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
Supply concerns and rising global prices continued to drive CME barrels higher.
Seasonal demand is providing support to the market. This support may continue for a time as supply has tightened and demand is improving.
Harvest is underway across much of the Midwest, with 9% of the U.S. corn crop now in the bin, ahead of the five-year average of 6%.
The CME barrels market didn’t show signs of slowing its ascent, adding a nickel to reach $2.4850 per pound. That’s the highest price since November 2020.
Spot cheese was mixed, with blocks dipping to $2.2800 per pound and losing 3.5 cents, while barrels rose to $2.4350 per pound, tacking on five cents.
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