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
Many milk checks fall well short of covering even the cost of production.
The markets are always filled with surprises and this year has been no exception. Butter prices have reached new highs while dry whey and nonfat dry milk markets have remained flat.
Butter stocks shrank to 289 million pounds, down 40.3 million pounds from July.
Seasonal buying is taking place, but sellers continue to offer product on the spot market leaving buyers unaggressive.
Higher milk prices may not necessarily mean greater income depending on feed prices. The recent hot weather has had an impact on milk production, but it also may have had an impact on crop yields.
Softness in the block cheese market put a damper on early strength in Class III on Friday.
Dairy industry leaders say there are hopeful signs that the milk price situation may improve.
Dairy Markets enjoyed a positive today for Class III and a negative day for Class IV.
A strong finish for Class III milk even though Cheese was sideways.
USDA cold storage completed a quiet but softer dairy trade day.