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Butter Cash-Settled Sep '26 (BDU26)

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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
09/29/26 (284 days)
Expiration Date
09/29/26 (284 days)

Seasonal Chart

Butter Cash-Settled Sep '26
Average Price Chart for 5 Prior Sep 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
189.5000 +1.72%
on 12/04/25
198.2000 -2.75%
on 12/17/25
-8.2750 (-4.12%)
since 11/19/25
3-Month
189.5000 +1.72%
on 12/04/25
239.5250 -19.53%
on 10/03/25
-44.7500 (-18.84%)
since 09/19/25
52-Week
189.5000 +1.72%
on 12/04/25
267.0250 -27.82%
on 07/03/25
-16.6750 (-7.96%)
since 12/19/24

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Most Recent Stories

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Cattle Look to Square Up Ahead of USDA Report

Live cattle futures were down 97 cents to $1.90 on Thursday. Preliminary open interest was up 1,151 contracts. There were 20 deliveries retendered at 1 cent on Thursday. Cash trade got kicked off on Thursday,...

LEJ26 : 230.325 (+0.95%)
LEG26 : 231.000 (+1.14%)
LEZ25 : 230.725 (+1.01%)
GFH26 : 340.000 (+1.61%)
GFF26 : 346.350 (+1.79%)
GFJ26 : 338.400 (+1.57%)
Hogs Look to Close Out the Week

Lean hog futures closed with Thursday gains of 95 cents to $1.12. Preliminary open interest was up just 1,023 contracts on Thursday. USDA’s national base hog price was down $1.06 in the Thursday afternoon...

HEJ26 : 89.100 (+0.17%)
HEG26 : 84.600 (+0.56%)
HEK26 : 93.250 (+0.40%)
Hogs Post Gains on Thursday

Lean hog futures closed with Thursday gains of 95 cents to $1.12. USDA’s national base hog price was down $1.06 in the Thursday afternoon report at $68.65. The CME Lean Hog Index was up 57 cents on December...

HEJ26 : 89.100 (+0.17%)
HEG26 : 84.600 (+0.56%)
HEK26 : 93.250 (+0.40%)
Cattle Fall Back on Thursday Ahead of Friday’s USDA Report

Live cattle futures were down 97 cents to $1.90 on Thursday. There were 20 deliveries retendered at 1 cent on Thursday. Cash trade got kicked off on Thursday, with a few early sales at $228 across the...

LEJ26 : 230.325 (+0.95%)
LEG26 : 231.000 (+1.14%)
LEZ25 : 230.725 (+1.01%)
GFH26 : 340.000 (+1.61%)
GFF26 : 346.350 (+1.79%)
GFJ26 : 338.400 (+1.57%)
Shootin' the Bull about incentive

Lower boxes proved no incentive to bid higher for inventory.

Hogs Higher on Thursday

Lean hog futures are up 85 cents to $1 so far on Thursday. USDA’s national base hog price was down $1.90 in the Thursday morning report at $68.27. The CME Lean Hog Index was up 47 cents on December 16...

HEJ26 : 89.100 (+0.17%)
HEG26 : 84.600 (+0.56%)
HEK26 : 93.250 (+0.40%)
Cattle Slipping Lower on Thursday

Live cattle futures are down $1.75 to 2.80 so far on Thursday. Cash trade has been slow this week, with a few early sales at $229 and KS bids this morning at $227. Dressed northern sales have been $358...

LEJ26 : 230.325 (+0.95%)
LEG26 : 231.000 (+1.14%)
LEZ25 : 230.725 (+1.01%)
GFH26 : 340.000 (+1.61%)
GFF26 : 346.350 (+1.79%)
GFJ26 : 338.400 (+1.57%)
Hog Traders See Weakness on Wednesday

Lean hog futures posted losses of $1.45 to $1.80 on the Wednesday session. OI dropped 10,642 contracts. USDA’s national base hog price was up 15 cents in the Wednesday afternoon report at $69.71. The...

HEJ26 : 89.100 (+0.17%)
HEG26 : 84.600 (+0.56%)
HEK26 : 93.250 (+0.40%)
Cattle Look to Thursday After Wednesday Pullback

Live cattle futures saw losses of 85 cents to $1.15 on Wednesday. Open interest was up 2,348 contracts. There were another 20 deliveries tendered on Wednesday. Cash trade has been slow this week, with...

LEJ26 : 230.325 (+0.95%)
LEG26 : 231.000 (+1.14%)
LEZ25 : 230.725 (+1.01%)
GFH26 : 340.000 (+1.61%)
GFF26 : 346.350 (+1.79%)
GFJ26 : 338.400 (+1.57%)
WALSH PURE SPREADER - MAR-JULY ’26 SOYBEAN-OIL SPREAD

Pure Hedge Division - (ZLH26-ZLN26)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 193.5417
2nd Resistance Point 193.3833
1st Resistance Point 193.0667
Last Price 192.7500
1st Support Level 192.5917
2nd Support Level 192.4333
3rd Support Level 192.1167

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52-Week High 267.0250
Fibonacci 61.8% 237.4104
Fibonacci 50% 228.2625
Fibonacci 38.2% 219.1145
Last Price 192.7500
52-Week Low 189.5000

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