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
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.
Global Dairy Trade event #298 took place Tuesday morning and the price index closed 1.5% lower.
New trade agreements and strong demand north of the border created a strong pull on U.S. dairy
Class III milk futures were mixed. January milk declined 21 cents to $19.59/cwt. February added 1 penny to $19.95/cwt.
2022 Class IV milk has a $20.43 average, pulling ahead of Class III.