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
Through this economic swing between bull and bear markets, risk management becomes paramount to negate volatility.
The CME spot dairy auction saw butter take the dip that most had expected for quite some time.
It certainly has not seemed like there’s been a seasonality to cheese prices this year, but price movement shows otherwise. However, milk futures have not reflected that due to an overall bearishness in the market.
Class III milk futures slid 32 cents lower for the month of December.
Milk continues to struggle to find momentum higher. Here’s where the prices landed today.
Many farmers have not developed a marketing plan to protect milk prices. This leaves the farm open to risk and the possibility of significant financial loss which could put the farming operation in jeopardy.
Class III milk futures markets regained a very small portion of what was lost from Friday.
A shortage of fresh barrel cheese has been driving the inverted price spread.
Forecasters predict milk prices to drop sharply in 2023.