Milk checks for May milk production will improve thanks to a big jump in the Class III milk price, propelled by a large increase in the value of protein.

Here’s Progressive Dairy’s monthly review of April 2024 FMMO data to provide some additional transparency to your milk check.

Milk checks for April milk production will reflect a lower Federal Milk Marketing Order (FMMO) Class III price and a historically low protein component value.

Here’s Progressive Dairy’s monthly review of November FMMO data to provide some additional transparency to your milk check.

Here’s Progressive Dairy’s monthly review of the numbers to provide some additional transparency to your milk check.

Based on Class III-IV milk futures prices, depooling incentives flip back to Class IV milk handlers in May and June.

Class IV milk represented about 17% of the total milk pooled in all FMMOs in March, the highest volume and percentage since last May.

Uniform prices were lower, the "average-of" Class I mover formula provided a small benefit on Class I prices and more Class IV milk returned to the pool.