# USDA Raises Class I Milk Price Above $20, Farmers Celebrate Until Milk Checks Arrive

> The USDA announced that the November Class I base milk price rose $1.39 to $20.27 per hundredweight. The article explains that the base price is only a starting point, with location differentials, component values, class prices and pooling rules affecting what producers actually receive.

- Date: 2026-11-04 · published 2026-11-05T00:07:34.055Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/80640-usda-raises-class-i-milk-price-above-20-farmers-celebrate-until-milk-checks
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A higher Class I base lifts the fluid milk price floor, which supports dairy feed demand and milk prices, though final farm receipts depend on blend and class adjustments.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2017-06-23 | [The Farmer's Exchange Online USDA Sees Less Milk in 2017-18
and Raises Class 3 Price Forecast](https://feedsoft.ai/events/70507-the-farmer-s-exchange-online-usda-sees-less-milk-in-2017-18-and-raises-class-3.md) | -4.0% | -5.2% |
| MILK | 2021-12-22 | [The 2021 Class III milk price forecast was raised](https://feedsoft.ai/events/43591-the-2021-class-iii-milk-price-forecast-was-raised.md) | -0.3% | +9.6% |
| MILK | 2023-04-12 | [Weekly Digest: USDA raises 2023 Class III price projection \| Ag Proud](https://feedsoft.ai/events/36565-weekly-digest-usda-raises-2023-class-iii-price-projection-ag-proud.md) | +0.1% | -11.9% |
| MILK | 2021-11-15 | [BULK MILK PRICE INCHES UPWARD FOR FARMERS -](https://feedsoft.ai/events/44202-bulk-milk-price-inches-upward-for-farmers.md) | -0.2% | +3.3% |
| MILK | 2026-03-13 | [USDA Raises 2026 Milk Production Forecast, Most Dairy Product Price Forecasts - Cheese Reporter](https://feedsoft.ai/events/20167-usda-raises-2026-milk-production-forecast-most-dairy-product-price-forecasts.md) | -0.2% | +5.4% |

## Sources

- farm.fm: https://farm.fm/usda-raises-class-i-milk-price-above-20-farmers-celebrate-until-milk-checks-arrive/

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