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Class III Milk Oct '14 (DLV14)

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Contract Specifications

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Contract
Milk Class III
Contract Size
200,000 pounds
Tick Size
0.01 cents per hundredweight ($20.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. Sun-Thur, 5:00p.m. - 1:55p.m. (Settles 1:10p.m.) Fri CST
Exchange
CME
Point Value
$2,000
Margin/Maintenance
$1,320/1,200
First Notice Date
10/28/14
Expiration Date
10/31/14 (expired)

Seasonal Chart

Class III Milk Oct '14
Average Price Chart for 5 Prior Oct Contracts

Commitment of Traders Positions as of May 7, 2024

View Chart Details
Commercials - Long / Short
14,995 (-2,994)
10,219 (-366)
Non-Commercials - Long / Short
2,274 (-195)
6,089 (-2,969)
Producers - Long / Short
11,660 (-1,322)
6,383 (-411)
Swap Dealers - Long / Short
1,405 (-714)
1,906 (+1,003)
Managed Money - Long / Short
832 (+425)
2,549 (-1,038)
Other Reportables - Long / Short
1,442 (-620)
3,540 (-1,931)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
23.77 +0.08%
on 10/30/14
24.37 -2.38%
on 10/03/14
-0.27 (-1.12%)
since 09/30/14
3-Month
20.41 +16.56%
on 07/31/14
25.30 -5.97%
on 09/25/14
+3.38 (+16.56%)
since 07/30/14
52-Week
17.06 +39.45%
on 11/07/13
25.30 -5.97%
on 09/25/14
+6.68 (+39.04%)
since 10/30/13

More Class III Milk Quotes

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In my interview today with Michelle Rook on AgWeb's Markets Now I spoke about the recent move higher in wheat, soybean, and corn prices. I also discussed crude oil, interest rates, and the cattle markets....

ZWK24 : 657-0s (-1.98%)
ZSN24 : 1212-4 (-0.08%)
ZCK24 : 453-6s (-1.04%)
LEM24 : 178.250s (+0.04%)
Shootin' the Bull about more beef and fewer cattle

Of the most interest is that we are currently producing more beef than last year with fewer cattle.  Of everything you can mention that has created this, you are correct.  It's taken everything possible...

Hogs Post Mixed Trade on Wednesday

Lean hogs settled the Wednesday session on a mixed note, as front months were down 5 to 82 cents, with the other 24 contracts steady to 27 cents higher. USDA’s National Average Base Hog negotiated price...

HEM24 : 97.500s (-0.84%)
HEN24 : 100.875s (-0.05%)
HEQ24 : 100.025s (+0.13%)
Cattle Post Midweek Strength

Live cattle posted Wednesday strength of 7 to 40 cents across the board, following more boxed beef strength. Cash action has been quiet this week. The Central Stockyards Fed Cattle Exchange saw no sales...

LEM24 : 178.250s (+0.04%)
LEQ24 : 176.525s (+0.23%)
LEV24 : 179.700s (+0.20%)
GFK24 : 243.150s (-0.05%)
GFQ24 : 255.875s (+0.08%)
GFU24 : 256.950s (+0.13%)
Pure Hedge - Livestock and Grain

Grains Break Hard Off the Highs- Livestock Mixed

Broiler Hatchery

Broiler Hatchery - 2024-05-15

Z8Y00 : 116.50s (unch)
WDU24 : 3,977s (-0.57%)
Cattle Holding Higher on Wednesday’s Midday

Live cattle are extending the week’s gains, as contracts are up 17 to 50 cents at midday. Cash action has been quiet this week. The Central Stockyards Fed Cattle Exchange saw no sales on the 1,352 head...

LEM24 : 178.250s (+0.04%)
LEQ24 : 176.525s (+0.23%)
LEV24 : 179.700s (+0.20%)
GFK24 : 243.150s (-0.05%)
GFQ24 : 255.875s (+0.08%)
GFU24 : 256.950s (+0.13%)
Hog Mixed on Wednesday

Lean hogs are mixed on Wednesday, with June down 70 cents, with other contracts slightly above unch. USDA’s National Average Base Hog negotiated price was up $1.17 from the Tuesday afternoon print at...

HEM24 : 97.500s (-0.84%)
HEN24 : 100.875s (-0.05%)
HEQ24 : 100.025s (+0.13%)
Cattle Futures Firm

Livestock futures gain ground in Tuesday’s trade, will they see follow through today?

Cattle Bulls Helped by Boxed Beef Pop

Live cattle closed the Tuesday session with $1.60 to $2.72 gains, as boxed beef rallied for a second consecutive day. Cash action was mostly compiling showlists early this week. Last week was mixed, with...

LEM24 : 178.250s (+0.04%)
LEQ24 : 176.525s (+0.23%)
LEV24 : 179.700s (+0.20%)

Key Turning Points

3rd Resistance Point 23.79
2nd Resistance Point 23.79
1st Resistance Point 23.79
Last Price 23.79s
1st Support Level 23.79
2nd Support Level 23.79
3rd Support Level 23.79

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52-Week High 25.30
Last Price 23.79s
Fibonacci 61.8% 22.15
Fibonacci 50% 21.18
Fibonacci 38.2% 20.21
52-Week Low 17.06

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