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


September 24, 2026

Final Change ยข/lb. Trades Bids Offers
Butter 1.3575 -0.75 14 25 4
Cheddar Block 1.3275 -3.00 2 0 3
Cheddar Barrel 1.4525 NC 0 0 0
NDM Grade A 2.1700 +2.00 6 3 2
Dry Whey 0.8050 +0.75 0 1 0

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


September 25, 2026

Mon Tue Wed Thur Fri Current Avg. Prior Week Avg. Weekly Volume
Butter 1.3600 1.3400 1.3650 1.3575 - 1.3556 1.3590 61
Cheddar Block 1.3650 1.3650 1.3575 1.3275 - 1.3538 1.4120 13
Cheddar Barrel 1.4525 1.4525 1.4525 1.4525 - 1.4525 1.4475 0
NDM Grade A 2.0925 2.1250 2.1500 2.1700 - 2.1344 2.0420 18
Dry Whey 0.7800 0.7875 0.7975 0.8050 - 0.7925 0.7675 2

CME Futures Settlement Prices


September 25, 2026

Mon Tue Wed Thur Fri
Class III (SEP) $/CWT 16.16 16.14 16.11 16.12 0.00
Class IV (SEP) $/CWT. 19.14 19.14 19.14 19.14 0.00
Cheese (SEP)$/LB. 1.5650 1.5650 1.5620 1.5600 0.00
Dry Whey (SEP) $/LB. 0.6615 0.6615 0.6615 0.6615 0.00
NDM (SEP) $/LB. 1.8023 1.8023 1.7913 1.8020 0.00
Butter (SEP) $/LB. 1.4525 1.4525 1.4525 1.4525 0.00
Corn (DEC'26) $/BU. 5.4300 5.3625 5.2875 5.2650 0.00
Corn (DEC'27) $/BU. 5.4850 5.4325 5.4000 5.3875 0.00
Soybeans (NOV'26) $/BU. 13.2700 13.2500 12.8075 12.7775 0.00
Soybeans (NOV '27) $/BU. 12.8125 12.8200 12.8075 12.7775 0.00
Soybean Meal (DEC'26) $/TON 367.70 371.00 370.20 371.20 0.00
Soybean Meal (DEC'27) $/TON 367.70 371.00 370.20 371.20 0.00
Live Cattle (OCT) $/CWT. 221.15 218.73 220.83 218.95 0.00

DAILY DAIRY

REPORTS

Europe Futures Settlement Prices (EEX)

Euro/MT

September 24, 2026

SMP Butter Whey
Sep-26 3,212 4,130 1,630
Oct-26 3,309 4,233 1,675
Nov-26 3,306 4,338 1,715
Dec-26 3,275 4,348 1,730
Jan-27 3,256 4,438 1,725
Feb-27 3,233 4,510 1,725
Mar-27 3,225 4,595 1,710
Apr-27 3,206 4,683 1,675
May-27 3,206 4,775 1,650
Jun-27 3,158 4,875 1,625
Jul-27 3,150 4,975 1,600
Aug-27 3,150 5,025 1,600
Sep-27 3,150 5,075 1,600

New Zealand Futures Settlement Prices (NZX)

US$/MT

September 24, 2026

WMP SMP AMF Butter
Oct-26 3,600 3,800 5,525 4,555
Nov-26 3,700 3,800 5,495 4,550
Dec-26 3,780 3,820 5,525 4,500
Jan-27 3,895 3,835 5,560 4,845
Feb-27 3,995 3,860 5,585 4,950
Mar-27 4,030 3,870 5,725 4,900
Apr-27 4,145 3,885 5,750 5,045
May-27 4,150 3,865 5,750 5,145
Jun-27 4,160 3,825 5,750 5,205
Jul-27 3,895 3,605 5,825 5,270
Aug-27 3,880 3,555 5,780 5,255
Sep-27 3,870 3,455 5,845 5,260