# February FMMO milk class prices inch higher | Ag Proud

> USDA announced February 2024 Federal Milk Marketing Order class prices on February 28, with Class II at $20.53, Class III at $16.08 and Class IV at $19.85 per cwt, all slightly higher than January. The advanced Class I base price fell 49 cents to $17.99.

- Date: 2024-02-29 · published 2024-02-29T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/5460-february-fmmo-milk-class-prices-inch-higher-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher Class III and IV prices modestly lift farm milk checks, and the wide Class IV over Class III spread keeps depooling incentives in place.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-03-08 | [Economic Update: February Class III-IV milk prices higher \| Ag Proud](https://feedsoft.ai/events/42420-economic-update-february-class-iii-iv-milk-prices-higher-ag-proud.md) | -0.9% | +4.2% |
| MILK | 2017-03-01 | [Milk prices, margins held in January -  \| Ag Proud](https://feedsoft.ai/events/5044-milk-prices-margins-held-in-january-ag-proud.md) | -5.5% | -6.2% |
| MILK | 2022-04-14 | [FMMO uniform prices, Class IV depooling march on \| Ag Proud](https://feedsoft.ai/events/42000-fmmo-uniform-prices-class-iv-depooling-march-on-ag-proud.md) | +0.4% | +3.0% |
| MILK | 2026-04-09 | [USDA increases 2026 milk production estimates, Class III and all-milk prices projected higher \| Ag Proud](https://feedsoft.ai/events/19719-usda-increases-2026-milk-production-estimates-class-iii-and-all-milk-prices.md) | -1.4% | -0.4% |
| MILK | 2026-03-05 | [February milk prices to get boost from dairy byproducts \| Ag Proud](https://feedsoft.ai/events/4599-february-milk-prices-to-get-boost-from-dairy-byproducts-ag-proud.md) | -2.5% | +5.6% |

## Sources

- agproud.com: https://www.agproud.com/articles/59232-february-fmmo-milk-class-prices-inch-higher

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