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Butter Cash-Settled Sep '23 (BDU23)

275.3200s +2.3200 (+0.85%) 10/04/23 [CME]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Wed, Oct 4th, 2023
Day Low
275.3200
Day High
275.3200
Open 0.0000
Previous Close 273.0000 273.0000
Volume 0 0
Open Interest 1,877 1,877
Relative Strength 67.03% 67.03%
Weighted Alpha +16.60 +16.60
5-Day Change +2.3200 (+0.85%) +2.3200 (+0.85%)
52-Week Range 238.0250 - 279.0000 238.0250 - 279.0000
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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
10/03/23
Expiration Date
10/04/23 (expired)

Seasonal Chart

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

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Period Period Low Period High Performance
1-Month
265.0250 +3.88%
on 09/11/23
Period Open: 266.0000
275.3200 unch
on 10/04/23
+9.3200 (+3.50%)
since 09/01/23
3-Month
241.5000 +14.00%
on 07/05/23
Period Open: 241.9500
279.0000 -1.32%
on 08/17/23
+33.3700 (+13.79%)
since 07/03/23
52-Week
238.0250 +15.67%
on 10/06/22
Period Open: 238.0250
279.0000 -1.32%
on 08/17/23
+37.2950 (+15.67%)
since 10/04/22

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Most Recent Stories

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Hogs Continue Strength on Tuesday

Lean hog futures are up 60 cents to $1.50 so far on Tuesday. USDA’s national base hog price was reported at $109.06 in the Tuesday AM report, up $2.39 from the day prior. The CME Lean Hog Index was down...

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Cattle Rally Resumes on Tuesday

Live cattle futures are showing gains on Tuesday, with contracts up $1.10 to $1.80. Cash trade was quiet on Monday, mostly compiling showlists. Last week saw northern dressed action at $385-392 and live...

LEZ25 : 239.925s (+0.79%)
LEV25 : 238.200s (+0.58%)
LEQ25 : 242.500s (+0.95%)
GFU25 : 365.050s (+0.87%)
GFQ25 : 363.225s (+0.66%)
GFV25 : 363.775s (+0.84%)
Get a FREE 1-Year Subscription to Barchart Premier! Open and Fund a Plus500 Futures Account and Make a Trade

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Cattle Look to Tuesday, after Bulls Fend off Monday Weakness

Live cattle futures saw bulls pull off the early session lows at the Monday open to close with 1 to $1.30 losses, as nearby and soon to expire August was up 27 cents. Cash trade was quiet on Monday, mostly...

LEZ25 : 239.925s (+0.79%)
LEV25 : 238.200s (+0.58%)
LEQ25 : 242.500s (+0.95%)
GFU25 : 365.050s (+0.87%)
GFQ25 : 363.225s (+0.66%)
GFV25 : 363.775s (+0.84%)
Hogs Hold Higher on Monday as Traders Look to Tuesday Action

Lean hog futures saw some strength on Monday, with contracts up 20 to 40 cents in the front months. Preliminary open interest rose 2,405 contracts on Monday. USDA’s national base hog price was reported...

HEZ25 : 85.925s (+1.39%)
HEV25 : 93.425s (+2.22%)
HEG26 : 88.125s (+0.71%)
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Cattle Fade Screwworm News to Close with Slight Losses

Live cattle futures pulled off the early session lows at the open to close with 1 to $1.30 losses, as nearby and soon to expire August was up 27 cents. Cash trade was quiet on Monday, mostly compiling...

LEZ25 : 239.925s (+0.79%)
LEV25 : 238.200s (+0.58%)
LEQ25 : 242.500s (+0.95%)
GFU25 : 365.050s (+0.87%)
GFQ25 : 363.225s (+0.66%)
GFV25 : 363.775s (+0.84%)
Hogs Manage to Hold Gains on Monday

Lean hog futures saw some strength on Monday, with contracts up 20 to 40 cents in the front months. USDA’s national base hog price was reported at $105.67 in the Monday PM report, down $1.99 from the...

