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
Across the board, Class III traded lower with the vast majority of the day’s volume focused in the September and October 2025 contracts.
While spot block prices experienced a marginal increase, giving a push to cheese futures, Class III prices didn’t fare as well.
Dairy markets opened the week on a stronger note, with cheese and butter prices rebounding and Class III and IV futures gaining momentum.
Despite softer spot cheese prices, tight milk supplies and steady demand continue to underpin market strength.
Cheese prices climbed to their highest level in nearly two months, while Class III futures and butter prices moved lower.
Spot cheese prices pushed higher, lifting September Class III, while butter losses brought Class III and IV prices closer to parity.
After a strong start to the week, the spot cheese market slowed, but Class III futures continued to climb, supported by bullish sentiment in feeder cattle and a brief dip in corn below $4.00
CME spot cheese prices climbed to their highest levels since mid-June, fueled by record U.S. export demand, though futures markets remained cautious.
Spot cheese prices surged to their highest levels since June, fueling a sharp rally in Class III futures as traders look ahead to the upcoming June trade data report.
Cheese prices climbed above $1.70 for the first time in a month, lifting nearby Class III futures, while 2026 contracts slid to their lowest level since April.