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Butter Cash-Settled Apr '26 (BDJ26)

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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
04/28/26 (47 days)
Expiration Date
04/28/26 (47 days)

Seasonal Chart

Butter Cash-Settled Apr '26
Average Price Chart for 5 Prior Apr 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
184.5000 +2.98%
on 03/11/26
220.4500 -13.81%
on 02/26/26
-1.8250 (-0.95%)
since 02/12/26
3-Month
166.8500 +13.87%
on 01/05/26
220.4500 -13.81%
on 02/26/26
+13.2500 (+7.50%)
since 12/12/25
52-Week
166.8500 +13.87%
on 01/05/26
267.5000 -28.97%
on 06/25/25
-50.0000 (-20.83%)
since 03/12/25

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Most Recent Stories

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Lean Hogs Weak on Wednesday

Lean hog futures were weaker on Wednesday, with losses of 87 cent to $1.40. USDA’s national base hog price was reported at $92.89 on Wednesday afternoon, up 12 cents from the day prior. The CME Lean...

HEK26 : 100.050s (-1.28%)
HEJ26 : 95.200s (-0.91%)
HEM26 : 109.250s (-1.27%)
Cattle Fall Back on Wednesday

Live cattle futures faced losses of $2.00 to $2.25 in the front months on Wednesday. Cash trade has yet to see much action this week, but got started off with $372 dressed reported as well as a few light...

LEQ26 : 226.175s (-0.95%)
LEM26 : 228.075s (-0.92%)
LEJ26 : 230.150s (-0.96%)
GFJ26 : 343.300s (-1.82%)
GFH26 : 348.725s (-1.31%)
GFK26 : 339.825s (-1.90%)
Shootin' the Bull about input costs and not knowing what to expect next

Energy, feed, and the price of money have all increased significantly in a very short period of time, unexpectedly, and may or may not recede anytime soon.

Hogs Falling on Wednesday

Lean hog futures are trading with 92 cent to $1.80 losses in the front months on Wednesday. USDA’s national base hog price was reported at $93.05 on Wednesday morning, up 37 cents from the day prior....

HEK26 : 100.050s (-1.28%)
HEJ26 : 95.200s (-0.91%)
HEM26 : 109.250s (-1.27%)
Cattle Facing Pressure on Wednesday

Live cattle futures are facing losses of $2.00 to $2.10 in the front months on Wednesday. Cash trade has yet to see much action this week, with $372 dressed reported as well as a few light sales of $235....

LEQ26 : 226.175s (-0.95%)
LEM26 : 228.075s (-0.92%)
LEJ26 : 230.150s (-0.96%)
GFJ26 : 343.300s (-1.82%)
GFH26 : 348.725s (-1.31%)
GFK26 : 339.825s (-1.90%)
The cattle charts are starting to get that Swiss cheese look, with gaps above and below the market.

Cattle markets have seen a choppier trade over the last week, right instep with the outside markets. With that said, there were some caution signs popping up with yesterday’s price action.

Cattle Look to Wednesday Trade

Live cattle futures were back up $2.20 to $2.80 on the Tuesday close. Open interest was down 680 contracts on Tuesday. Cash trade has yet to see much action this week, with $372 dressed reported, down...

LEQ26 : 226.175s (-0.95%)
LEM26 : 228.075s (-0.92%)
LEJ26 : 230.150s (-0.96%)
GFJ26 : 343.300s (-1.82%)
GFH26 : 348.725s (-1.31%)
GFK26 : 339.825s (-1.90%)
Hogs Look to Wednesday After Tuesday Rally

Lean hog futures closed the Tuesday session with contracts 75 cents to $1.25 higher. Open interest was up 2,208 contracts on Tuesday. USDA’s national base hog price was reported at $92.77 on Tuesday...

HEK26 : 100.050s (-1.28%)
HEJ26 : 95.200s (-0.91%)
HEM26 : 109.250s (-1.27%)
Aug ’26 SOYBEANS – MAY ’26 CORN SPREAD (ZSQ26-ZCK26) - WALSH PURE SPREADER

WALSH PURE SPREADER - Pure Hedge Division

Cattle Bounces on Turnaround Tuesday

Live cattle futures were back up $2.20 to $2.80 on the Tuesday close. Cash trade has yet to see much action this week, with $372 dressed reported, down from $380 last week and $240 live. Feeder cattle...

LEQ26 : 226.175s (-0.95%)
LEM26 : 228.075s (-0.92%)
LEJ26 : 230.150s (-0.96%)
GFJ26 : 343.300s (-1.82%)
GFH26 : 348.725s (-1.31%)
GFK26 : 339.825s (-1.90%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 202.1167
2nd Resistance Point 197.3083
1st Resistance Point 194.1167
Last Price 190.0000
1st Support Level 186.1167
2nd Support Level 181.3083
3rd Support Level 178.1167

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52-Week High 267.5000
Fibonacci 61.8% 229.0517
Fibonacci 50% 217.1750
Fibonacci 38.2% 205.2983
Last Price 190.0000
52-Week Low 166.8500

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