Commodity Markets, Prices & Futures

International demand needs to pick up before U.S. milk prices can increase significantly.

It seems as if the dairy industry has taken HPAI in stride. Price fluctuations have been the result of buyers of the physical commodity on the CME daily spot market doing normal business.

Green returned to milk markets Friday as we finish the week on a strong note in a highly volatile market.

Third quarter Class III futures dropped to $18.02 per hundredweight, a 14-cent loss.

Friday's rally in cheese followed through on Monday to have Class III milk testing a limit move for a few minutes.

So far, HPAI has not had an impact on milk futures or the underlying cash prices. However, HPAI has not had an impact on milk futures or the underlying cash prices.

As we look forward to spring and come out of the Easter weekend, we see a bounce back in our CME spot trade.

Southwest plant expansions will likely draw milk from distant regions