The Federal Milk Marketing Order (FMMO) regional uniform milk prices were mostly improved in June, fully reflecting revisions to the FMMO pricing formula. Administrators of the 11 FMMOs reported June prices and pooling data July 11-14. Here’s Progressive Dairy’s monthly review of the numbers to provide some additional transparency to your milk check.

Coyne jenn
Jenn Coyne
Editor / Progressive Dairy

Uniform milk prices, PPDs

Statistically uniform milk prices rose in 10 of the 11 FMMOs from May to June with the average uniform price reflecting a 45-cent month-over-month improvement (Table 1). The average FMMO uniform price was recorded at $20.10 per hundredweight (cwt).


In reviewing individual orders for June, the top average price was $22.95 per cwt in the Florida FMMO, up 4 cents from May. The FMMO with the lowest average was the Pacific Northwest at $18.88 per cwt, yet up 39 cents from the previous month.

Compared to May, June base producer price differentials (PPDs) were mixed in the seven applicable FMMOs (Table 1). PPDs have zone differentials, meaning some PPDs could be negative, and milk handlers may also apply PPDs and other “market adjustment factors” differently to your milk check.

Class prices for June

Milk prices were mixed in June with FMMO amendments supporting Class III and Class IV price improvements:

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  • Class I base price: The base price fell $1.11 per cwt from May to June for a Class I base price of $17.26 per cwt. The price marks the lowest Class I base price for 2025 to date and $2.82 less than June of last year.
  • Class I base with zone differentials: Class I zone differentials are added to the base price principal pricing points to determine the actual Class I price in each FMMO. June’s Class I prices should average about $21.38 per cwt across all FMMOs, with the highest in the Florida FMMO at $24.06 per cwt and the lowest in the Arizona FMMO at $19.86 per cwt.
  • Class I mover formula: The spread in the monthly advanced Class III skim milk pricing factor ($8.55 per cwt) and advanced Class IV skim milk pricing factor ($8.44 per cwt) was an 11-cent difference in June and resulted in the Class III skim milk pricing factor used as the Class I mover.
  • Class II: At $18.43 per cwt in June, the Class II milk price decreased 29 cents from the previous month and was down $3.17 per cwt from June 2024.
  • Class III: The June Class III milk price improved 25 cents per cwt from May to $18.82 per cwt. Yet, it’s down $1.05 per cwt from the same month last year.
  • Class IV: At $18.30 per cwt, the Class IV milk price rose 17 cents from the previous month but fell $2.78 per cwt from June 2024.

Component values, tests

The value of butterfat rose again with a price of $2.74 per pound, up 8 cents from May. Milk protein increased 5 cents from May to June for a price of $2.53 per pound, the same price recorded in February.

Compared to May, the June value of nonfat solids was $1 per pound, down 3 cents. Other solids were also down from the previous month, settling at 29 cents per pound in June, down 3 cents from May.

Influencing statistical uniform prices “at test,” June’s average butterfat and protein tests in pooled milk were lower in all reporting FMMOs which provide preliminary data, with the spread being as small as no change to a 7-cent drop per cwt from May to June. Somatic cell counts in the few FMMOs reporting monthly averages were slightly higher from May to June.

Pooling totals

The USDA releases preliminary June milk production estimates July 22. Pooled milk volumes in Classes I, III and IV were down from the previous month, with Class II being the sole class to post a gain on a milk volume basis (Table 2). The total milk volume pooled through FMMOs in June was estimated at 12.13 billion pounds, 789.6 million pounds less than in May.

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June Class II pooling was up about 378.1 million pounds from the previous month and representing 17% of the total milk pooled for the month. Class I was down about 334.5 million pounds, representing 24.9% of total pooled milk; Class III was down 458.1 million pounds, representing 34.5% of total pooled milk; and Class IV was down 374.9 million pounds, representing 23.6% of total pooled milk.

While pooling was down in most every class, Class III remained the preferred class for all milk pooled during June.

Looking ahead

July uniform milk prices and pooling totals will be announced Aug. 11-14. Based on FMMO advanced prices and current prices, monthly uniform prices are expected to be favorable as markets strengthen in the third and fourth quarter of 2025.

  • Class I base price: The base price rebounded $1.56 per cwt from June to July, leading to a Class I base price of $18.82 per cwt but remained $2.29 per cwt lower from the same month a year ago.
  • Class I mover formula: The spread in the monthly advanced Class III skim milk pricing factor ($9.66 per cwt) and advanced Class IV skim milk pricing factor ($8.97) was 69 cents. July’s price is reflective of the monthly advanced Class III milk pricing factor ($9.66) being the “higher-of” and used as the Class I mover in the milk pricing formula.
  • Other class prices: July Class II, III and IV milk prices will be announced July 30. As of end of trading July 11, the Chicago Mercantile Exchange (CME) Class III milk futures prices settled at $17.37 per cwt. The July Class IV milk futures closed at $19.01 per cwt. If these prices hold, the July Class III-IV milk price gap will be $1.64, adding incentives for Class IV pooling.

Other information

Also, check the Progressive Dairy website later this month for milk production, cull cow marketing, risk management and DMC program margin updates.