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


October 23, 2026

Final Change ยข/lb. Trades Bids Offers
Butter 1.3400 +1.00 1 11 2
Cheddar Block 1.7350 +1.00 1 7 1
Cheddar Barrel 1.7200 NC 0 0 0
NDM Grade A 2.0950 -4.00 5 2 18
Dry Whey 0.8425 NC 0 1 2

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


October 23, 2026

Mon Tue Wed Thur Fri Current Avg. Prior Week Avg. Weekly Volume
Butter 1.3850 1.3600 1.3300 1.3300 1.3400 1.3490 1.3110 30
Cheddar Block 1.7300 1.8000 1.7025 1.7250 1.7350 1.7385 1.5395 19
Cheddar Barrel 1.6400 1.7200 1.7200 1.7200 1.7200 1.7040 1.5095 0
NDM Grade A 2.2000 2.2100 2.1350 2.1350 2.0950 2.1550 2.2105 17
Dry Whey 0.8950 0.8950 0.8425 0.8425 0.8425 0.8635 0.8830 1

CME Futures Settlement Prices


October 23, 2026

Mon Tue Wed Thur Fri
Class III (NOV) $/CWT 15.35 15.37 15.21 17.67 17.74
Class IV (NOV) $/CWT. 20.39 20.39 20.39 21.00 21.00
Cheese (NOV)$/LB. 1.4510 1.4550 1.4480 1.6620 1.6770
Dry Whey (NOV) $/LB. 0.7303 0.7300 0.7303 0.7575 0.7575
NDM (NOV) $/LB. 2.0003 2.0003 2.0003 2.0500 2.0103
Butter (NOV) $/LB. 1.3550 1.3550 1.3550 1.3900 1.4000
Corn (DEC'26) $/BU. 5.0425 4.6150 4.6425 4.6025 4.5600
Corn (DEC'27) $/BU. 5.1775 5.1675 5.1525 5.1150 5.0850
Soybeans (NOV'26) $/BU. 12.5300 12.3750 12.4625 12.5350 12.5750
Soybeans (NOV '27) $/BU. 12.3925 12.3750 12.2900 12.2825 12.3100
Soybean Meal (DEC'26) $/TON 354.40 348.30 348.10 347.40 346.50
Soybean Meal (DEC'27) $/TON 354.40 348.30 348.10 347.40 346.50
Live Cattle (DEC) $/CWT. 227.98 230.20 231.05 231.15 231.20

DAILY DAIRY

REPORTS

Europe Futures Settlement Prices (EEX)

Euro/MT

October 23, 2026

SMP Butter Whey
Oct-26 3,571 4,025 1,630
Nov-26 3,710 3,965 1,675
Dec-26 3,700 3,961 1,690
Jan-27 3,725 4,128 1,715
Feb-27 3,713 4,148 1,710
Mar-27 3,688 4,163 1,705
Apr-27 3,640 4,255 1,700
May-27 3,615 4,338 1,675
Jun-27 3,588 4,408 1,650
Jul-27 3,570 4,488
Aug-27 3,470 4,638
Sep-27 3,458 4,650
Oct-27 3,395 4,758

New Zealand Futures Settlement Prices (NZX)

US$/MT

October 23, 2026

WMP SMP AMF Butter
Nov-26 3,870 4,075 5,410 4,485
Dec-26 3,965 4,095 5,500 4,505
Jan-27 4,065 4,125 5,500 4,570
Feb-27 4,155 4,155 5,585 4,700
Mar-27 4,230 4,155 5,725 4,700
Apr-27 4,340 4,170 5,750 4,880
May-27 4,335 4,150 5,750 5,030
Jun-27 4,325 4,150 5,750 5,020
Jul-27 4,090 4,000 5,825 4,880
Aug-27 3,950 3,800 5,850 5,035
Sep-27 3,900 3,800 5,850 5,020
Oct-27 3,740 3,630 5,685 5,260