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


December 2, 2022

Final Change ยข/lb. Trades Bids Offers
Butter 2.9000 +2.00 1 0 0
Cheddar Block 2.1000 NC 0 0 0
Cheddar Barrel 1.8975 NC 0 0 0
NDM Grade A 1.3600 +1.25 4 3 1
Dry Whey 0.4500 NC 0 2 0

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


December 2, 2022

Mon Tue Wed Thur Fri Current Avg. Prior Week Avg. Weekly Volume
Butter 2.9300 2.9300 2.9250 2.8800 2.9000 2.9130 2.9258 6
Cheddar Block 2.1250 2.0900 2.0650 2.1000 2.1000 2.0960 2.1833 7
Cheddar Barrel 1.8175 1.8000 1.8175 1.8975 1.8975 1.8460 1.8217 9
NDM Grade A 1.3900 1.3875 1.3600 1.3475 1.3600 1.3690 1.4142 10
Dry Whey 0.4400 0.4500 0.4500 0.4500 0.4500 0.4480 0.4400 2

CME Futures Settlement Prices


December 2, 2022

Mon Tue Wed Thur Fri
Class III (DEC) $/CWT. 20.17 19.85 19.83 20.20 20.29
Class IV (DEC) $/CWT. 21.38 21.55 21.55 21.55 21.70
Cheese (DEC) $/LB. 2.0340 1.9950 1.9940 2.0280 2.0320
Blocks (DEC)$/LB. 2.1400 2.1150 2.1150 2.1200 2.1200
Dry Whey (DEC) $/LB. 0.4475 0.4500 0.4525 0.4583 0.4583
NDM (DEC) $/LB. 1.4330 1.4350 1.4258 1.4358 1.4358
Butter (DEC) $/LB. 2.6775 2.7100 2.7100 2.7050 2.7275
Corn (MAR) $/BU. 6.7125 6.6950 6.6700 6.6050 6.4625
Corn (DEC'23) $/BU. 6.1100 6.1150 6.0650 6.0125 5.9800
Soybeans (JAN) $/BU. 14.5725 14.5950 14.6950 14.2975 14.3850
Soybeans (MAR) $/BU. 14.6275 14.6600 14.7550 14.3675 14.4650
Soybean Meal (MAR) $/TON 409.30 406.40 416.00 419.70 422.80
Soybean Meal (DEC'23) $/TON 389.90 388.80 393.40 396.30 401.50
Live Cattle (FEB) $/CWT. 154.68 154.80 155.68 155.43 155.88

DAILY DAIRY

REPORTS

Europe Futures Settlement Prices (EEX)

Euro/MT

December 2, 2022

SMP Butter Whey
Dec-22 2,927 5,824 880
Jan-23 2,866 5,500 888
Feb-23 2,876 5,471 888
Mar-23 2,886 5,469 892
Apr-23 2,886 5,469 892
May-23 2,911 5,467 908
Jun-23 2,931 5,473 917
Jul-23 2,960 5,482 980
Aug-23 3,010 5,507 985
Sep-23 3,025 5,550 990
Oct-23 3,050 5,575 995
Nov-23 3,060 5,575 1,000

New Zealand Futures Settlement Prices (NZX)

US$/MT

December 2, 2022

WMP SMP AMF Butter
Dec-22 3,355 3,100 5,650 4,960
Jan-23 3,395 3,125 5,750 5,025
Feb-23 3,430 3,150 5,675 5,000
Mar-23 3,460 3,180 5,675 5,075
Apr-23 3,495 3,150 5,675 5,040
May-23 3,560 3,150 5,700 5,060
Jun-23 3,500 3,150 5,700 5,080
Jul-23 3,550 3,185 5,600 5,100
Aug-23 3,445 3,185 5,600 4,980
Sep-23 3,600 3,185 5,600 4,980
Oct-23 3,575 3,270 5,645 5,000
Nov-23 3,575 3,290 5,645 5,000