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 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.
Colder temperatures across the northern states brought frost and uncertainty surrounding the severity of damage and inserted risk premium back into the market.
Blocks and barrels continued to slip lower to close out the week in the CME Cash Dairy Product Trade.
Butter melted away most of last week’s gains, falling 5.25 cents to $1.8225 per lb. in the CME Spot Dairy Auction.
Friday wrapped up a week of big swings for most commodities.
Class III gave back some of yesterday’s impressive gains.