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


February 3, 2023

Final Change ยข/lb. Trades Bids Offers
Butter 2.3750 +1.50 15 1 2
Cheddar Block 1.8650 -1.00 2 3 1
Cheddar Barrel 1.6300 +3.00 7 1 0
NDM Grade A 1.2450 +3.50 8 1 3
Dry Whey 0.4150 +1.50 0 2 2

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


February 3, 2023

Mon Tue Wed Thur Fri Current Avg. Prior Week Avg. Weekly Volume
Butter 2.3525 2.3050 2.3300 2.3600 2.3750 2.3445 2.2715 43
Cheddar Block 1.8800 1.8700 1.8950 1.8750 1.8650 1.8770 1.9630 7
Cheddar Barrel 1.5800 1.5800 1.5825 1.6000 1.6300 1.5945 1.6100 27
NDM Grade A 1.1525 1.1525 1.2000 1.2100 1.2450 1.1920 1.1640 12
Dry Whey 0.3200 0.3200 0.3550 0.4000 0.4150 0.3620 0.3245 6

CME Futures Settlement Prices


February 3, 2023

Mon Tue Wed Thur Fri
Class III (FEB) $/CWT. 17.94 17.84 17.90 17.93 17.92
Class IV (FEB) $/CWT. 18.78 18.78 18.76 18.76 18.76
Cheese (FEB) $/LB. 1.8600 1.8500 1.8520 1.8520 1.8490
Blocks (FEB)$/LB. 1.9650 1.9650 1.9650 1.9650 1.9650
Dry Whey (FEB) $/LB. 0.3750 0.3760 0.3760 0.3810 0.3810
NDM (FEB) $/LB. 1.2725 1.2785 1.2790 1.2620 1.2565
Butter (FEB) $/LB. 2.3800 2.3550 2.3420 2.3678 2.3828
Corn (MAR) $/BU. 6.8375 6.7975 6.8100 6.7525 6.7750
Corn (DEC) $/BU. 5.8975 5.9075 5.9625 5.9500 5.9600
Soybeans (MAR) $/BU. 15.3525 15.3800 15.2025 15.3425 15.3200
Soybeans (NOV) $/BU. 13.6750 13.6300 13.6025 13.7050 13.6975
Soybean Meal (MAR) $/TON 488.70 484.20 484.70 491.80 496.50
Soybean Meal (DEC) $/TON 400.20 394.30 399.90 405.30 411.50
Live Cattle (APR) $/CWT. 163.35 163.03 162.23 163.83 164.13

DAILY DAIRY

REPORTS

Europe Futures Settlement Prices (EEX)

Euro/MT

February 3, 2023

SMP Butter Whey
Feb-23 2,483 4,500 709
Mar-23 2,515 4,550 713
Apr-23 2,593 4,600 722
May-23 2,600 4,625 728
Jun-23 2,515 4,550 713
Jul-23 2,633 4,675 745
Aug-23 2,660 4,703 760
Sep-23 2,683 4,731 770
Oct-23 2,720 4,750 780
Nov-23 2,725 4,775 790
Dec-23 2,750 4,800 800
Jan-24 2,775 4,800 810

New Zealand Futures Settlement Prices (NZX)

US$/MT

February 3, 2023

WMP SMP AMF Butter
Feb-23 3,300 2,825 5,430 4,450
Mar-23 3,420 2,880 5,500 4,475
Apr-23 3,430 2,910 5,340 4,550
May-23 3,440 2,920 5,330 4,560
Jun-23 3,500 2,940 5,340 4,560
Jul-23 3,460 3,060 5,430 4,595
Aug-23 3,470 3,060 5,440 4,605
Sep-23 3,480 3,060 5,450 4,615
Oct-23 3,500 3,070 5,460 4,625
Nov-23 3,520 3,070 5,470 4,635
Dec-23 3,540 3,070 5,480 4,645
Jan-24 3,540 3,050 5,600 4,655