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
Farmers across the country are being asked to dump their milk, as food service demand crumbled rapidly due to COVID-19. Still, farmers are frustrated that consumers can’t buy as much milk as they want right now.
Class III futures traded quietly for the second day in a row.
Class IV traded 30-35 cents lower in the second quarter of 2021.
Both cold storage and milk production were released Monday.
Class III milk futures were finally able to see green ink to end the week.
February Class III milk prices suffered another 70-cent fall with settlement coming in around $16.45/cwt.
The dairy market failed to get cheese to follow through on last week’s gains and gave back some of the late-week rally.
Last year was the most volatile year on record when it comes to milk prices.
A move lower in cheese on Friday was ignored by the Class III milk markets.