# American Dairy Coalition supports return to previous Class I pricing while new options explored

> The American Dairy Coalition board passed a motion backing a temporary return to the previous 'higher of' Class I pricing formula while USDA's formal hearing process considers options. The ADC said the 2019 formula change caused losses above $750 million, and Senator Kirsten Gillibrand, who chairs the dairy subcommittee, criticised the formula at the September 15 hearing.

- Date: 2021-09-20 · published 2021-09-20T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/45218-american-dairy-coalition-supports-return-to-previous-class-i-pricing-while-new
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A possible return to the 'higher of' formula would change Class I milk prices paid to processors, but the proposal is still at an early stage and does not yet alter dairy supply or demand.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-05-18 | [Weekly Digest: Dairy co-ops add support to NMPF petition \| Ag Proud](https://feedsoft.ai/events/36096-weekly-digest-dairy-co-ops-add-support-to-nmpf-petition-ag-proud.md) | +0.1% | -7.8% |
| MILK | 2023-08-31 | [Dairy Products Pricing Report Captures Small Portion of Sales Volumes \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/34592-dairy-products-pricing-report-captures-small-portion-of-sales-volumes-farm.md) | -1.5% | -2.6% |
| MILK | 2021-09-22 | [Changing market conditions don’t quell concern over Class I price formula - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/45216-changing-market-conditions-don-t-quell-concern-over-class-i-price-formula.md) | -0.4% | +7.9% |
| MILK | 2020-04-29 | [Hearing on temporary Class I base price hike requested; concerns raised - Progressive Dairy \| Ag Proud](https://feedsoft.ai/events/5183-hearing-on-temporary-class-i-base-price-hike-requested-concerns-raised.md) | -12.4% | -7.1% |
| MILK | 2018-04-26 | [There’s still time to weigh dairy safety net options -  \| Ag Proud](https://feedsoft.ai/events/65654-there-s-still-time-to-weigh-dairy-safety-net-options-ag-proud.md) | +4.8% | +4.9% |

## Sources

- dairyreporter.com: https://www.dairyreporter.com/Article/2021/09/20/American-Dairy-Coalition-supports-return-to-previous-Class-I-pricing-while-new-options-explored/

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