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 October 2026, the maximum reached 15.36 USD/hundredweight, the minimum was 14.94 USD/hundredweight, and the average level stood at 15.12 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 | 15.2 USD/CWT | 02/11/2026 |
| Cheese | 1.601 USD/Lbs | 02/11/2026 |
| Butter | 3,913 EUR/T | 02/11/2026 |
| Milk (New Zealand) | 10.41 NZD/kg | 30/10/2026 |
| Milk Class 3 (IMF) | 21.57 USD/cwt | 30/09/2026 |
| Milk fat (New Zealand) | 5,410 USD/T | 30/10/2026 |