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
Producers want to know: “Why is milk production remaining high even with lower milk prices and farms going out of business?”
February Class III futures dropped to $15.68 per hundredweight, losing 21 cents.
Spot product markets were mainly unchanged to start the week on Monday.
2024 should be a good year for U.S. cheese exporters.
Class III and Class IV milk markets gave up some ground today. But how much?
As much of the U.S. digs out of snow and bitter cold weather, the milk markets were mixed and continue sideways.
The hope is that depressed milk prices will be short lived. However, without a significant increase in demand or tighter milk supply or both, low prices may be with us for a longer duration.
Just how low will milk prices go? Slower exports, weaker demand and global inflation have all been an anchor on the potential for higher dairy product prices. Will we finally start to see some relief in 2024?
Dairy markets continued their descent on Monday following another day of weak cheese performance on the CME spot dairy auction.
CME product markets on Monday tilted to the negative side to kick off the week.
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