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
Class III milk futures soared on the day. June gained 22 cents to $24.79/cwt. July milk launched a 42-cent gain to $24.82/cwt. 2023 milk futures also saw nice increases.
Analysts predict the possibility of $10.00/bu. corn in the coming year is not out of the question.
It is important to know that the success of the entire production will be based on determining a proper date to cut for the highest yield and quality.
May milk moves back over $25, as the rest of the dairy markets took a nap.
Class III Milk saw May gain 51 cents to $24.72, June gained 37 to $24.30 and July gained 39 to $24.12/cwt.
Butter prices at the latest Global Dairy Trade event plunged 12.5% to $5,807 per metric ton, or $2.63 per pound on an 80% butterfat equivalent.
Milk futures have been impacted significantly by dry whey and nonfat dry milk, making rebounds to previous highs more difficult to achieve.
Class III milk markets settled 40-50 cents lower although certain months were trading down near a limit of 75 cents near the close.
Dairy Markets make a nice rebound Thursday as the CME spot trade finds support.
