◂ Event Timeline

Mar 11, 2022POLICYUS

Rationale Builds for Milk Price Reforms

Cheese Reporter says the case for reforming federal milk marketing order pricing is growing. The other solids component of the Class III price has risen to levels not seen since 2007 because of higher dry whey prices, which cheese makers argue is unfair since most do not produce dry whey.

WHY IT MATTERS

Pricing reform would change how milk value is set for cheese manufacturers, but it has little direct effect on feed supply or demand. The story is mainly about dairy pricing mechanics.

AFFECTSMilk (Class III)◆

SOURCE
cheesereporter.comMar 11, 2022

Price reaction & history

Milk (Class III)◆neutralSO FAR1d -0.3%5d -0.1%20d +7.6%

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.

Oct 2, 2020A Processor Perspective On Price Reforms - Cheese Reporter+3.1%
Oct 31, 2025The New Landscape for Barrels - Cheese Reporter+1.7%
May 23, 2022Could a cheese price fix improve milk checks?+0.4%
Dec 20, 2024Dry Whey In Class III Formula Remains Problematic - Cheese Reporter+0.2%
Nov 1, 2022WCMA Board of Directors Approves Reform Concepts for Federal Milk Orders - Wisconsin Cheese Makers Association-4.2%

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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