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
EU cheese prices remain the most expensive in the global market place at $2.42 per pound,
CME cheese jumped to prices not seen since May 2022.
While CME cheese advanced just slightly, Class III futures shot higher.
CME cheese led the charge today, with blocks jumping to $2.2700 per pound, adding on four cents to reach a price not seen since June 2022.
Midwest spot prices are $1.75 above class, up from +$1.25 last week and well ahead of the five-year average of -$0.25 at this time
The past few weeks have shown us that the markets are becoming increasingly volatile. The months of September and October will see that volatility continue. Seasonal buying has increased fueled by the potential for tighter inventory.
It was green across the board today in Chicago, with CME cheese rebounding and finishing strong.
Class III futures followed CME cheese prices higher. Q4 contracts prices lifted to $22.16 per hundredweight, up 28 cents.
CME cheese took a tumble today, with barrels dropping to $2.1250 per pound
Butter continued its post-Cold Storage climb, adding $0.0225 to reach a new year-to-date high of $3.1975 per pound.