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Butter Cash-Settled Jun '23 (BDM23)

245.1000s +0.1500 (+0.06%) 06/28/23 [CME]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Wed, Jun 28th, 2023
Day Low
245.1000
Day High
245.1000
Open 0.0000
Previous Close 244.9500 244.9500
Volume 0 0
Open Interest 1,718 1,718
Stochastic %K 93.57% 93.57%
Weighted Alpha +6.18 +6.18
5-Day Change +1.2500 (+0.51%) +1.2500 (+0.51%)
52-Week Range 220.0000 - 255.5000 220.0000 - 255.5000
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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
07/05/23
Expiration Date
06/28/23 (expired)

Seasonal Chart

Butter Cash-Settled Jun '23
Average Price Chart for 5 Prior Jun Contracts
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Price Performance

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Period Period Low Period High Performance
1-Month
240.0000 +2.13%
on 06/05/23
Period Open: 240.7250
245.7500 -0.26%
on 06/01/23
+4.3750 (+1.82%)
since 05/26/23
3-Month
236.0250 +3.84%
on 04/10/23
Period Open: 242.7500
245.9750 -0.36%
on 05/02/23
+2.3500 (+0.97%)
since 03/28/23
52-Week
220.0000 +11.41%
on 07/05/22
Period Open: 227.5000
255.5000 -4.07%
on 02/13/23
+17.6000 (+7.74%)
since 06/28/22

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Most Recent Stories

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Cattle Turn Mixed into the Close

Fat cattle futures closed out the Tuesday session with contracts slipping a dime to 50 cents into the close. Cash activity thus far has been limited to accumulating show lists. Feeder cattle futures closed...

LEZ25 : 221.650s (-0.05%)
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Hogs Post Mixed Trade on Tuesday

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HEV25 : 90.500s (-0.52%)
HEQ25 : 107.750s (+0.37%)
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Cattle Futures Turn Higher as Tuesday Progresses

Nearby August and October delivery cattle futures were fading Monday’s gains on Tuesday, but have turned higher at midday. Overall, prices are up 17 to 67 cents. Heat stress is a concern, with heat...

LEZ25 : 221.650s (-0.05%)
LEV25 : 221.125s (-0.23%)
LEQ25 : 224.975s (-0.11%)
GFU25 : 328.575s (+0.27%)
GFQ25 : 328.275s (+0.21%)
GFV25 : 326.875s (+0.28%)
Cattle Look to Tuesday After New Highs on Monday

Live cattle futures saw $1.67 to $1.95 gains at the Monday close. Preliminary open interest was up 4,462 contracts on Monday, suggesting new buying interest. Cash trade on Friday saw KS at $230-231 and...

LEZ25 : 221.650s (-0.05%)
LEV25 : 221.125s (-0.23%)
LEQ25 : 224.975s (-0.11%)
GFU25 : 328.575s (+0.27%)
GFQ25 : 328.275s (+0.21%)
GFV25 : 326.875s (+0.28%)
Hogs Look to Tuesday with Cutout Strength

Lean hog futures closed up 10 to 87 cents on Monday. Preliminary open interest was down 2,469 contracts on Monday. USDA’s national base hog price had a weighted average of $110.47 this afternoon, up...

HEV25 : 90.500s (-0.52%)
HEQ25 : 107.750s (+0.37%)
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Hogs Hold on for Gains on Monday

Lean hog futures were up 10 to 87 cents at the Monday close. USDA’s national base hog price had a weighted average of $110.47 this afternoon, up $4.92 from the previous report. The CME Lean Hog Index...

HEV25 : 90.500s (-0.52%)
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Cattle Rallies to New Life of Contract Highs

Live cattle futures posted gains of $1.67 to $1.95 at the Monday close. Cash trade on Friday saw KS at $230-231 and $240-242 northern action. Feeder cattle futures were up $3.50 to $3.70 on te session....

LEZ25 : 221.650s (-0.05%)
LEV25 : 221.125s (-0.23%)
LEQ25 : 224.975s (-0.11%)
GFU25 : 328.575s (+0.27%)
GFQ25 : 328.275s (+0.21%)
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Hog Price Action Mixed Thus Far on Monday

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Cattle Futures Sneak Into New Life of Contract Highs

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LEZ25 : 221.650s (-0.05%)
LEV25 : 221.125s (-0.23%)
LEQ25 : 224.975s (-0.11%)
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Hog Traders Shift Focus to New Week After Friday Gains

Lean hog futures saw strength on Friday, up a tick to 65 cents. August was up $1.80 on the week. Preliminary open interest was dropping 6,605 contracts on Friday. USDA’s national base hog price had a...

HEV25 : 90.500s (-0.52%)
HEQ25 : 107.750s (+0.37%)
HEZ25 : 82.850s (-0.06%)
Cattle Look to Fresh Week of Trade as Cash Trade Holds Up

Live cattle fell lower on Friday as contracts closed with 12 to 70 cent losses. August was still up $1.35 last week. Friday’s preliminary open interest suggested some long liquidation, down 2,335 contracts....

LEZ25 : 221.650s (-0.05%)
LEV25 : 221.125s (-0.23%)
LEQ25 : 224.975s (-0.11%)
GFU25 : 328.575s (+0.27%)
GFQ25 : 328.275s (+0.21%)
GFV25 : 326.875s (+0.28%)
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Cattle Fade Lower into the Weekend

Live cattle were lower on Friday as contracts pulled off midday lows to close with 12 to 70 cent losses. August was still up $1.35 this week. Cash trade was light this week, with trade picked up in KS...

LEZ25 : 221.650s (-0.05%)
LEV25 : 221.125s (-0.23%)
LEQ25 : 224.975s (-0.11%)
GFU25 : 328.575s (+0.27%)
GFQ25 : 328.275s (+0.21%)
GFV25 : 326.875s (+0.28%)
Hogs Close Higher on Friday

Lean hog futures posted gains on Friday of as little as a tick to 65 cents. August was up $1.80 since last Friday. USDA’s national base hog price had a weighted average of $105.55 on Friday afternoon,...

HEV25 : 90.500s (-0.52%)
HEQ25 : 107.750s (+0.37%)
HEZ25 : 82.850s (-0.06%)
Hogs Higher While the Cattle Markets Dip

Rumor mill strikes cattle, but it survives

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 245.1000
2nd Resistance Point 245.1000
1st Resistance Point 245.1000
Last Price 245.1000s
1st Support Level 245.1000
2nd Support Level 245.1000
3rd Support Level 245.1000

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52-Week High 255.5000
Last Price 245.1000s
Fibonacci 61.8% 241.9390
Fibonacci 50% 237.7500
Fibonacci 38.2% 233.5610
52-Week Low 220.0000

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