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
Cheese futures remain strong relative to spot as Class III prices dip and active trading reflects ongoing demand.
Butter pushed to an eight-month high while Class III milk futures slipped on weaker cheese markets, lower feed costs and continued trade uncertainty despite a short-term tariff extension.
Cheese block prices fell nearly five cents, dragging Class III futures lower, while grains and feeder cattle saw solid gains ahead of the holiday weekend.
As temperatures rise and cows begin to feel the effects of heat stress, nutritional strategies become key to maintaining intake, metabolism and productivity.
Cheese futures slipped while spot prices inched higher, narrowing the gap, as U.S. butter and powder markets held firm despite weaker global auction results.
Cheese markets rebounded sharply as spot prices finally aligned with last week’s futures rally, while USDA crop reports delivered largely neutral news for grains.
Class III milk futures rebounded sharply Friday, with August contracts jumping $0.63 to $18.33 as bargain buying, Midwest heat and active cheese trade lifted the market.
Heavy spot cheese trading continues as U.S. prices hit global bargain levels, raising questions about how much cheese remains on the market.
Spot cheese prices edged up on strong trading volume as USDA’s neutral Cold Storage report showed seasonal inventory increases but year-over-year declines.
Spot cheese prices slid sharply with blocks closing below $1.60 for the first time since March, dragging July Class III under $17 and creating a strong carry incentive for storage and hedging.