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
Class IV milk saw August fall 13 cents to $18.81/cwt, September fell 19 to $18.91, and October plummeted 39 cents to $18.95/cwt.
Dairy markets resumed their rally on Monday with Class III prices closing 40 cents stronger in the August and September months.
After giving back some of last week’s big gains in Class III Milk, prices bounced back on Friday.
Class III markets continue to be confused on which direction they want to go.
Changing demographics could eventually diminish China’s Importance in global dairy markets.
Cheese prices made a dramatic turn over the past month as buyers turned aggressive.
July ag economists’ monthly monitor reveals milk price expectations into 2024.
Class III milk continued its aggressive rally trading limit higher in August, September, October, and November
A limit move-up in September Class III milk came from the result of a bullish milk production report coupled with a second consecutive healthy cheese spot trade.
Those in Class III markets will feel the brunt of some of the lowest prices in years. While relief is coming in the form of lower feed prices, a drop in costs won’t be enough to offset their declining milk checks.