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
Today’s green on the CME started with stimulus talk and was fed by another positive move in the Global Dairy Trade Event.
Futures once again sold off late in the session after showing initial strength. December gained 1 penny to $15.80.
A stronger open across the forward curve was seen early and peaked after the CME spot dairy auction at limit up in Q1 2021.
First half 2021 ended the session with an average north of $17 while second half prices are now pushing $17.40/cwt.
Green lit up the commodity markets on Wednesday.
Products across the board were neutral to modestly higher Tuesday in the CME Cash Dairy Product Trade.
Policy analysts agree direct payments at 2020 levels are unlikely to continue under the Biden Administration.
Class III milk futures soared to follow up Friday’s USDA solicitation announcement purchases on both butter and fluid milk.
Class III milk started the day higher, buy lost steam into the end of trading.