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
Corn and soybean values have tempered slightly since the near-historic highs of May and June this year, but dairy feed bills still will be hefty heading into fall.
Class III milk futures climbed higher on the day. August milk gained 14 cents to $20.09/cwt. September milk surged 54 cents to $19.94/cwt.
Class IV lost significantly more value on Monday as September was off 77 cents, October lost 57, November declined 79 cents, and December lost 40.
It was a mixed bag in the CME dairy product trade. Block cheese and barrel cheese fell, while butter gained. Class III milk futures tumbled lower on the day.
Tuesday’s spot dairy product session was higher and Class III milk futures surge forward.
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!