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Butter Cash-Settled Jan '24 (BDF24)

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Contract Specifications

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Contract
Butter Cash-Settled
Contract Size
20,000 pounds
Tick Size
0.025 per pound ($5.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. Sun-Thur, 5:00p.m. - 1:55p.m. Fri CST
Exchange
CME
Point Value
$200
Margin/Maintenance
$1,210/1,100
First Notice Date
01/30/24
Expiration Date
01/31/24 (expired)

Seasonal Chart

Butter Cash-Settled Jan '24
Average Price Chart for 5 Prior Jan Contracts
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
260.0000 +1.13%
on 01/09/24
264.5750 -0.62%
on 01/02/24
+3.4650 (+1.34%)
since 12/29/23
3-Month
243.0250 +8.19%
on 11/20/23
264.5750 -0.62%
on 01/02/24
+9.4400 (+3.72%)
since 10/31/23
52-Week
225.0000 +16.86%
on 02/07/23
268.0000 -1.89%
on 09/25/23
+37.9400 (+16.86%)
since 01/30/23

More Butter Cash-Settled Quotes

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Most Recent Stories

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Hogs Back to Higher Trade on Tuesday

Lean hog futures are 75 to 85 cents higher in the front months on Tuesday. USDA’s national base hog price was not reported on Tuesday mornind due to packer submission issues. The CME Lean Hog Index was...

HEM26 : 101.425s (+1.68%)
HEK26 : 92.800s (+1.28%)
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Cattle Trading with Tuesday Midday Gains

Live cattle futures are trading 92 cents to $2.27 higher so far on Tuesday. Cash trade from last week finished out near $256-257. It has been quiet so far this week. Feeder cattle futures are $4 to $5...

LEV26 : 243.225s (+1.15%)
LEQ26 : 248.350s (+0.88%)
LEM26 : 253.225s (+0.59%)
GFQ26 : 372.300s (+1.55%)
GFK26 : 371.825s (+1.43%)
GFU26 : 370.375s (+1.53%)
Cattle Shift Focus to Tuesday After Monday Losses

Live cattle futures settled with $1.25 to $2 losses across most contracts on Monday. Open interest saw modest new selling, up 1,266 contracts. Cash trade from last week started at $250-252 across the country...

LEV26 : 243.225s (+1.15%)
LEQ26 : 248.350s (+0.88%)
LEM26 : 253.225s (+0.59%)
GFQ26 : 372.300s (+1.55%)
GFK26 : 371.825s (+1.43%)
GFU26 : 370.375s (+1.53%)
Hogs Look to Tuesday after Starting the Week on a Softer Note

Lean hog futures posted losses of 32 cents to $1.55 at the Monday close. Open interest suggested a rotation of ownership, up 267 contracts. USDA’s national base hog price was reported at $94.44 on Monday...

HEM26 : 101.425s (+1.68%)
HEK26 : 92.800s (+1.28%)
HEN26 : 103.525s (+1.67%)
Hogs Face Continued Weakness on Monday

Lean hog futures posted losses of 32 cents to $1.55 at the Monday close. USDA’s national base hog price was reported at $94.44 on Monday afternoon, up $1.90 from the day prior. The CME Lean Hog Index...

HEM26 : 101.425s (+1.68%)
HEK26 : 92.800s (+1.28%)
HEN26 : 103.525s (+1.67%)
Cattle Pull Off Lows, Still Fall on Monday

Live cattle futures settled with $1.25 to $2 losses across most contracts on Monday. Cash trade from last week started at $250-252 across the country and worked up to $256-257. Feeder cattle futures were...

LEV26 : 243.225s (+1.15%)
LEQ26 : 248.350s (+0.88%)
LEM26 : 253.225s (+0.59%)
GFQ26 : 372.300s (+1.55%)
GFK26 : 371.825s (+1.43%)
GFU26 : 370.375s (+1.53%)
Hogs Breakdown

Weaker cash and potential disease worries hinder hogs

Shootin' the Bull about restructuring production and processing

The industry appears to be going through some painful restructuring of production and processing capacity at the top end of the known price range.

Hogs Look to Monday Trade

Lean hog futures are trading with contracts 97 cents to $1.50 lower at midday. USDA’s national base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index was back down...

HEM26 : 101.425s (+1.68%)
HEK26 : 92.800s (+1.28%)
HEN26 : 103.525s (+1.67%)
Cattle Falling on Monday

Live cattle futures are kicking off Monday with losses of $2.47 to $3.12. Cash trade from last week started at $250-252 across the country and worked up to $256-257. Feeder cattle futures are falling $6.07...

LEV26 : 243.225s (+1.15%)
LEQ26 : 248.350s (+0.88%)
LEM26 : 253.225s (+0.59%)
GFQ26 : 372.300s (+1.55%)
GFK26 : 371.825s (+1.43%)
GFU26 : 370.375s (+1.53%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 262.9400
2nd Resistance Point 262.9400
1st Resistance Point 262.9400
Last Price 262.9400s
1st Support Level 262.9400
2nd Support Level 262.9400
3rd Support Level 262.9400

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52-Week High 268.0000
Last Price 262.9400s
Fibonacci 61.8% 251.5740
Fibonacci 50% 246.5000
Fibonacci 38.2% 241.4260
52-Week Low 225.0000

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