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


September 21, 2026

Final Change ยข/lb. Trades Bids Offers
Butter 1.3600 -1.00 0 1 34
Cheddar Block 1.3650 +1.50 2 6 1
Cheddar Barrel 1.4525 NC 0 0 0
NDM Grade A 2.0925 +1.25 0 2 3
Dry Whey 0.7800 NC 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 - - - - 1.3600 1.3590 0
Cheddar Block 1.3650 - - - - 1.3650 1.4120 2
Cheddar Barrel 1.4525 - - - - 1.4525 1.4475 0
NDM Grade A 2.0925 - - - - 2.0925 2.0420 0
Dry Whey 0.7800 - - - - 0.7800 0.7675 0

CME Futures Settlement Prices


September 25, 2026

Mon Tue Wed Thur Fri
Class III (SEP) $/CWT 16.16 0.00 0.00 0.00 0.00
Class IV (SEP) $/CWT. 19.14 0.00 0.00 0.00 0.00
Cheese (SEP)$/LB. 1.5650 0.00 0.00 0.00 0.00
Dry Whey (SEP) $/LB. 0.6615 0.00 0.00 0.00 0.00
NDM (SEP) $/LB. 1.8023 0.00 0.00 0.00 0.00
Butter (SEP) $/LB. 1.4525 0.00 0.00 0.00 0.00
Corn (DEC'26) $/BU. 5.4300 0.00 0.00 0.00 0.00
Corn (DEC'27) $/BU. 5.4850 0.00 0.00 0.00 0.00
Soybeans (NOV'26) $/BU. 13.2700 0.00 0.00 0.00 0.00
Soybeans (NOV '27) $/BU. 12.8125 0.00 0.00 0.00 0.00
Soybean Meal (DEC'26) $/TON 367.70 0.00 0.00 0.00 0.00
Soybean Meal (DEC'27) $/TON 367.70 0.00 0.00 0.00 0.00
Live Cattle (OCT) $/CWT. 221.15 0.00 0.00 0.00 0.00

DAILY DAIRY

REPORTS

Europe Futures Settlement Prices (EEX)

Euro/MT

September 21, 2026

SMP Butter Whey
Sep-26 3,198 4,135 1,650
Oct-26 3,261 4,263 1,675
Nov-26 3,254 4,300 1,700
Dec-26 3,250 4,363 1,725
Jan-27 3,244 4,425 1,725
Feb-27 3,200 4,495 1,715
Mar-27 3,219 4,588 1,700
Apr-27 3,188 4,688 1,675
May-27 3,188 4,775 1,650
Jun-27 3,153 4,875 1,625
Jul-27 3,125 4,975 1,600
Aug-27 3,125 5,025 1,600
Sep-27 3,125 5,075 1,600

New Zealand Futures Settlement Prices (NZX)

US$/MT

September 21, 2026

WMP SMP AMF Butter
Oct-26 3,580 3,735 5,475 4,555
Nov-26 3,635 3,745 5,495 4,550
Dec-26 3,705 3,770 5,445 4,550
Jan-27 3,825 3,785 5,585 4,845
Feb-27 3,915 3,810 5,610 4,950
Mar-27 3,975 3,825 5,725 4,900
Apr-27 4,085 3,825 5,750 5,045
May-27 4,095 3,865 5,750 5,145
Jun-27 4,130 3,825 5,750 5,205
Jul-27 3,880 3,595 5,825 5,270
Aug-27 3,860 3,500 5,780 5,255
Sep-27 3,850 3,400 5,845 5,260