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 III milk markets finished Friday slightly higher for the first time in what seems like forever.
The U.S. butter inventory finished November at 200 million pounds.
Class III Q1 milk futures averaged $19.04, down just over 17 cents.
After some volatile stretches through the year, feed prices are posting a lower drama level as 2022 wraps up.
The end of the year generally brings slower demand, and this year may be impacted more than usual due to higher food prices.
China has eased some COVID protocols, but that did not translate into significant news for dairy.
Q1 Class III markets plummeted to $19.29, giving up 33 cents on the day.
Q1 Class III Futures gave up 28 cents settling in at $19.62/cwt as Q1 All-cheese futures declined almost 2 cents to $1.9943/lb.
Class III Milk futures have sustained their rally from the end of last week, with December settling upward 7 cents at $20.48.
A sideways spot trade fed the week of falling milk prices.