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
Aggressive selling hit Class III and butter futures following a bearish Milk Production report, as higher milk flows and weaker spot prices added pressure across the board.
U.S. milk production surged 3.3 percent in June, surpassing expectations and pressuring spot butter prices while 2025 futures climbed on strong export demand.
Butter and Class III futures softened while NDM attracted strong buying interest, setting the stage for potential market movement ahead of USDA’s June Milk Production report.
Despite recent declines in butter prices and mixed Class III futures, steady cheese volumes and strong seasonal demand suggest potential upside for dairy markets heading into late summer.
Cheese and powder markets show signs of strength, while butter continues to struggle heading into late summer.
Class III futures rebounded, led by August gains, as strong U.S. cheese prices begin to weigh on EU competitors.
Cheese and butter prices continued to decline, pulling Class III futures lower, while milk powder found support from stronger GDT auction results.
Spot cheese trading slowed sharply this week, leading to lower prices as August Class III futures moved down amid ongoing market adjustments.
Midwest heat pressures milk output and boosts culling, while block cheese prices dip and test familiar support levels.
Cheese futures hovered near recent lows while spot butter slid below $2.60, pressuring Class IV prices and leaving Class III mostly steady.