Nonfat Dry Milk Futures (CME GNF)

Chicago Mercantile Exchange · November 2026 contract · Priced in U.S. cents per pound

Contract Overview

210.23 ¢/lb +0.83% (+1.73) Today
Nov 4, 1:59 PM UTC-6
Price performance
Open 207.75
Day's range 207.75 – 210.48
Volume 36
Prev. settlement 208.50
30-day range 197.63 – 212.00
Open interest 2.08K
Bid 209.00
Ask 210.00
Expires Dec 1, 2026

CME · Delayed 10 min · Updated 46 min ago · Market open · no recent trades

Price Performance

November 2026 · GNFX26

Returns

1 week +5.8% +5.8% 1 week +11.58 from 198.65 on Oct 28
1 month +2.1% +2.1% 1 month +4.23 from 206.00 on Oct 6
3 months +35.9% +35.9% 3 months +55.58 from 154.65 on Aug 6
6 months +24.0% +24.0% 6 months +40.73 from 169.50 on May 6
Year to date +68.9% +68.9% year to date +85.73 from 124.50 on Dec 31, 2025
1 year +68.9% +68.9% 1 year +85.73 from 124.50 on Nov 3, 2025
  • 52-week high 211.80 Oct 12 · price 0.7% below
  • 52-week low 121.83 Dec 17, 2025 · price 72.6% above
  • 20-session high 211.80 Oct 12 · price 0.7% below
  • 20-session low 198.65 Oct 28 · price 5.8% above
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Commitments of Traders

Tuesday, Oct 27

Net positions

FundsManaged money −512 −512 net short Managed money · Bought 17 on the week · net short for 10 weeks
CommercialsProducers and merchants +4.5K +4.5K net long Producers and merchants · Long 13.9K · short 9.4K · net +511 on the week
  • Funds on the week Bought 17 Net short for 10 weeks
  • Open interest 25.8K Up 352 on the week · 52 traders

Funds are hedge funds and other money managers (managed money). Commercials are the hedgers: farmers, elevators, processors and exporters (producers and merchants). Net is longs less shorts, in contracts of 44,000 pounds, as of Tuesday’s close.

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Futures chain

GNFX26 Nov 2026 210.23 ¢/lb +1.73 +0.83%
GNFZ26 Dec 2026 204.00 ¢/lb +3.00 +1.49%
GNFF27 Jan 2027 198.75 ¢/lb +1.50 +0.76%
GNFG27 Feb 2027 192.00 ¢/lb -0.05 -0.03%
GNFH27 Mar 2027 189.50 ¢/lb +0.13 +0.07%
GNFJ27 Apr 2027 187.50 ¢/lb +0.68 +0.36%
GNFK27 May 2027 185.60 ¢/lb +0.85 +0.46%
GNFM27 Jun 2027 184.00 ¢/lb +0.55 +0.30%
GNFN27 Jul 2027 181.98 ¢/lb 0.00 0.00%
GNFQ27 Aug 2027 180.50 ¢/lb +1.50 +0.84%
GNFU27 Sep 2027 179.13 ¢/lb +1.30 +0.73%
GNFV27 Oct 2027 176.55 ¢/lb 0.00 0.00%
GNFX27 Nov 2027 175.15 ¢/lb 0.00 0.00%
GNFZ27 Dec 2027 173.60 ¢/lb +0.25 +0.14%
GNFF28 Jan 2028 170.60 ¢/lb +0.45 +0.26%
GNFG28 Feb 2028 157.23 ¢/lb 0.00 0.00%
GNFH28 Mar 2028 156.00 ¢/lb 0.00 0.00%
GNFJ28 Apr 2028 151.98 ¢/lb 0.00 0.00%
GNFK28 May 2028 147.88 ¢/lb 0.00 0.00%
GNFM28 Jun 2028 147.20 ¢/lb 0.00 0.00%

News Stories

Feedstuffs•Nov 04 USDA plans $472.5M in Section 32 food purchases
Farms.comFarms.com•Oct 30 Dairy Market Drivers: Rise and Fall of Breakfast Cereals; Cheese and Whey Price Updates; and Food Inflation in a Minute!
Farms.comFarms.com•Oct 28 Canadian Dairy Commission Announcement on Price Adjustments in 2027
AgDaily•Oct 27 Washington dairy bird flu cases triple to 27 in just a week’s time
Farm ProgressFarm Progress•Oct 27 Milk futures take a $3 bounce, but surplus supply looms
Brownfield Ag NewsBrownfield Ag News•Oct 12 Cheese, nonfat dry milk lead Monday CME cash dairy prices
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Contract Specifications

Contract November 2026 · GNFX26
Exchange Chicago Mercantile Exchange · GNF
Contract size 44,000 pounds
Tick size 0.025¢ per pound · $11.00 per contract
Value of a 1¢ move $440 per contract
Contract months Every month (F–Z)
Trading hours 5:00 pm – 4:00 pm CT, Sun–Fri, with a daily 1-hour break
Settlement Cash-settled
DISCLAIMER: The grain price information provided on Farmbucks.com is for informational purposes only and is subject to change at any time. Prices are sourced from participating grain companies, verified farmer reports and our trusted partners such as Barchart and DTN. While we work to ensure accuracy, discrepancies may occur between the prices listed on this website and those provided by grain buyers. Users are responsible for contacting the purchaser directly to confirm current prices and selling instructions. Farmbucks does not guarantee the accuracy, completeness, or timeliness of the prices displayed and assumes no liability for decisions made based on this information.

Futures Market Data: Futures price data on Farmbucks is provided by DTN, CME Group, and ICE. This data is for informational purposes only and may be subject to delays or inaccuracies. Please consult official exchange sources or your broker for trading decisions.

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