# Lawmakers hear perspectives on milk pricing system at hearing  | Agri-Pulse Communications, Inc.

> At a Senate Agriculture subcommittee hearing on September 15, 2021, some dairy producers and cooperatives called for revisions to the federal milk pricing system, while an independent processor urged that it be disbanded. Witnesses cited pandemic-era market disruptions, a surge in butter production and cheese purchases tied to the Food Box program, and a 2018 farm bill formula change that widened price gaps between milk classes.

- Date: 2021-09-15 · published 2021-09-15T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/45214-lawmakers-hear-perspectives-on-milk-pricing-system-at-hearing-agri-pulse
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Disputes over Class I pricing formulas could eventually change how milk is priced to processors and farmers, but the hearing itself produces no immediate change in supply or demand for dairy feed inputs.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-11-08 | [High stakes milk producers as they await action from USDA, Congress \| 2017-11-07 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/10558-high-stakes-milk-producers-as-they-await-action-from-usda-congress-2017-11-07.md) | +2.1% | -5.8% |
| MILK | 2018-01-24 | [Article Headline \| 2018-01-23 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/67126-article-headline-2018-01-23-agri-pulse-agri-pulse-communications-inc.md) | -0.1% | -3.2% |
| MILK | 2022-06-29 | [Dairy industry divides over pricing policy ahead of farm bill \| 2022-06-28 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/4557-dairy-industry-divides-over-pricing-policy-ahead-of-farm-bill-2022-06-28-agri.md) | -8.0% | -7.5% |
| MILK | 2017-12-19 | [Disaster bill adds cotton to farm bill \| 2017-12-18 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/67461-disaster-bill-adds-cotton-to-farm-bill-2017-12-18-agri-pulse-agri-pulse.md) | -0.6% | -10.8% |
| MILK | 2019-02-27 | [Perdue sets signup goals for farm bill \| 2019-02-27 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/60598-perdue-sets-signup-goals-for-farm-bill-2019-02-27-agri-pulse-agri-pulse.md) | +8.5% | +8.0% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/16479-lawmakers-hear-perspectives-on-milk-pricing-system-at-hearing

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