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
With the holiday baking season knocking on consumers doors, just how long will these elevated butter prices last?
Class III milk rocketed higher though September stayed unchanged at $19.79.
Compared to a year ago, dairy product values are up considerably. Unfortunately, feed costs continue to surge upward as well.
Butter had a good day as it moves to levels we have not visited since September of 2015!
Even with strong export demand and overall domestic demand holding well, there is still too much cheese.
Class III milk futures ended the trading day mixed. October milk added 3 cents to $19.97/cwt. November milk fell 9 cents to $20.60/cwt.
Futures markets added 16 to 45 cents in the 2022 months while 2023 saw Q1 gain 23-30 cents.
A ho-hum spot trade continue to cause milk prices to erode lower.
Class III markets declined 32-45 cents/cwt September through December 2022.
Factors influencing the markets have changed over the years which has had an impact on market seasonality.