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
Cheddar was the sole product settling in the green today, up 1.3% for Global Dairy Trade 288.
The CME spot trade saw blocks jump 8 ¾ cents higher on 2 trades to $1.71/lb and Barrels jumping 4 cents higher to $1.55/lb.
Overall demand for U.S. dairy appears headed back to pre-pandemic levels.
What can we expected for milk production and milk prices if the drought continues and corn prices move above and/or stay above $7.00 or maybe even $8.00?
The grain markets experienced a rough start to the week on Monday as weather forecasts 10-14 days out predict cooler and wetter patterns to bring relief to areas in need of some rain.
Class III milk futures finished the week trading a tight window of prices.
Class III futures were mixed today. June milk lost a dime to $17.05/cwt. July slid 18 cents to $17.44/cwt. August milk declined slightly with September and October finishing in green.
June Dairy Month brings us a CME spot trade of mostly green
There have been significant changes made in the dairy industry over the past 10 years which may have an impact on the effects of milk production due to high grain prices.