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


October 20, 2026

Final Change ยข/lb. Trades Bids Offers
Butter 1.3600 -2.50 1 51 73
Cheddar Block 1.8000 +7.00 6 9 0
Cheddar Barrel 1.7200 +8.00 0 2 0
NDM Grade A 2.2100 +1.00 5 3 8
Dry Whey 0.8950 NC 0 2 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 - - - 1.3725 1.3110 2
Cheddar Block 1.7300 1.8000 - - - 1.7650 1.5395 9
Cheddar Barrel 1.6400 1.7200 - - - 1.6800 1.5095 0
NDM Grade A 2.2000 2.2100 - - - 2.2050 2.2105 8
Dry Whey 0.8950 0.8950 - - - 0.8950 0.8830 0

CME Futures Settlement Prices


October 23, 2026

Mon Tue Wed Thur Fri
Class III (OCT) $/CWT 15.35 15.37 0.00 0.00 0.00
Class IV (OCT) $/CWT. 20.39 20.39 0.00 0.00 0.00
Cheese (OCT)$/LB. 1.4510 1.4550 0.00 0.00 0.00
Dry Whey (OCT) $/LB. 0.7303 0.7300 0.00 0.00 0.00
NDM (OCT) $/LB. 2.0003 2.0003 0.00 0.00 0.00
Butter (OCT) $/LB. 1.3550 1.3550 0.00 0.00 0.00
Corn (DEC'26) $/BU. 5.0425 4.6150 0.00 0.00 0.00
Corn (DEC'27) $/BU. 5.1775 5.1675 0.00 0.00 0.00
Soybeans (NOV'26) $/BU. 12.5300 12.3750 0.00 0.00 0.00
Soybeans (NOV '27) $/BU. 12.3925 12.3750 0.00 0.00 0.00
Soybean Meal (DEC'26) $/TON 354.40 348.30 0.00 0.00 0.00
Soybean Meal (DEC'27) $/TON 354.40 348.30 0.00 0.00 0.00
Live Cattle (DEC) $/CWT. 227.98 230.20 0.00 0.00 0.00

DAILY DAIRY

REPORTS

Europe Futures Settlement Prices (EEX)

Euro/MT

October 20, 2026

SMP Butter Whey
Oct-26 3,525 4,175 1,675
Nov-26 3,613 4,073 1,700
Dec-26 3,671 4,050 1,725
Jan-27 3,667 4,075 1,725
Feb-27 3,654 4,110 1,725
Mar-27 3,632 4,195 1,710
Apr-27 3,596 4,235 1,675
May-27 3,554 4,300 1,650
Jun-27 3,550 4,365 1,625
Jul-27 3,525 4,475
Aug-27 3,465 4,515
Sep-27 3,440 4,600
Oct-27 3,315 4,715

New Zealand Futures Settlement Prices (NZX)

US$/MT

October 20, 2026

WMP SMP AMF Butter
Oct-26 3,645 3,860 5,650 4,700
Nov-26 3,870 4,065 5,500 4,485
Dec-26 3,975 4,090 5,500 4,505
Jan-27 4,090 4,130 5,500 4,570
Feb-27 4,170 4,180 5,585 4,700
Mar-27 4,220 4,200 5,725 4,750
Apr-27 4,325 4,110 5,750 4,880
May-27 4,280 4,110 5,750 5,030
Jun-27 4,270 4,160 5,750 5,020
Jul-27 4,045 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