Milk

Name: Milk
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

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daily

USD/CWT

UTC+3

Previous value

on 28/08/2026

from

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Index description

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 July 2026, the maximum reached 15.79 USD/hundredweight, the minimum was 15.48 USD/hundredweight, and the average level stood at 15.69 USD/hundredweight. The Class III Milk standard is defined by the United States Department of Agriculture.

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Index value can be retrieved via Cbonds add-in for Excel using the formula CbondsIndexValue(26945, date)

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Subgroup indices

Index	Current value	Date
Milk	16.65 USD/CWT	31/08/2026
Cheese	1.62 USD/Lbs	31/08/2026
Butter	4,404 EUR/T	31/08/2026
Milk (New Zealand)	9.75 NZD/kg	31/08/2026
Milk Class 3 (IMF)	20.71 USD/cwt	31/07/2026
Milk fat (New Zealand)	5,960 USD/T	31/08/2026

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