drop by more than $1/cwt, led by Class III-heavy regions, as lower protein values pressured Class III prices. Class I base price fell 74 cents to $25.13/cwt.

- Date: 2022-09-16 · published 2022-09-16T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/39591-august-fmmo-uniform-prices-dip-class-iv-pooling-plummets-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower Class III values, driven by weaker protein prices, reduce US farm milk returns and signal softer dairy feed-demand expectations. The downtrend in US milk prices is bearish for MILK.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-08-31 | [August FMMO class prices drop but Class IV-Class III gap widens \| Ag Proud](https://feedsoft.ai/events/40036-august-fmmo-class-prices-drop-but-class-iv-class-iii-gap-widens-ag-proud.md) | -1.4% | -1.1% |
| MILK | 2024-10-31 | [October FMMO milk class prices dip \| Ag Proud](https://feedsoft.ai/events/4677-october-fmmo-milk-class-prices-dip-ag-proud.md) | -1.6% | -2.0% |
| MILK | 2024-11-15 | [Price and pooling factors weigh on October FMMO uniform milk prices \| Ag Proud](https://feedsoft.ai/events/27553-price-and-pooling-factors-weigh-on-october-fmmo-uniform-milk-prices-ag-proud.md) | -0.2% | -5.7% |
| MILK | 2024-01-15 | [December 2023 FMMO uniform prices lower \| Ag Proud](https://feedsoft.ai/events/32130-december-2023-fmmo-uniform-prices-lower-ag-proud.md) | +0.4% | +7.0% |
| MILK | 2025-01-15 | [December 2024 FMMO uniform milk prices decline \| Ag Proud](https://feedsoft.ai/events/26663-december-2024-fmmo-uniform-milk-prices-decline-ag-proud.md) | +0.0% | -0.2% |

## Sources

- agproud.com: https://www.agproud.com/articles/56065-august-fmmo-uniform-prices-dip-class-iv-pooling-plummets

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