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Wisconsin All Milk Price Hits Five-Year High at $22.40 Cwt.

The Wisconsin all milk price for November was $22.40 per hundredweight. According to the latest USDA Agricultural Prices report, that was $1.90 higher than last month's price and $5.40 more than last November.
 
The U.S. all milk price for November was $21.00 per cwt.--$1.40 lower than Wisconsin's price, but $1.10 higher than last month's U.S. price. All of the 24 major milk producing states had a higher price when compared with October.
 
Meanwhile, the Chicago Mercantile Exchange 40-pound block cheese price closed at $1.83 per pound on December 27, while barrels were $1.60 per pound. The CME butter price was $2.03 per pound.
 
For the week ending December 21, the Agricultural Marketing Service U.S. weekly 40-pound block cheese price averaged $1.95 per pound, and 500 pound barrels adjusted to 38 percent moisture averaged $2.10 per pound. The U.S. butter price was $2.00 per pound.
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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.