# October FMMO milk class prices dip | Ag Proud

> Announced Oct. 30, FMMO Class II, III and IV milk prices for October 2024 all fell from September. Class II dropped to $21.01/cwt, Class III to $22.85 and Class IV to $20.90, while the advanced Class I base price was set at $23.17.

- Date: 2024-10-31 · published 2024-10-31T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/4677-october-fmmo-milk-class-prices-dip-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower class prices reduce the value of milk and dairy product outputs, weakening dairy-linked feed demand expectations. A Class III premium over Class IV also gives incentives to depool Class III milk.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2024-01-05 | [December FMMO milk class prices lower \| Ag Proud](https://feedsoft.ai/events/5893-december-fmmo-milk-class-prices-lower-ag-proud.md) | -0.5% | +6.6% |
| MILK | 2024-12-05 | [November FMMO milk class prices mixed \| Ag Proud](https://feedsoft.ai/events/27109-november-fmmo-milk-class-prices-mixed-ag-proud.md) | -0.8% | +7.7% |
| MILK | 2025-12-31 | [December 2025 milk class prices mostly lower \| Ag Proud](https://feedsoft.ai/events/9571-december-2025-milk-class-prices-mostly-lower-ag-proud.md) | -5.0% | -7.9% |
| MILK | 2024-11-15 | [Price and pooling factors weigh on October FMMO uniform milk prices \| Ag Proud](https://feedsoft.ai/events/27553-price-and-pooling-factors-weigh-on-october-fmmo-uniform-milk-prices-ag-proud.md) | -0.2% | -5.7% |
| MILK | 2025-12-03 | [November 2025 milk class prices mostly lower \| Ag Proud](https://feedsoft.ai/events/4087-november-2025-milk-class-prices-mostly-lower-ag-proud.md) | -6.9% | -11.3% |

## Sources

- agproud.com: https://www.agproud.com/articles/60578-october-fmmo-milk-class-prices-dip

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