# Montana Amends Its Class II & Class III Producer Price Formulas - Morning Ag Clips

> Montana amended its Class II and Class III producer price formulas, effective October 2018, raising producer prices by about 4.3% or roughly $0.70/cwt. The change aligns the state's formulas with federal price structure.

- Date: 2019-07-14 · published 2019-07-14T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/58083-montana-amends-its-class-ii-and-class-iii-producer-price-formulas-morning-ag
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

This is a state-level pricing formula change affecting Montana producer revenue, with negligible effect on national milk or feed prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-03-13 | [Pricing formula change’s unforeseen outcome skims producer profits \| Ag Proud](https://feedsoft.ai/events/48125-pricing-formula-change-s-unforeseen-outcome-skims-producer-profits-ag-proud.md) | -0.7% | +9.2% |
| 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 | 2021-05-06 | [Dairy farmer groups propose  Class III Plus for better milk pricing](https://feedsoft.ai/events/47240-dairy-farmer-groups-propose-class-iii-plus-for-better-milk-pricing.md) | -0.4% | -9.6% |
| MILK | 2024-12-20 | [Dry Whey In Class III Formula Remains Problematic - Cheese Reporter](https://feedsoft.ai/events/27113-dry-whey-in-class-iii-formula-remains-problematic-cheese-reporter.md) | +0.2% | +8.6% |
| MILK | 2018-01-24 | [Weekly Digest: California producers seek emergency hearing, milk price hike -  \| Ag Proud](https://feedsoft.ai/events/67124-weekly-digest-california-producers-seek-emergency-hearing-milk-price-hike-ag.md) | -0.1% | -3.2% |

## Sources

- morningagclips.com: https://www.morningagclips.com/montana-amends-its-class-ii-class-iii-producer-price-formulas/

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