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Nonfat Dry Milk Aug '15 (DFQ15)

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Contract Specifications

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Contract
Non Fat Dry Milk
Contract Size
44,000 pounds of Grade A and Extra Grade Dry Milk
Tick Size
0.025 per pound ($11.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. Sun-Thur, 5:00p.m. - 1:55p.m. Fri CST
Exchange
CME
Point Value
$440
Expiration Date
08/31/15 (expired)

Seasonal Chart

Nonfat Dry Milk Aug '15
Average Price Chart for 5 Prior Aug Contracts
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Price Performance

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Period Period Low Period High Performance
1-Month
73.025 +2.29%
on 08/13/15
80.000 -6.63%
on 08/05/15
-0.425 (-0.57%)
since 07/31/15
3-Month
73.025 +2.29%
on 08/13/15
104.000 -28.17%
on 06/01/15
-29.800 (-28.52%)
since 05/29/15
52-Week
73.025 +2.29%
on 08/13/15
140.500 -46.83%
on 09/08/14
-65.575 (-46.75%)
since 08/28/14

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Most Recent Stories

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Traders Set to Begin Cattle on Feed Friday

Live cattle settled 57 to 65 cents lower on Thursday. Cash trade this week has been quiet so far, with a few light trades of $192 in the north and $187 in the south, though nothing to establish a trend....

LEM24 : 183.375 (-0.08%)
LEQ24 : 180.700 (-0.21%)
LEV24 : 183.775 (-0.16%)
GFQ24 : 260.225 (-0.47%)
GFU24 : 261.400 (-0.50%)
GFV24 : 262.050 (-0.48%)
Hogs Look to Friday After Week of Weakness

Lean hogs closed Thursday with losses of 7 to 87 cents across the board. USDA’s National Average Base Hog negotiated price was up 44 cents in the Thursday afternoon report at $88.27. The CME Lean Hog...

HEM24 : 94.225 (-0.32%)
HEN24 : 97.100 (-0.38%)
HEQ24 : 96.675 (-0.36%)
Hogs Continues Lower as Pork Cutout Drags

Lean hogs closed Thursday with losses of 7 to 87 cents across the board. USDA’s National Average Base Hog negotiated price was up 44 cents in the Thursday afternoon report at $88.27. The CME Lean Hog...

HEM24 : 94.225 (-0.32%)
HEN24 : 97.100 (-0.38%)
HEQ24 : 96.675 (-0.36%)
Cattle Leak Lower into the Close, Despite Midday Gains

Live cattle are trading with 37 to 60 cent gains across most contracts on Thursday. Cash trade this week has been quiet so far, with a few light trades of $192 in the north and $187 in the south, though...

LEM24 : 183.375 (-0.08%)
LEQ24 : 180.700 (-0.21%)
LEV24 : 183.775 (-0.16%)
GFQ24 : 260.225 (-0.47%)
GFU24 : 261.400 (-0.50%)
GFV24 : 262.050 (-0.48%)
A Quiet Grain Trade Ahead of a Long Weekend.

Grains were mixed in today’s trade with corn and wheat higher while soybeans were lower. Where does that put us ahead of the long weekend

Livestock Slaughter

Livestock Slaughter - 2024-05-23

GFQ24 : 260.225 (-0.47%)
LCM24 : 181.600s (-0.71%)
LEQ24 : 180.700 (-0.21%)
LHM24 : 101.675s (+1.98%)
HEN24 : 97.100 (-0.38%)
YKU24 : 18,280s (-0.60%)
Shootin' the Bull about opposites

There won't be much to say were prices to move lower in fats, simply due to there not having been any premium to appreciate from.  Not so in the feeder market, where not only premium abounds, but options...

Cattle Shrugging Off Fresh H5N1 News

Live cattle are trading with 37 to 60 cent gains across most contracts on Thursday. Cash trade this week has been quiet so far, with a few light trades of $192 in the north and $187 in the south, though...

LEM24 : 183.375 (-0.08%)
LEQ24 : 180.700 (-0.21%)
LEV24 : 183.775 (-0.16%)
GFQ24 : 260.225 (-0.47%)
GFU24 : 261.400 (-0.50%)
GFV24 : 262.050 (-0.48%)
Hogs Continuing Grind Lower on Thursday

Lean hogs are down another 30 to 75 cents so far on Thursday. USDA’s National Average Base Hog negotiated price was not reported on Thursday morning, with the Wednesday afternoon price reported at $87.83....

HEM24 : 94.225 (-0.32%)
HEN24 : 97.100 (-0.38%)
HEQ24 : 96.675 (-0.36%)
Cattle Extended Rally on Wednesday

Live cattle ended the Wednesday session with contracts up $1 to $1.50 across the board. Cash trade this week has been quiet so far, with a few light trades of $192 in the north and $187 in the South, though...

LEM24 : 183.375 (-0.08%)
LEQ24 : 180.700 (-0.21%)
LEV24 : 183.775 (-0.16%)
GFQ24 : 260.225 (-0.47%)
GFU24 : 261.400 (-0.50%)
GFV24 : 262.050 (-0.48%)

Key Turning Points

3rd Resistance Point 76.117
2nd Resistance Point 75.833
1st Resistance Point 75.267
Last Price 74.700s
1st Support Level 74.417
2nd Support Level 74.133
3rd Support Level 73.567

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52-Week High 140.500
Fibonacci 61.8% 114.725
Fibonacci 50% 106.763
Fibonacci 38.2% 98.800
Last Price 74.700s
52-Week Low 73.025

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