Milk
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The index represents a CFD contract on Class III Milk futures traded on the Chicago Mercantile Exchange and serves as the underlying asset for hedging price risks in the dairy sector. In August 2026, the maximum reached 16.78 USD/hundredweight, the minimum was 15.63 USD/hundredweight, and the average level stood at 16.48 USD/hundredweight. The Class III Milk standard is defined by the United States Department of Agriculture.
Index value can be retrieved via Cbonds add-in for Excel using the formula CbondsIndexValue(26945, date)
Cbonds add-in| Index | Current value | Date |
|---|---|---|
| Milk | 16.16 USD/CWT | 21/09/2026 |
| Cheese | 1.5 USD/Lbs | 21/09/2026 |
| Butter | 4,213 EUR/T | 21/09/2026 |
| Milk (New Zealand) | 9.75 NZD/kg | 21/09/2026 |
| Milk Class 3 (IMF) | 19.66 USD/cwt | 31/08/2026 |
| Milk fat (New Zealand) | 5,475 USD/T | 21/09/2026 |