HEZ25 : 85.925s (+1.39%)
HEV25 : 93.425s (+2.22%)
HEG26 : 88.125s (+0.71%)
Hogs Maintain Neutral Pace

Hogs remain in trading range

Walsh Gamma Trader

Low-Cost Options, With Limited Risk

Hogs Trading Higher at Midday

Lean hog futures are trading with 20 to 40 cent gains across most contracts on Monday. USDA’s national base hog price was reported at $106.67 in the Monday AM report, down $1.22 from the day prior. The...

HEZ25 : 85.925 (+1.39%)
HEV25 : 93.425s (+2.22%)
HEG26 : 88.125s (+0.71%)
Cattle Fading Off Screwworm News at Midday, with Slight Losses

Live cattle futures are down 7 to 95 cents across most contracts on Monday, off the morning lows. Cash trade fell into place later last week, with northern dressed action at $385-392 and live trade at...

LEZ25 : 239.925s (+0.79%)
LEV25 : 238.200s (+0.58%)
LEQ25 : 242.500s (+0.95%)
GFU25 : 365.050s (+0.87%)
GFQ25 : 363.225s (+0.66%)
GFV25 : 363.775s (+0.84%)
Grain Markets are Mixed While Cattle Futures See Volatility Spike Ft. Oliver Sloup

Oliver Sloup joins RFD-TV to break down a choppy start to the week in grains with corn and wheat looking constructive. On the cattle side of things, volatility is the theme to start the week.

Hogs Look to Monday Trade

Lean hog futures closed out the Friday session with nearby contracts up $1.07 to $1.27, as October was $1.10 higher last week. USDA’s national base hog price was reported at $107.66 in the Friday PM...

HEZ25 : 85.925 (+1.39%)
HEV25 : 93.425s (+2.22%)
HEG26 : 88.125s (+0.71%)
Traders Look to React to Cattle on Feed Report

Live cattle futures posted gains of $1.30 to $3.15 across most contracts on Friday, with October up $7.22 on the week. Cash trade fell into place later last week, with northern dressed action at $385-392...

LEZ25 : 239.925s (+0.79%)
LEV25 : 238.200s (+0.58%)
LEQ25 : 242.500s (+0.95%)
GFU25 : 365.050s (+0.87%)
GFQ25 : 363.225s (+0.66%)
GFV25 : 363.775s (+0.84%)
Lean Hogs & 61.8% Fibonacci Retracements

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

HEZ25 : 85.925 (+1.39%)
HEV25 : 93.425s (+2.22%)
Is the exuberance rational in the cattle and equity markets?

Sep grain options expired Friday

Hogs Post Friday Rally, as Pork Stocks Tighten

Lean hog futures closed the Friday session with nearby contracts up $1.07 to $1.27, as October was up $1.10 this week. USDA’s national base hog price was reported at $107.66 in the Friday PM report,...

HEZ25 : 85.925 (+1.39%)
HEV25 : 93.425s (+2.22%)
HEG26 : 88.125s (+0.71%)
CattleCattle Rally into the Close, as USDA Report Show Higher Than Expected Placements

Live cattle futures saw gains of $1.30 to $3.15 across most contracts on Friday, with October up $7.22 on the week. Cash trade fell into place later this week, with northern dressed action at $385-392...

LEZ25 : 239.925s (+0.79%)
LEV25 : 238.200s (+0.58%)
LEQ25 : 242.500s (+0.95%)
GFU25 : 365.050s (+0.87%)
GFQ25 : 363.225s (+0.66%)
GFV25 : 363.775s (+0.84%)
Cattle Markets Surge Trade to New All-time Highs

Cattle make new all-time highs

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 275.3200
2nd Resistance Point 275.3200
1st Resistance Point 275.3200
Last Price 275.3200s
1st Support Level 275.3200
2nd Support Level 275.3200
3rd Support Level 275.3200

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52-Week High 279.0000
Last Price 275.3200s
Fibonacci 61.8% 263.3475
Fibonacci 50% 258.5125
Fibonacci 38.2% 253.6774
52-Week Low 238.0250

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