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.

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 pooling across all FMMOs represented about 8% of the total milk pooled. It was the 10th month in 2022 that Class IV pooling was below 10% of total milk pooled.

Class IV pooling across all FMMOs represented about 7% of the total milk pooled. It was the ninth month so far in 2022 that Class IV pooling was below 10% of total milk pooled.

The spread between Class IV and Class III milk prices continues to decline, suggesting a reduction in Class IV depooling – but maybe not yet.