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A coalition of Wisconsin-based dairy farmers asked USDA to specify what is needed to hold a national hearing on changing federal milk marketing order pricing. The dispute centers on the Class I mover, changed in 2019 to an average of Class III and IV prices plus 74 cents.
The pricing formula dispute affects how fluid milk is valued, but a hearing outcome is uncertain and no immediate supply or price change follows.
capitalpress.comStaff ReportsMay 31, 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.
