Commodity Markets, Prices & Futures
Use the chart below to check futures prices for commodities. Click the links for pricing on grains, livestock, milk prices, and more and stay on top of what’s going on in the markets. Cash price reflects the USDA Chicago terminal.
Latest News from Markets
USDA AMS announced its Final Decision on changes to the Federal Milk Marketing Orders, making only minor adjustments from the Recommended Decision in July.
Butter sales jumped 23% year-over-year.
High cheese prices and declining feed costs have finally dealt dairies a winning hand.
Butter production in September totaled 159.2 million pounds, up 11.3%
November futures settled at $20.25 per hundredweight, up 13 cents, while Q1 prices came in at $19.68 per hundredweight, 10 cents higher.
Nearby Class III contracts fell along with spot cheese, with November futures dropping to $20.12 per hundredweight, down 15 cents, and December declining to $19.46, 21 cents lower.
Like spot cheese prices, Class III futures were mixed.
Class III futures were mixed, with the November contract up nine cents to $20.22 per hundredweight and December down 16 cents to $19.94.
Warm, dry weather allowed farmers to advance corn harvest, with 81% of the crop now out of the field, a jump from 65% harvested last week.
Class III futures moved lower along with CME cheese.