Milk traded flat at 16.96 USD/CWT on May 15, 2026. Over the past month, Milk's price has risen 0.59%, but it is still 8.72% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Historically, Milk reached an all time high of 25.20 in May of 2022. Milk - data, forecasts, historical chart - was last updated on May 18 of 2026.

Milk is expected to trade at 16.82 USD/CWT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 15.86 in 12 months time.



Price Day Month Year Date
Soybeans 1,200.14 23.14 1.97% 2.95% 14.22% May/18
Wheat 654.32 18.57 2.92% 9.60% 23.69% May/18
Lumber 589.00 3.00 0.51% 1.03% -2.34% May/15
Cheese 1.66 -0.0059 -0.36% 0.43% -10.09% May/18
Palm Oil 4,523.00 103.00 2.33% 0.56% 16.45% May/18
Milk 16.96 0 0% 0.59% -8.72% May/15
Cocoa 3,880.96 -121.04 -3.02% 14.31% -64.41% May/18
Cotton 81.71 1.100 1.36% 2.09% 24.44% May/18
Rubber 221.30 -1.00 -0.45% 9.99% 28.07% May/18
Orange Juice 164.45 -16.85 -9.29% -7.25% -34.69% May/17
Coffee 267.41 0.51 0.19% -7.07% -28.69% May/18
Oat 371.51 7.7560 2.13% 15.11% 3.99% May/18
Wool 1,876.00 0 0% 2.79% 57.78% May/18
Rice 12.57 -0.1850 -1.45% 13.91% -0.95% May/18
Canola 738.10 2.10 0.29% 1.51% 4.79% May/17
Sugar 14.80 0.004 0.03% 8.53% -15.31% May/18
Corn 469.60 13.8516 3.04% 3.89% 4.94% May/18


Milk
Class III milk represents cow's milk used mainly to make cheddar cheese. One contract contains 200,000 lbs of class III milk. The Milk prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. The data is supplied by a third party and, while efforts are made to ensure its accuracy, Trading Economics does not verify the data and makes no representations or warranties regarding its accuracy..
Actual Previous Highest Lowest Dates Unit Frequency
16.96 16.96 25.20 9.24 1998 - 2026 USD/CWT Daily

News Stream
Milk Hits 4-week Low
Milk decreased to 16.81 USD/CWT, the lowest since March 2026. Over the past 4 weeks, Milk gained 4.47%, and in the last 12 months, it decreased 3.61%.
2026-04-28
Milk Hits 25-week High
Milk increased to 17.45 USD/CWT, the highest since October 2025. Over the past 4 weeks, Milk gained 7.98%, and in the last 12 months, it decreased 13.67%.
2026-04-01
Milk Hits 13-week High
Milk increased to 16.62 USD/CWT, the highest since December 2025. Over the past 4 weeks, Milk lost 3.5%, and in the last 12 months, it decreased 26.3%.
2026-03-03