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


May 23, 2024

Final Change ยข/lb. Trades Bids Offers
Butter 3.1225 +1.00 0 1 1
Cheddar Block 1.8650 +2.50 5 5 0
Cheddar Barrel 1.9975 -3.25 4 3 1
NDM Grade A 1.1875 +1.50 4 4 7
Dry Whey 0.3950 NC 0 4 1

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


May 24, 2024

Mon Tue Wed Thur Fri Current Avg. Prior Week Avg. Weekly Volume
Butter 3.0925 3.1125 3.1125 3.1225 - 3.1100 3.0405 5
Cheddar Block 1.9200 1.8550 1.8400 1.8650 - 1.8700 1.9360 30
Cheddar Barrel 2.1100 2.0600 2.0300 1.9975 - 2.0494 2.0675 12
NDM Grade A 1.1600 1.1750 1.1725 1.1875 - 1.1738 1.1645 18
Dry Whey 0.4150 0.4000 0.3950 0.3950 - 0.4013 0.3990 12

CME Futures Settlement Prices


May 24, 2024

Mon Tue Wed Thur Fri
Class III (JUN) $/CWT. 21.23 20.48 19.90 20.02 0.00
Class IV (JUN) $/CWT. 21.10 21.11 21.34 21.33 0.00
Cheese (JUN) $/LB. 2.1170 2.0420 1.9960 2.0050 0.00
Blocks (JUN)$/LB. 2.0750 2.0750 1.9960 1.9400 0.00
Dry Whey (JUN) $/LB. 0.4463 0.4400 0.4400 0.4250 0.00
NDM (JUN) $/LB. 1.1800 1.1885 3.1303 1.1875 0.00
Butter (JUN) $/LB. 3.1200 3.1400 0.4275 3.1600 0.00
Corn (JUL) $/BU. 4.6025 4.5800 4.6100 4.6450 0.00
Corn (DEC) $/BU. 4.8425 4.8250 4.8400 4.8650 0.00
Soybeans (JUL) $/BU. 12.4675 12.3575 12.4725 12.3900 0.00
Soybeans (NOV) $/BU. 12.1625 12.1300 12.2000 12.1525 0.00
Soybean Meal (JUL) $/TON 373.60 372.00 379.00 376.80 0.00
Soybean Meal (DEC) $/TON 368.80 368.60 373.00 373.40 0.00
Live Cattle (AUG) $/CWT. 178.75 180.33 180.33 181.03 0.00

DAILY DAIRY

REPORTS

Europe Futures Settlement Prices (EEX)

Euro/MT

May 23, 2024

SMP Butter Whey
May-24 2,425 6,050 653
Jun-24 2,543 6,638 691
Jul-24 2,594 6,720 704
Aug-24 2,625 6,800 708
Sep-24 2,663 6,820 738
Oct-24 2,705 6,843 825
Nov-24 2,729 6,863 850
Dec-24 2,771 6,575 875
Jan-25 2,733 6,455 900
Feb-25 2,758 6,250 925
Mar-25 2,790 6,258 950
Apr-25 2,825 6,268 975

New Zealand Futures Settlement Prices (NZX)

US$/MT

May 23, 2024

WMP SMP AMF Butter
Jun-24 3,350 2,700 7,200 6,700
Jul-24 3,250 2,735 6,900 6,500
Aug-24 3,185 2,755 6,700 6,250
Sep-24 3,185 2,750 6,500 6,200
Oct-24 3,260 2,800 6,450 5,800
Nov-24 3,260 2,855 6,250 5,800
Dec-24 3,285 2,890 6,210 5,775
Jan-25 3,350 3,005 6,020 5,875
Feb-25 3,350 2,955 6,000 5,875
Mar-25 3,350 3,025 6,000 5,875
Apr-25 3,220 3,020 6,000 5,800
May-25 3,220 3,020 6,000 5,800