Daily CME Cash Dairy Product Prices ($/lb.)


September 16, 2026

Final Change ยข/lb. Trades Bids Offers
Butter 1.3550 NC 21 12 45
Cheddar Block 1.4325 -0.25 4 1 2
Cheddar Barrel 1.4525 +1.25 1 2 1
NDM Grade A 2.0500 +1.50 5 1 5
Dry Whey 0.7625 NC 0 1 2

Weekly CME Cash Dairy Product Prices ($/lb.)


September 18, 2026

Mon Tue Wed Thur Fri Current Avg. Prior Week Avg. Weekly Volume
Butter 1.3700 1.3550 1.3550 - - 1.3600 1.3806 39
Cheddar Block 1.4200 1.4350 1.4325 - - 1.4292 1.4631 17
Cheddar Barrel 1.4400 1.4400 1.4525 - - 1.4442 1.4975 1
NDM Grade A 1.9950 2.0350 2.0500 - - 2.0267 1.9294 11
Dry Whey 0.7600 0.7625 0.7625 - - 0.7617 0.7575 2

CME Futures Settlement Prices


September 18, 2026

Mon Tue Wed Thur Fri
Class III (SEP) $/CWT 16.15 16.11 16.11 0.00 0.00
Class IV (SEP) $/CWT. 19.11 19.09 19.05 0.00 0.00
Cheese (SEP)$/LB. 1.5610 1.5610 1.5580 0.00 0.00
Dry Whey (SEP) $/LB. 0.6615 0.6615 0.6615 0.00 0.00
NDM (SEP) $/LB. 1.7940 1.7850 1.7920 0.00 0.00
Butter (SEP) $/LB. 1.4550 1.4478 1.4570 0.00 0.00
Corn (DEC'26) $/BU. 5.3400 5.3575 5.3400 0.00 0.00
Corn (DEC'27) $/BU. 5.3450 5.4750 5.4575 0.00 0.00
Soybeans (NOV'26) $/BU. 13.0500 12.7400 13.2150 0.00 0.00
Soybeans (NOV '27) $/BU. 12.6375 12.7400 12.7725 0.00 0.00
Soybean Meal (DEC'26) $/TON 356.40 365.40 366.90 0.00 0.00
Soybean Meal (DEC'27) $/TON 356.40 365.40 366.90 0.00 0.00
Live Cattle (OCT) $/CWT. 222.20 220.63 218.65 0.00 0.00

DAILY DAIRY

REPORTS

Europe Futures Settlement Prices (EEX)

Euro/MT

September 16, 2026

SMP Butter Whey
Sep-26 3,214 4,142 1,675
Oct-26 3,269 4,260 1,700
Nov-26 3,275 4,344 1,725
Dec-26 3,281 4,288 1,750
Jan-27 3,290 4,475 1,750
Feb-27 3,215 4,507 1,725
Mar-27 3,220 4,550 1,700
Apr-27 3,188 4,750 1,675
May-27 3,188 4,825 1,650
Jun-27 3,154 4,900 1,625
Jul-27 3,075 4,975 1,600
Aug-27 3,100 5,025 1,600
Sep-27 3,115 5,075 1,600

New Zealand Futures Settlement Prices (NZX)

US$/MT

September 16, 2026

WMP SMP AMF Butter
Oct-26 3,600 3,715 5,710 4,650
Nov-26 3,675 3,730 5,700 4,640
Dec-26 3,740 3,750 5,700 4,630
Jan-27 3,845 3,755 5,725 4,945
Feb-27 3,940 3,770 5,725 4,950
Mar-27 3,990 3,795 5,725 4,940
Apr-27 4,115 3,825 5,750 5,045
May-27 4,110 3,865 5,750 5,145
Jun-27 4,105 3,825 5,750 5,205
Jul-27 3,845 3,595 5,825 5,270
Aug-27 3,860 3,500 5,780 5,255
Sep-27 3,850 3,400 5,845 5,260