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


October 16, 2026

Final Change ยข/lb. Trades Bids Offers
Butter 1.3650 +2.00 5 3 60
Cheddar Block 1.6825 +3.00 0 4 0
Cheddar Barrel 1.6200 +5.00 0 8 0
NDM Grade A 2.1625 +1.25 0 7 3
Dry Whey 0.8950 +0.50 2 3 2

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


October 16, 2026

Mon Tue Wed Thur Fri Current Avg. Prior Week Avg. Weekly Volume
Butter 1.2700 1.2700 1.3050 1.3450 1.3650 1.3110 1.2880 27
Cheddar Block 1.3900 1.4425 1.5300 1.6525 1.6825 1.5395 1.3480 17
Cheddar Barrel 1.4525 1.4525 1.4525 1.5700 1.6200 1.5095 1.4525 0
NDM Grade A 2.2700 2.2600 2.2100 2.1500 2.1625 2.2105 2.2500 29
Dry Whey 0.8600 0.8850 0.8850 0.8900 0.8950 0.8830 0.8460 4

CME Futures Settlement Prices


October 16, 2026

Mon Tue Wed Thur Fri
Class III (OCT) $/CWT 14.96 15.03 15.05 15.17 15.28
Class IV (OCT) $/CWT. 20.48 20.48 20.42 20.42 20.39
Cheese (OCT)$/LB. 1.4210 1.4280 1.4300 1.4430 1.4460
Dry Whey (OCT) $/LB. 0.7275 0.7275 0.7275 0.7265 0.7303
NDM (OCT) $/LB. 2.0245 2.0108 2.0003 2.0000 2.0000
Butter (OCT) $/LB. 1.3235 1.3235 1.3398 1.3398 1.3600
Corn (DEC'26) $/BU. 5.1325 4.8275 4.8100 5.1000 4.7425
Corn (DEC'27) $/BU. 5.2600 5.2525 5.2425 5.2325 5.1950
Soybeans (NOV'26) $/BU. 12.6225 12.8275 12.7750 12.6425 12.6050
Soybeans (NOV '27) $/BU. 12.6225 12.5750 12.5050 12.4100 12.4000
Soybean Meal (DEC'26) $/TON 368.20 362.90 364.60 359.80 356.70
Soybean Meal (DEC'27) $/TON 368.20 362.90 364.60 359.80 356.70
Live Cattle (DEC) $/CWT. 226.58 226.35 225.15 227.20 228.45

DAILY DAIRY

REPORTS

Europe Futures Settlement Prices (EEX)

Euro/MT

October 16, 2026

SMP Butter Whey
Oct-26 3,525 4,175 1,675
Nov-26 3,600 4,073 1,700
Dec-26 3,628 3,925 1,725
Jan-27 3,566 3,975 1,725
Feb-27 3,563 4,045 1,725
Mar-27 3,521 4,140 1,710
Apr-27 3,473 4,165 1,675
May-27 3,421 4,200 1,650
Jun-27 3,425 4,250 1,625
Jul-27 3,425 4,400 null
Aug-27 3,450 4,400 null
Sep-27 3,425 4,475 null
Oct-27 3,175 4,600 null

New Zealand Futures Settlement Prices (NZX)

US$/MT

October 16, 2026

WMP SMP AMF Butter
Oct-26 3,615 3,835 5,650 4,650
Nov-26 3,805 3,955 5,480 4,485
Dec-26 3,910 3,990 5,430 4,450
Jan-27 4,010 4,030 5,400 4,570
Feb-27 4,085 4,060 5,585 4,700
Mar-27 4,165 4,075 5,725 4,750
Apr-27 4,270 4,110 5,750 4,880
May-27 4,270 4,110 5,750 5,030
Jun-27 4,265 4,100 5,750 5,020
Jul-27 4,040 3,940 5,825 4,880
Aug-27 3,950 3,800 5,850 5,035
Sep-27 3,900 3,800 5,850 5,020