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
Spot butter climbed to $2.9350, the highest price since September 2015 with an impressive volume of 18 trades taking place in the CME Spot Dairy Auction.
The market is trying to find the balance between perception and reality. Exports have been exceptional, and the potential is for increased exports to Canada due to the USMCA panel determination. Prices will be volatile.
Butter continued to rocket higher, gaining 3 ¾ cent to $2.78/lb.
There are similarities between markets today and those we experienced in 2014, but important differences could mean sustained higher price levels this time around.
Heavy demand, falling milk production, and a shortage of labor combine to send butter prices to four-year-highs.
Butter continued its wild ride – gaining 6 cents on 3 trades to finish at $2.71 per lb.
Class III milk futures saw a limit move of 75 cents higher starting in February out through April.
How are livestock and dairy markets set up for 2022? Bryan Doherty with Total Farm Marketing paints a picture of what could come.
Spot butter surged 9.50 cents higher to $2.40/lb in the CME Spot Dairy Auction.
There is concern over the potential for a tighter supply of dairy products. This is increasing the interest of buyers to purchase more aggressively earlier than usual.