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
The bears drove the market Wednesday as we saw most commodities move lower.
Global Dairy Trade event 304 concluded on Tuesday with the overall price index down 0.9%.
April milk jumped 39 cents to $23.39 per cwt. May milk finished 43 cents higher to $23.50 per cwt.
Strong global demand for dairy continues to push cheese and butter prices to fresh highs.
Each supply regions faces a basket of production challenges.
Cheddar stole the show, settling nearly 11% higher to an all-time high average price of $2.96 per lb.
Class III milk closed with a strong session as futures months were up 5 to 27 cents.
With current milk prices where they are and the optimism prevalent in the market, there have been comparisons made to 2014 when we experienced the highest milk prices on record with the All-milk price averaging $23.98.
July and August 2022 led market strength adding 13 cents/cwt each.
Today’s Global Dairy Trade event 302 concluded with the GDT Price Index 4.2% higher.