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


September 2, 2026

Final Change ยข/lb. Trades Bids Offers
Butter 1.4075 +1.50 19 16 61
Cheddar Block 1.4750 NC 33 3 4
Cheddar Barrel 1.5325 NC 0 0 0
NDM Grade A 1.8800 -2.00 8 1 4
Dry Whey 0.7400 NC 0 1 2

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


September 4, 2026

Mon Tue Wed Thur Fri Current Avg. Prior Week Avg. Weekly Volume
Butter 1.4500 1.3925 1.4075 - - 1.4167 1.4625 64
Cheddar Block 1.4825 1.4750 1.4750 - - 1.4775 1.5085 33
Cheddar Barrel 1.5650 1.5325 1.5325 - - 1.5433 1.5730 0
NDM Grade A 1.8700 1.9000 1.8800 - - 1.8833 1.8265 24
Dry Whey 0.7375 0.7400 0.7400 - - 0.7392 0.7205 5

CME Futures Settlement Prices


September 4, 2026

Mon Tue Wed Thur Fri
Class III (SEP) $/CWT 16.39 16.35 16.24 0.00 0.00
Class IV (SEP) $/CWT. 19.40 19.40 19.40 0.00 0.00
Cheese (SEP)$/LB. 1.5800 1.5750 1.5670 0.00 0.00
Dry Whey (SEP) $/LB. 0.6615 0.6615 0.6615 0.00 0.00
NDM (SEP) $/LB. 1.8175 1.8370 1.8100 0.00 0.00
Butter (SEP) $/LB. 1.4870 1.4400 1.4450 0.00 0.00
Corn (DEC'26) $/BU. 5.3625 5.4550 5.4250 0.00 0.00
Corn (DEC'27) $/BU. 5.2625 5.3575 5.3825 0.00 0.00
Soybeans (NOV'26) $/BU. 12.8775 13.1850 13.0875 0.00 0.00
Soybeans (NOV '27) $/BU. 12.4825 12.6150 12.5625 0.00 0.00
Soybean Meal (DEC'26) $/TON 345.40 351.90 349.90 0.00 0.00
Soybean Meal (DEC'27) $/TON 345.40 351.90 349.90 0.00 0.00
Live Cattle (OCT) $/CWT. 212.65 212.40 210.35 0.00 0.00

DAILY DAIRY

REPORTS

Europe Futures Settlement Prices (EEX)

Euro/MT

September 2, 2026

SMP Butter Whey
Sep-26 3,194 4,253 1,675
Oct-26 3,353 4,429 1,775
Nov-26 3,388 4,519 1,800
Dec-26 3,338 4,590 1,819
Jan-27 3,375 4,683 1,767
Feb-27 3,363 4,725 1,769
Mar-27 3,310 4,770 1,725
Apr-27 3,208 4,825 1,700
May-27 3,195 4,875 1,675
Jun-27 3,183 4,930 1,650
Jul-27 3,125 4,975 1,600
Aug-27 3,113 5,025 1,600
Sep-27 3,100 5,075 1,600

New Zealand Futures Settlement Prices (NZX)

US$/MT

September 2, 2026

WMP SMP AMF Butter
Sep-26 3,580 3,665 5,960 4,990
Oct-26 3,730 3,750 5,750 4,900
Nov-26 3,790 3,785 5,755 4,900
Dec-26 3,840 3,800 5,700 4,920
Jan-27 3,915 3,830 5,650 4,945
Feb-27 3,960 3,880 5,700 4,950
Mar-27 3,985 3,840 5,700 4,970
Apr-27 4,045 3,890 5,870 5,165
May-27 4,045 3,865 5,845 5,250
Jun-27 4,020 3,800 5,825 5,315
Jul-27 3,800 3,595 5,920 5,270
Aug-27 3,885 3,500 5,780 5,255