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


September 15, 2026

Final Change ยข/lb. Trades Bids Offers
Butter 1.3550 -1.50 18 10 54
Cheddar Block 1.4350 +1.50 9 1 1
Cheddar Barrel 1.4400 NC 0 0 0
NDM Grade A 2.0350 +4.00 3 5 2
Dry Whey 0.7625 +0.25 2 4 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 - - - 1.3625 1.3806 18
Cheddar Block 1.4200 1.4350 - - - 1.4275 1.4631 13
Cheddar Barrel 1.4400 1.4400 - - - 1.4400 1.4975 0
NDM Grade A 1.9950 2.0350 - - - 2.0150 1.9294 6
Dry Whey 0.7600 0.7625 - - - 0.7613 0.7575 2

CME Futures Settlement Prices


September 18, 2026

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

DAILY DAIRY

REPORTS

Europe Futures Settlement Prices (EEX)

Euro/MT

September 15, 2026

SMP Butter Whey
Sep-26 3,185 4,148 1,675
Oct-26 3,225 4,225 1,700
Nov-26 3,305 4,317 1,725
Dec-26 3,290 4,325 1,750
Jan-27 3,288 4,475 1,750
Feb-27 3,215 4,558 1,725
Mar-27 3,220 4,613 1,700
Apr-27 3,150 4,750 1,675
May-27 3,150 4,825 1,650
Jun-27 3,113 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 15, 2026

WMP SMP AMF Butter
Sep-26 3,560 3,665 5,960 4,990
Oct-26 3,670 3,735 5,710 4,650
Nov-26 3,745 3,755 5,710 4,640
Dec-26 3,810 3,780 5,710 4,630
Jan-27 3,910 3,795 5,725 4,945
Feb-27 4,005 3,795 5,725 4,950
Mar-27 4,065 3,845 5,725 4,940
Apr-27 4,150 3,825 5,750 5,045
May-27 4,150 3,865 5,750 5,145
Jun-27 4,155 3,825 5,750 5,205
Jul-27 3,885 3,595 5,825 5,270
Aug-27 3,860 3,500 5,780 5,255