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
Butter and nonfat dry milk rose in value while both cheese contracts and whey fell.
A big U.S. corn crop could further reduce feed prices.
The CME Spot Trade was flat to negative across all commodities. Grains are having a tough go of it after China ghosted the marketplace.
Dairy products continue to be offered on the spot market even though prices are already low. Sellers seem to want to move product and limit inventory rather than maintain a higher supply for upcoming demand.
Dairy markets continued their downhill decent as we kicked off the first day of May.
The National Milk Producers Federation today submitted to USDA its comprehensive proposal for modernizing the Federal Milk Marketing Order system.
Class III milk saw it’s first green in several days
Milk markets are continuing to struggle under the weight of higher production in the U.S.
Waning milk prices, persistently high feed costs, and spotty feed inventories appear to be the emerging financial story of the 2023 U.S. dairy industry.
Q2 Class III Milk futures lost about 12 cents settling to $18.52.