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
The global feed-grade amino acid market is expected to grow steadily in coming years. But this popular class of feed additives also is becoming more expensive to access.
Dairy cattle slaughter in May totaled 216,100 head, down 22,100 head from April and 33,000 lower than May 2023.
July Class III futures rose today to $19.87 per hundredweight, gaining 12 cents.
U.S. milk production dropped 0.9% year-over-year in May.
Processors directing much of the whey stream to WPC and WPI.
Both international demand for cheese and butter improved in April, moving exports significantly above a year ago. However, there may be no further DMC payments for the rest of the year. Here’s why.
It was another day of green in the cheese market. CME spot prices pushed higher, with block values reaching the highest level since August 2023.
Class III milk finished the day mostly unchanged with June down a penny at $19.77 and July up 7 cents to $20.60.
After years of negative margins, it might just be profitable to raise and sell excess dairy replacement heifers again.
Today’s stout April cheese export data offered a good reminder that competitive U.S. prices can help move the needle on exports.