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The USDA's March Federal Milk Marketing Order Class I base price rose 77 cents to $15.47/cwt, and March Class II, III and IV prices all climbed more than $1 from February. The March Class III price reached $16.16/cwt and Class IV rose $2.65 to a higher level.
Prices remain well below March 2025 levels.
Higher class prices improve producer milk checks and point to firmer raw milk values across the US market. Stronger milk prices raise the cost of dairy-based feed ingredients and dairy-linked demand signals for feed buyers.
agproud.comJenn CoyneApr 1, 2026After 237 past bullish report events, Milk (Class III) moved a median +0.0% over 5 sessions (51% higher; middle half -0.3% to +0.6%), and +1.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
March Class III announced at $16.16, up more than $1 from February, which reinforced the price strength and supported futures.
The March Class I, II, III and IV prices announced on 2026-04-01 all rose more than $1 from February, which supports the futures rally through a stronger spot price signal.
March FMMO Class III rose more than $1 to $16.16, confirming strong spot cheese/whey pricing and lifting futures sentiment.
March Class III/IV announced prices rose over $1 from February, confirming a firming price trend, though the announcement came around the move and is partly a lagging indicator.
