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

January 17, 2025

	Final	Change ¢/lb.	Trades	Bids	Offers
Butter	2.5300	-0.50	3	4	1
Cheddar Block	1.8900	NC	0	0	0
Cheddar Barrel	1.8900	NC	0	0	1
NDM Grade A	1.3725	+0.50	2	1	2
Dry Whey	0.7375	NC	0	2	1

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

January 17, 2025

	Mon	Tue	Wed	Thur	Fri	Current Avg.	Prior Week Avg.	Weekly Volume
Butter	2.6125	2.5750	2.5675	2.5350	2.5300	2.5640	2.5900	31
Cheddar Block	1.9100	1.9000	1.8225	1.8900	1.8900	1.8825	1.8975	13
Cheddar Barrel	1.8800	1.8700	1.8400	1.8900	1.8900	1.8740	1.8655	7
NDM Grade A	1.3650	1.3675	1.3675	1.3675	1.3725	1.3680	1.3670	6
Dry Whey	0.7400	0.7375	0.7375	0.7375	0.7375	0.7380	0.7415	4

CME Futures Settlement Prices

January 17, 2025

	Mon	Tue	Wed	Thur	Fri
Class III (JAN) $/CWT	20.35	20.27	20.30	20.30	20.30
Class IV (JAN) $/CWT.	20.98	20.98	20.98	20.98	20.96
Cheese (JAN) $/LB.	1.8930	1.8810	1.8830	1.8880	1.8900
Blocks (JAN) $/LB.	1.8900	1.8900	1.8900	1.8900	1.8900
Dry Whey (JAN) $/LB.	0.7150	0.7150	0.7150	0.7150	0.7150
NDM (JAN) $/LB.	1.3913	1.3925	1.3925	1.3910	1.3910
Butter (JAN) $/LB.	2.6400	2.6400	2.6400	2.6200	2.6200
Corn (MAR) $/BU.	4.6750	4.7450	4.6825	4.7450	4.6650
Corn (DEC '25) $/BU.	4.5650	4.5600	4.5750	4.5250	4.5600
Soybeans (MAR) $/BU.	10.5300	10.4625	10.4275	10.2000	10.3350
Soybeans (NOV) $/BU.	10.4950	10.4775	10.3925	10.2000	10.2775
Soybean Meal (MAR) $/TON	307.80	306.30	302.30	295.00	297.40
Soybean Meal (DEC '25) $/TON	322.60	321.80	318.00	313.70	316.20
Live Cattle (FEB) $/CWT.	197.60	197.28	198.58	196.63	196.88

DAILY DAIRY

REPORTS

Download past reports here

Europe Futures Settlement Prices (EEX)

Euro/MT

January 17, 2025

	SMP	Butter	Whey
Jan-25	2,553	7,425	888
Feb-25	2,603	7,239	925
Mar-25	2,610	7,206	950
Apr-25	2,635	7,145	970
May-25	2,655	7,150	985
Jun-25	2,671	7,150	990
Jul-25	2,698	7,175	1,000
Aug-25	2,723	7,175	1,010
Sep-25	2,740	7,175	1,020
Oct-25	2,780	7,150	1,030
Nov-25	2,793	7,150	1,040
Dec-25	2,790	7,150	1,050
Jan-26	2,810	7,025	1,050

New Zealand Futures Settlement Prices (NZX)

US$/MT

January 17, 2025

	WMP	SMP	AMF	Butter
Jan-25	3,835	2,800	7,075	6,690
Feb-25	3,915	2,860	6,850	6,540
Mar-25	3,950	2,935	6,750	6,550
Apr-25	3,960	2,960	6,600	6,440
May-25	3,975	2,970	6,600	6,410
Jun-25	3,915	3,005	6,570	6,400
Jul-25	3,795	2,985	6,730	6,350
Aug-25	3,715	2,925	6,715	6,200
Sep-25	3,665	2,930	6,615	6,050
Oct-25	3,520	2,915	6,615	6,100
Nov-25	3,570	2,900	6,565	6,000
Dec-25	3,575	2,900	6,465	6,000