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
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.
Class III milk prices traded 40 cents stronger on Friday in December and reached back up to $16.00/cwt.
With this holiday season looking to be a little different than normal, fewer holiday get-togethers are expected to bring down the demand for one of dairy’s most popular products.
The USDA October milk production report released this week shows U.S. milk production reached nearly 18.6 billion pounds, up 2.3% from 2019.
Over the last several months there has been a large uptick in home baking and cooking, which has caused butter consumption to rise tremendously.