DAIRY PRODUCTS in US$/mT
Comparative Dairies between US, Europe and New Zealand. Basis in CWT/$.
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last update: 2024-12-23 23:00:02 GMT
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US | DE | US | US | US | US | DE | NZ | NZ | US | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
European Euro | Butter Cash Settled | EEX Butter | Cheddar Cheese Cash Settled | Class 3 Milk Composite | Class 4 Milk Composite | Nonfat Dry Composite | Eurex Skimmed Milk Powder | Whole Milk Powder | Skimmed Milk Powder | Whey, Dry, Electronic | |||||||||||
Pips | CMG | EUREX | CMG | CME | GLOBEX | GLOBEX | EUREX | NZF | NZF | GLOBEX | |||||||||||
DA basis | US$/mt | DA basis | US$/mT | DA basis | US$/mT | DA basis | US$/mT | DA basis | US$/mT | DA basis | US$/mT | DA basis | US$/mT | DA basis | US$/mT | DA basis | US$/mT | DA basis | US$/mT | ||
Swap | $/cwt | Outright | $/cwt | Outright | $/cwt | Outright | $/cwt | Outright | $/cwt | Outright | $/cwt | Outright | $/cwt | Outright | $/cwt | Outright | $/cwt | Outright | $/cwt | Outright | |
EUR | C3CB | FBUT | C3CSC | C3QDA | C3GDK | C3GNF | FASM | WMP | SMP | C3DY | |||||||||||
DEC24 | 1.04 | - | - | - | - | +18.66 | 367.3 | +2.09 | 408.4 | +13.49 | 632.8 | - | - | - | - | - | - | -3.90 | 290.5 | - | - |
JAN25 | 1.04 | - | - | - | - | +19.72 | 388.2 | +1.32 | 414.2 | +12.88 | 641.8 | - | - | - | - | - | - | -4.05 | 308.4 | - | - |
FEB25 | 1.04 | - | - | - | - | +19.45 | 382.9 | +1.51 | 412.7 | +13.02 | 639.2 | - | - | - | - | - | - | -3.90 | 306.1 | - | - |
MAR25 | 1.05 | - | - | - | - | +19.63 | 386.5 | +1.38 | 413.6 | +12.80 | 638.5 | - | - | - | - | - | - | -3.73 | 313.1 | - | - |
APR25 | 1.04 | - | - | - | - | +19.53 | 384.4 | +1.47 | 413.4 | +12.61 | 632.6 | - | - | - | - | - | - | -3.57 | 314.1 | - | - |
MAY25 | 1.05 | - | - | - | - | +19.34 | 380.6 | +1.57 | 411.6 | +12.47 | 626.1 | - | - | - | - | - | - | -3.48 | 312.1 | - | - |
JUN25 | 1.06 | - | - | - | - | +19.14 | 376.7 | +1.60 | 408.1 | +12.42 | 621.2 | - | - | - | - | - | - | -3.40 | 309.8 | - | - |
1Q25 | 1.05 | - | - | - | - | +19.60 | 385.9 | +1.40 | 413.5 | +12.90 | 639.8 | - | - | - | - | - | - | -3.89 | 309.2 | - | - |
2Q25 | 1.08 | - | - | - | - | +19.33 | 380.6 | +1.55 | 411.0 | - | - | - | - | - | - | - | - | -3.48 | 312.0 | - | - |
3Q25 | 1.05 | - | - | - | - | +18.97 | 373.4 | +1.67 | 406.4 | +12.63 | 622.1 | - | - | - | - | - | - | -3.59 | 302.8 | - | - |
4Q25 | 1.05 | - | - | - | - | +18.59 | 366.0 | +1.98 | 405.0 | +13.20 | 625.8 | - | - | - | - | - | - | -3.87 | 289.8 | - | - |
1Q26 | 1.05 | - | - | - | - | +18.08 | 355.9 | -0.52 | 345.7 | +13.88 | 629.2 | - | - | - | - | - | - | -7.13 | 215.5 | - | - |
2024 | 1.10 | - | - | - | - | +18.66 | 367.3 | +2.09 | 408.4 | +13.49 | 632.8 | - | - | - | - | - | - | -3.90 | 290.5 | - | - |
2025 | 1.04 | - | - | - | - | +19.12 | 376.5 | +1.65 | 409.0 | +12.81 | 628.6 | - | - | - | - | - | - | -3.71 | 303.5 | - | - |
2026 | 1.05 | - | - | - | - | +17.83 | 351.0 | -2.45 | 302.8 | +15.49 | 655.9 | - | - | - | - | - | - | -8.53 | 183.2 | - | - |
2027 | 1.12 | - | - | - | - | -1.88 | -36.91 | +16.23 | 282.5 | +30.23 | 558.1 | - | - | - | - | - | - | +2.97 | 21.46 | - | - |
2028 | 1.12 | - | - | - | - | - | 312.6 | - | 332.8 | - | - | - | - | - | - | - | - | - | 746.8 | - | - |
DEC24 |
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JAN25 |
FEB25 |
MAR25 |
APR25 |
MAY25 |
JUN25 |
1Q25 |
2Q25 |
3Q25 |
4Q25 |
1Q26 |
2024 |
2025 |
2026 |
2027 |
2028 |