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


July 2, 2020

Final Change ยข/lb. Trades Bids Offers
Butter 1.7375 -1.25 0 1 2
Cheddar Block 2.6750 +3.50 6 2 0
Cheddar Barrel 2.4150 +1.50 4 0 0
NDM Grade A 1.0100 +0.50 0 4 13
Dry Whey 0.3300 NC 0 1 1

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


July 3, 2020

Mon Tue Wed Thur Fri Current Avg. Prior Week Avg. Weekly Volume
Butter 1.7650 1.7650 1.7500 1.7375 0 1.7544 1.7925 4
Cheddar Block 2.6200 2.6400 2.6400 2.6750 0 2.6438 2.6485 20
Cheddar Barrel 2.4000 2.4000 2.4000 2.4150 0 2.4038 2.3785 6
NDM Grade A 1.0125 1.0050 1.0050 1.0100 0 1.0081 1.0290 7
Dry Whey 0.3175 0.3175 0.3300 0.3300 0 0.3238 0.3100 18

CME Futures Settlement Prices


July 3, 2020

Mon Tue Wed Thur Fri
Class III (JUL) $/CWT. 22.20 22.35 22.85 22.97
Class IV (JUL) $/CWT. 14.40 14.37 14.34 14.34
Cheese (JUL) $/LB. 2.3450 2.3630 2.4150 2.4220
Blocks (JUL) $/LB. 2.3550 2.3970 2.5450 2.5640
Dry Whey (JUL) $/LB. 0.3355 0.3355 0.3423 0.3500
NDM (JUL) $/LB. 1.0123 1.0100 1.0103 1.0140
Butter (JUL) $/LB. 1.8383 1.8400 1.8303 1.8250
Corn (SEP) $/BU. 3.2875 3.4150 3.5050 3.4350
Corn (DEC) $/BU. 3.3475 3.5050 3.6050 3.5350
Soybeans (AUG) $/BU. 8.6150 8.7875 8.9150 8.9125
Soybeans (NOV) $/BU. 8.6150 8.8225 8.9900 8.9675
Soybean Meal (AUG) $/TON 283.60 289.10 295.50 296.20
Soybean Meal (DEC) $/TON 288.60 295.90 304.60 304.20
Live Cattle (AUG) $/CWT. 96.47 96.28 97.30 99.40

DAILY DAIRY

REPORTS

Europe Futures Settlement Prices (EEX)

Euro/MT

July 3, 2020

SMP Butter Whey
Jul-20 2,188 3,485 750
Aug-20 2,210 3,514 753
Sep-20 2,218 3,559 753
Oct-20 2,213 3,599 760
Nov-20 2,260 3,629 765
Dec-20 2,280 3,673 800
Jan-21 2,290 3,563
Feb-21 2,250 3,563
Mar-21 2,295 3,513
Apr-21 2,250 3,600
May-21 2,250 3,600
Jun-21 2,250 3,600

New Zealand Futures Settlement Prices (NZX)

US$/MT

July 3, 2020

WMP SMP AMF Butter
Jul-20 2,915 2,600 4,050 3,600
Aug-20 2,945 2,575 4,000 3,575
Sep-20 2,955 2,565 4,000 3,550
Oct-20 2,970 2,565 4,050 3,575
Nov-20 2,955 2,565 4,050 3,625
Dec-20 2,955 2,575 4,050 3,650
Jan-21 2,980 2,625 4,050 3,700
Feb-21 2,985 2,625 4,100 3,700
Mar-21 2,990 2,625 4,100 3,700
Apr-21 2,960 2,620 4,100 3,550
May-21 2,960 2,620 4,100 3,550
Jun-21 2,965 2,575 3,885 3,705