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

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

Milk checks for September production will again reflect stronger protein and Class III milk prices. That will change on October production, with struggling cheese prices weakening the Class III price and widening the Class III-IV price spread, adding substantial Class IV depooling incentives.

Here’s Progressive Dairy’s monthly review of August 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.

It’s not a playground, but FMMO prices teeter pooling totals.

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.

It wasn’t a rush to the pools but Class IV represented about 12.5% of the total milk pooled in all FMMOs in January, the highest volume and percentage since last May. It probably won't last.