# Could a cheese price fix improve milk checks?

> An industry commentary discusses proposals to change how the US sets its benchmark cheese price in federal milk marketing orders. Trade groups IDFA and NMPF are working through potential changes to the pricing system.

- Date: 2022-05-23 · published 2022-05-23T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/41565-could-a-cheese-price-fix-improve-milk-checks
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Changes to the pricing formula could alter milk price incentives and supply response, but no price change has been decided yet.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-12-20 | [How would FMMO changes affect milk prices?](https://feedsoft.ai/events/32711-how-would-fmmo-changes-affect-milk-prices.md) | -0.1% | -5.9% |
| MILK | 2022-03-11 | [Rationale Builds for Milk Price Reforms - Cheese Reporter](https://feedsoft.ai/events/42417-rationale-builds-for-milk-price-reforms-cheese-reporter.md) | -0.1% | +7.6% |
| MILK | 2020-10-02 | [A Processor Perspective On Price Reforms - Cheese Reporter](https://feedsoft.ai/events/6552-a-processor-perspective-on-price-reforms-cheese-reporter.md) | +3.1% | +7.9% |
| MILK | 2025-06-19 | [Economic Update: July’s Class I base milk price climbs to $18.82 per cwt \| Ag Proud](https://feedsoft.ai/events/24219-economic-update-july-s-class-i-base-milk-price-climbs-to-18-82-per-cwt-ag-proud.md) | +0.5% | -6.5% |
| MILK | 2018-03-14 | [Gillibrand proposal adds milk price floor, MILC-type payments -  \| Ag Proud](https://feedsoft.ai/events/66148-gillibrand-proposal-adds-milk-price-floor-milc-type-payments-ag-proud.md) | +0.6% | +1.4% |

## Sources

- hoards.com: https://hoards.com/article-31973-Could-a-cheese-price-fix-improve-milk-checks.html

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