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
CME spot dairy index prices performed stronger on Friday as cheese led the way.
Despite spot cheese moving lower, class III milk futures rallied.
Prior to the release of the USDA Dairy Products report, the CME spot trade and futures kept the momentum moving higher.
Dairy products were steady to higher Thursday in the CME spot dairy product auction.
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.