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Butter Cash-Settled Feb '26 (BDG26)

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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
03/03/26
Expiration Date
03/03/26 (expired)

Seasonal Chart

Butter Cash-Settled Feb '26
Average Price Chart for 5 Prior Feb 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
155.0750 +9.41%
on 02/12/26
169.6600 unch
on 03/04/26
+13.5350 (+8.67%)
since 02/04/26
3-Month
144.0000 +17.82%
on 01/08/26
170.0250 -0.21%
on 01/26/26
+9.6600 (+6.04%)
since 12/04/25
52-Week
144.0000 +17.82%
on 01/08/26
267.0000 -36.46%
on 07/07/25
-85.3400 (-33.47%)
since 03/04/25

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Most Recent Stories

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Hogs See Some Strength on Friday

Lean hog futures were mixed on Friday, with April down a nickel and the rest of the board up 20 to 67 cents. April was down a dime on the week. USDA’s national base hog price was reported at $91.69 on...

HEK26 : 100.850s (+0.32%)
HEJ26 : 95.625s (-0.05%)
HEM26 : 110.575s (+0.61%)
Cattle Rounds Out the Week with Losses

Live cattle futures were under pressure from falling equities on Friday, with contracts down $3.80 to $4.50 at the close. April was up $2.35 from last Friday. Cash trade settled in at $240 across most...

LEQ26 : 229.250s (-1.78%)
LEM26 : 231.475s (-1.62%)
LEJ26 : 234.575s (-1.66%)
GFJ26 : 351.625s (-2.05%)
GFH26 : 355.625s (-1.92%)
GFK26 : 348.075s (-2.10%)
Shootin' the Bull about volatility and price expanse

In my opinion, what a week of price volatility and expanse.  While not one for the record books, it is noticeable.

Hogs Firm on Friday

Lean hog futures are trading a tick to 15 cents higher in the front months on Friday. USDA’s national base hog price was reported at $90.33 on Friday morning. The CME Lean Hog Index was 37 cents higher...

HEK26 : 100.850s (+0.32%)
HEJ26 : 95.625s (-0.05%)
HEM26 : 110.575s (+0.61%)
Cattle Rounding Out the Week with Losses

Live cattle futures are facing pressure from falling equities, with contracts down $4 to $4.70 at midday. Friday morning’s Fed Cattle Exchange online auction showed sales at $240-242 on 272 of the 1,224...

LEQ26 : 229.250s (-1.78%)
LEM26 : 231.475s (-1.62%)
LEJ26 : 234.575s (-1.66%)
GFJ26 : 351.625s (-2.05%)
GFH26 : 355.625s (-1.92%)
GFK26 : 348.075s (-2.10%)
Cattle Futures Were Resilient in Thursday's Trade. Can They Do it Again?

Cattle futures were able to ignore a lot of the noise from the outside markets on Thursday. With continued volatility into the weekend can they do it again?

Hogs Look to Friday Trade

Lean hog futures saw weakness on Thursday, with contracts down 47 cents to $1.40 in the nearbys and 7 to 32 cent gains in the back months. Open interest was up 1,018 contracts on Thursday USDA’s national...

HEK26 : 100.850s (+0.32%)
HEJ26 : 95.625s (-0.05%)
HEM26 : 110.575s (+0.61%)
Cattle Look to Round Out the Week

Live cattle futures edged out higher on Thursday, with contracts up 10 to 20 cents in the front months, with deferreds 32 to 92 cents higher. Equities are starting out the day on a weaker note, which may...

LEQ26 : 229.250s (-1.78%)
LEM26 : 231.475s (-1.62%)
LEJ26 : 234.575s (-1.66%)
GFJ26 : 351.625s (-2.05%)
GFH26 : 355.625s (-1.92%)
GFK26 : 348.075s (-2.10%)
A look at the 38.2% Fibonacci retracement with the ONE44 rules and guidelines.

Educational and Actionable information using Fibonacci and W.D. Gann analysis.

ZCK26 : 460-4s (+1.54%)
HEJ26 : 95.625s (-0.05%)
LEJ26 : 234.575s (-1.66%)
ZWK26 : 616-6s (+5.65%)
Pure Hedge - Livestock and Grain

Facts are Stubborn - Cattle Numbers are Low

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 169.6600
2nd Resistance Point 169.6600
1st Resistance Point 169.6600
Last Price 169.6600s
1st Support Level 169.6600
2nd Support Level 169.6600
3rd Support Level 169.6600

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52-Week High 267.0000
Fibonacci 61.8% 220.0140
Fibonacci 50% 205.5000
Fibonacci 38.2% 190.9860
Last Price 169.6600s
52-Week Low 144.0000

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