# [Article Headline] | 2018-01-23 | Agri-Pulse | Agri-Pulse Communications, Inc.

> The International Dairy Foods Association and National Milk Producers Federation have jointly asked Congress to change the farm bill's Class I pricing formula. The proposal would alter how the fluid milk floor price is set based on Class III and Class IV prices.

- Date: 2018-01-24 · published 2018-01-24T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/67126-article-headline-2018-01-23-agri-pulse-agri-pulse-communications-inc
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A change to federal milk pricing rules could affect how processors hedge and how producers are paid, but it does not directly change near-term milk supply or demand.

## Read by commodity

- MILK: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-12-19 | [Disaster bill adds cotton to farm bill \| 2017-12-18 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/67461-disaster-bill-adds-cotton-to-farm-bill-2017-12-18-agri-pulse-agri-pulse.md) | -0.6% | -10.8% |
| MILK | 2018-02-09 | [Congress clears budget deal, farm aid after shutdown \| 2018-02-09 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/66483-congress-clears-budget-deal-farm-aid-after-shutdown-2018-02-09-agri-pulse-agri.md) | -0.1% | +5.3% |
| MILK | 2019-02-27 | [Perdue sets signup goals for farm bill \| 2019-02-27 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/60598-perdue-sets-signup-goals-for-farm-bill-2019-02-27-agri-pulse-agri-pulse.md) | +8.5% | +8.0% |
| MILK | 2021-09-15 | [Lawmakers hear perspectives on milk pricing system at hearing  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/45214-lawmakers-hear-perspectives-on-milk-pricing-system-at-hearing-agri-pulse.md) | +0.1% | +7.8% |
| MILK | 2022-06-29 | [Dairy industry divides over pricing policy ahead of farm bill \| 2022-06-28 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/4557-dairy-industry-divides-over-pricing-policy-ahead-of-farm-bill-2022-06-28-agri.md) | -8.0% | -7.5% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/10503-article-headline

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