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
Returning from the extended holiday weekend, dairy markets opened the week on a bearish note.
Class III futures have made an impressive increase over the past month with the June contract increasing by over $4.00 per cwt. The last time we saw this movement in an actively traded contract was in the spring of 2020.
Elimination of some Green Deal requirements for farmers could reduce declines in EU milk production going forward
Rabobank believes slow but steady dairy commodity price gains will materialize in the second half of this year.
Cow numbers are lower than a year ago, but fewer cows are being culled than anticipated. The lower availability of replacements and strong interest in beef-on-dairy may influence the level of culling.
Milk markets put in one of its quieter days over the past month on Monday.
International demand needs to pick up before U.S. milk prices can increase significantly.
It seems as if the dairy industry has taken HPAI in stride. Price fluctuations have been the result of buyers of the physical commodity on the CME daily spot market doing normal business.
Green returned to milk markets Friday as we finish the week on a strong note in a highly volatile market.
Third quarter Class III futures dropped to $18.02 per hundredweight, a 14-cent loss.