# December FMMO milk class prices lower | Ag Proud

> Announced on Jan. 4, December 2023 FMMO Class II, III and IV milk prices all fell from November, while the Class I base price rose one cent. Class III at $16.04/cwt was the lowest since July, and Class IV ran $3.19 above Class III.

- Date: 2024-01-05 · published 2024-01-05T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/5893-december-fmmo-milk-class-prices-lower-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Lower FMMO class prices shrink producer milk checks, and the wide Class III-IV spread creates Class IV depooling incentives that can affect pooled milk volumes and uniform prices.

## Read by commodity

- MILK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2024-12-05 | [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 | 2024-10-31 | [October FMMO milk class prices dip \| Ag Proud](https://feedsoft.ai/events/4677-october-fmmo-milk-class-prices-dip-ag-proud.md) | -1.6% | -2.0% |
| MILK | 2024-01-15 | [December 2023 FMMO uniform prices lower \| Ag Proud](https://feedsoft.ai/events/32130-december-2023-fmmo-uniform-prices-lower-ag-proud.md) | +0.4% | +7.0% |
| 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/58934-december-fmmo-milk-class-prices-lower

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