# October FMMO Class III-IV prices rise, gap shrinks | Ag Proud

> The October Federal Milk Marketing Order Class III milk price rose $1.99 to $21.81 per cwt, and the Class IV price rose 33 cents to $24.96. The gap between the two class prices narrowed, and the Class I base price fell 91 cents to $22.71.

- Date: 2022-11-03 · published 2022-11-03T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/8818-october-fmmo-class-iii-iv-prices-rise-gap-shrinks-ag-proud
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A narrower Class III-IV spread may affect whether Class IV milk returns to FMMO pools, which influences regional milk supply. The higher Class III price reflects firmer cheese-based demand for milk.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2022-04-14 | [FMMO uniform prices, Class IV depooling march on \| Ag Proud](https://feedsoft.ai/events/42000-fmmo-uniform-prices-class-iv-depooling-march-on-ag-proud.md) | +0.4% | +3.0% |
| MILK | 2024-02-29 | [February FMMO milk class prices inch higher \| Ag Proud](https://feedsoft.ai/events/5460-february-fmmo-milk-class-prices-inch-higher-ag-proud.md) | -4.1% | -4.8% |
| MILK | 2022-03-08 | [Economic Update: February Class III-IV milk prices higher \| Ag Proud](https://feedsoft.ai/events/42420-economic-update-february-class-iii-iv-milk-prices-higher-ag-proud.md) | -0.9% | +4.2% |
| MILK | 2026-09-02 | [Class III milk price rebounds in August as others fall \| Ag Proud](https://feedsoft.ai/events/17621-class-iii-milk-price-rebounds-in-august-as-others-fall-ag-proud.md) | -2.9% | -10.3% |
| 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% |

## Sources

- agproud.com: https://www.agproud.com/articles/56383-october-fmmo-class-iii-iv-prices-rise-gap-shrinks

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