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


August 18, 2026

Final Change ยข/lb. Trades Bids Offers
Butter 1.4600 -1.25 29 8 31
Cheddar Block 1.5775 -2.00 0 1 4
Cheddar Barrel 1.5650 NC 0 0 1
NDM Grade A 1.7800 +2.75 5 6 2
Dry Whey 0.6950 NC 0 2 2

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


August 21, 2026

Mon Tue Wed Thur Fri Current Avg. Prior Week Avg. Weekly Volume
Butter 1.4725 1.4600 - - - 1.4663 1.4755 50
Cheddar Block 1.5975 1.5775 - - - 1.5875 1.6050 0
Cheddar Barrel 1.5650 1.5650 - - - 1.5650 1.5535 0
NDM Grade A 1.7525 1.7800 - - - 1.7663 1.6570 14
Dry Whey 0.6950 0.6950 - - - 0.6950 0.6895 0

CME Futures Settlement Prices


August 21, 2026

Mon Tue Wed Thur Fri
Class III (SEP) $/CWT 17.27 17.35 0.00 0.00 0.00
Class IV (SEP) $/CWT. 19.12 19.15 0.00 0.00 0.00
Cheese (SEP)$/LB. 1.6660 1.6660 0.00 0.00 0.00
Dry Whey (SEP) $/LB. 0.6830 0.6830 0.00 0.00 0.00
NDM (SEP) $/LB. 1.7448 1.7600 0.00 0.00 0.00
Butter (SEP) $/LB. 1.5903 1.5578 0.00 0.00 0.00
Corn (DEC'26) $/BU. 4.8900 4.8775 0.00 0.00 0.00
Corn (DEC'27) $/BU. 5.0125 5.0175 0.00 0.00 0.00
Soybeans (NOV'26) $/BU. 12.1600 12.1525 0.00 0.00 0.00
Soybeans (NOV '27) $/BU. 11.8400 11.8950 0.00 0.00 0.00
Soybean Meal (DEC'26) $/TON 318.80 318.10 0.00 0.00 0.00
Soybean Meal (DEC'27) $/TON 318.80 318.10 0.00 0.00 0.00
Live Cattle (OCT) $/CWT. 218.65 219.15 0.00 0.00 0.00

DAILY DAIRY

REPORTS

Europe Futures Settlement Prices (EEX)

Euro/MT

August 18, 2026

SMP Butter Whey
Aug-26 2,888 4,075 1,400
Sep-26 3,075 4,188 1,455
Oct-26 3,138 4,300 1,465
Nov-26 3,163 4,356 1,523
Dec-26 3,175 4,406 1,500
Jan-27 3,200 4,450 1,515
Feb-27 3,200 4,525 1,515
Mar-27 3,200 4,600 1,500
Apr-27 3,200 4,675 1,475
May-27 3,200 4,750 1,475
Jun-27 3,200 4,825 1,475
Jul-27 3,185 4,900 1,450
Aug-27 3,185 4,950 1,450

New Zealand Futures Settlement Prices (NZX)

US$/MT

August 18, 2026

WMP SMP AMF Butter
Aug-26 3,515 3,330 6,410 5,195
Sep-26 3,660 3,505 6,050 4,950
Oct-26 3,735 3,575 5,850 4,875
Nov-26 3,795 3,610 5,825 4,875
Dec-26 3,840 3,610 5,820 4,875
Jan-27 3,925 3,655 5,815 4,925
Feb-27 3,970 3,690 5,805 4,930
Mar-27 3,995 3,655 5,810 4,935
Apr-27 4,070 3,700 5,825 5,115
May-27 4,015 3,700 5,825 5,320
Jun-27 4,010 3,675 5,825 5,315
Jul-27 3,865 3,425 5,920 5,270