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Butter Cash-Settled Mar '23 (BDH23)
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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
$1,760/1,600
First Notice Date
04/04/23
Expiration Date
04/04/23 (expired)

Seasonal Chart

Butter Cash-Settled Mar '23
Average Price Chart for 5 Prior Mar 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
237.0250 +2.20%
on 03/08/23
243.4750 -0.50%
on 03/15/23
+5.2500 (+2.22%)
since 03/03/23
3-Month
233.0000 +3.97%
on 01/19/23
251.5000 -3.68%
on 02/13/23
+5.2500 (+2.22%)
since 01/04/23
52-Week
218.2500 +11.00%
on 05/13/22
256.2000 -5.44%
on 11/17/22
+7.0000 (+2.98%)
since 04/04/22

More Butter Cash-Settled Quotes

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Most Recent Stories

More News
Hogs Up Net $7 for the Week

Most of the lean hog market slid back on Thursday, but the June contract ended the session with a 97 cent gain. The other front months backed off by as much as $1.82 on the day. Even with the triple digit...

HEM23 : 83.550s (+1.18%)
HEQ23 : 80.025s (-2.23%)
KMM23 : 86.250s (+0.82%)
Futures to See Beef Export Demand

Cattle futures printed a strong Thursday session with the June contract leading the way. June fats were up nearly $6 at the close, and filled April’s expiration gap. The other front months were also...

LEM23 : 174.900s (+3.41%)
LEQ23 : 172.375s (+2.80%)
LEV23 : 175.875s (+2.39%)
GFQ23 : 241.650s (+1.03%)
GFU23 : 244.950s (+1.12%)
Updated 6-10 and 8-14 Day Weather Outlooks (Plus yesterday's 2 Minute Drill!)

Below normal precipitation for the "i" states remains persistent in the 6-10 day outlook. Does the 8-14 day show any signs of hope?

June Hogs Closed Higher June First

Most of the lean hog market slid back on Thursday, but the June contract ended the session with a 97 cent gain. The other front months backed off by as much as $1.82 on the day. USDA’s National Average...

HEM23 : 83.550s (+1.18%)
HEQ23 : 80.025s (-2.23%)
KMM23 : 86.250s (+0.82%)
Cattle Rally with Cash Market

Cattle futures printed a strong Thursday session with the June contract leading the way. June fats were up nearly $6 at the close, and filled April’s expiration gap. The other front months were also...

LEM23 : 174.900s (+3.41%)
LEQ23 : 172.375s (+2.80%)
LEV23 : 175.875s (+2.39%)
GFQ23 : 241.650s (+1.03%)
GFU23 : 244.950s (+1.12%)
2 Minute Drill: Corn and Cattle

Grain markets have been on a roller coaster to this week, which is inline with what we historically see during this time of year. Cattle scream higher with June options expiring tomorrow and first notice...

Shootin' the Bull about blowing out the top

Higher boxes, higher cattle, and a lot of short covering was seen today in the cattle markets.  I would expect an increase in open interest from today's trading.  A new high in price has been matched...

Hogs Futures Slipping

Midday hog quotes are mostly in the red, save for a 37 cent gain in the June. The other nearbys are down by as much as 3.5% following the sharp gains to start the week. USDA’s National Average Base Hog...

HEM23 : 83.550s (+1.18%)
HEQ23 : 80.025s (-2.23%)
KMM23 : 86.250s (+0.82%)
Sharp Rally For Cattle Market

Live cattle are working near their new LoC highs with midday gains of +2%. The June contract is up $4.90 so far, and us 30 cents under where April expired. Thursday’s FCE auction had 916 head listed,...

LEM23 : 174.900s (+3.41%)
LEQ23 : 172.375s (+2.80%)
LEV23 : 175.875s (+2.39%)
LEY00 : 171.000s (+0.09%)
GFQ23 : 241.650s (+1.03%)
GFU23 : 244.950s (+1.12%)
Cattle Futures Tack on Another Month of Gains. How Much More Upside is Left?

Live cattle and feeder cattle have strung together an impressive multi month rally. With prices in uncharted territory, let's take a look at seasonal tendencies.

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 242.2500
2nd Resistance Point 242.2500
1st Resistance Point 242.2500
Last Price 242.2500s
1st Support Level 242.2500
2nd Support Level 242.2500
3rd Support Level 242.2500

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52-Week High 256.2000
Last Price 242.2500s
Fibonacci 61.8% 241.7031
Fibonacci 50% 237.2250
Fibonacci 38.2% 232.7469
52-Week Low 218.2500

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