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
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.
Whey and Butter find a spark to support Class III milk and drive Class IV higher following a positive Global Dairy Trade.
It has been a difficult year for marketing especially in light of the large negative Producer Price Differentials making it hard to know exactly what you are protecting. Some strategies work better than others.
A stronger CME spot dairy product trade was met with a lower Class III trade on Wednesday but slightly higher Class IV trade.
Dairy markets quietly slid lower after a mixed CME spot trade.
Enrollment for the Dairy Margin Coverage (DMC) program closes Friday, December 11, 2020.