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
Markets can be driven by trader psychology for a period of time and can result in prices being overdone to one side or the other. In the end, fundamentals rule. Recent reports may indicate the market may see a change.
August milk slipped 50 cents to $20.19/cwt. September also fell 50 cents to $20.01/cwt.
Increased cost of production has somewhat been compensated for by increased milk prices. But do milk prices need to remain high just because?
Class III milk futures were lower across the board. July milk was down 22 cents to $22.58/cwt. August milk declined 46 cents to $22.87/cwt.
Some dairy producers have just received their highest milk check to date. What’s the highest milk price you’ve ever received? Vote in our latest poll!
Consumers who are battling soaring food prices try to stretch their grocery budgets.
July milk gained 22 cents to $22.65/cwt. August moved 6 cents higher to $23.14/cwt. September milk settled at $23.57/cwt. Class IV milk prices were slightly lower.
Butter softened a half cent to $2.91/lb, barrels lost a half cent to $2.1425/lb, and nonfat dry milk declined a penny to $1.78/lb.
This past March marked the highest ever U.S. monthly average milk price at $25.90 per cwt. But since that time dairy has been on the downswing.
Class III milk was up 3 in June to $24.34, July up 1 to $24.25 and August up 1 to $24.40/cwt. The balance of the year was weaker unchanged to 27 lower.