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
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.
Class III and Class IV milk prices take a major hit on the chin.
Today’s GDT event was supportive, with increases in powders and cheese fueling further gains in Class III and IV futures.
Limited U.S. milk production likely will offset weakening exports.
Friday brought on late buying as the milk markets finished the week with a swing back higher.
Milk production in April was stronger than expected and may indicate output could exceed a year ago if the current pattern remains. Heightened volatility will persist as traders grapple with reality and perception.