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Butter Cash-Settled Oct '23 (BDV23)

323.8700s -0.1300 (-0.04%) 11/01/23 [CME]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Wed, Nov 1st, 2023
Day Low
323.8700
Day High
323.8700
Open 0.0000
Previous Close 324.0000 324.0000
Volume 1 1
Open Interest 2,052 2,052
Relative Strength 62.62% 62.62%
Weighted Alpha +38.86 +38.86
5-Day Change -3.6050 (-1.10%) -3.6050 (-1.10%)
52-Week Range 241.2500 - 332.0000 241.2500 - 332.0000
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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
10/31/23
Expiration Date
11/01/23 (expired)

Seasonal Chart

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

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Period Period Low Period High Performance
1-Month
310.0000 +4.47%
on 10/02/23
Period Open: 310.0000
332.0000 -2.45%
on 10/06/23
+13.8700 (+4.47%)
since 09/29/23
3-Month
258.0000 +25.53%
on 08/04/23
Period Open: 262.0000
332.0000 -2.45%
on 10/06/23
+61.8700 (+23.61%)
since 08/01/23
52-Week
241.2500 +34.25%
on 07/03/23
Period Open: 242.0250
332.0000 -2.45%
on 10/06/23
+81.8450 (+33.82%)
since 11/01/22

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Most Recent Stories

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Cattle Close August on a High Note

Live cattle futures were $2 to $2.75 higher to close out Friday, as August expired up $4.90 at 241.90. October fats closed the week with a gain of $1.775. Cash trade came in this week on a steady basis...

LEG26 : 242.250s (+0.96%)
LEZ25 : 240.775s (+0.91%)
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Hogs Push Higher on Friday to Close the Week with Strength

Lean hog futures posted gains of 32 to 75 cents across the front months on Friday, with October up $3.825 this week. USDA’s national base hog report showed negotiated prices at $104.91, down $3.28 from...

HEZ25 : 87.400s (+0.49%)
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ZMZ25 : 289.0s (+0.59%)
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Nonetheless, the industry was hitting on all 8 this week with everyone having the opportunity to trade at historical highs, as well as packers back in the black.

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Hogs Look to Friday Trade

Lean hog futures closed Thursday up 30 to 70 cents across the front months. Preliminary open interest rose 4,405 contracts. USDA’s national base hog price was reported at $108.19 on Thursday afternoon,...

HEZ25 : 87.400s (+0.49%)
HEV25 : 95.025s (+0.80%)
HEG26 : 89.625s (+0.36%)
Cattle Look to Round Out August Trade Following Thursday Weakness

Live cattle futures were lower at the Thursday close, with contracts down $2.30 to $2.60. August, which expires today, fell $6.20 to $237, despite cash trade holding up. There were 20 deliveries retendered...

LEG26 : 242.250s (+0.96%)
LEZ25 : 240.775s (+0.91%)
LEV25 : 239.650s (+1.15%)
GFV25 : 364.475s (+0.82%)
GFU25 : 364.775s (+0.82%)
GFX25 : 363.600s (+0.99%)
Hogs Close Thursday with Gains

Lean hog futures were up 30 to 70 cents across the front months on Thursday. USDA’s national base hog price was reported at $108.19 on Thursday afternoon, down 61 cents from the day prior. The CME Lean...

HEZ25 : 87.400s (+0.49%)
HEV25 : 95.025s (+0.80%)
HEG26 : 89.625s (+0.36%)
Cattle Fall Lower on Thursday

Live cattle futures fell lower on Thursday, with contracts down $2.30 to $2.60. August, which expires on Friday, fell $6.20 to $237, despite cash trade holding up. There were 20 deliveries retendered on...

LEG26 : 242.250s (+0.96%)
LEZ25 : 240.775s (+0.91%)
LEV25 : 239.650s (+1.15%)
GFV25 : 364.475s (+0.82%)
GFU25 : 364.775s (+0.82%)
GFX25 : 363.600s (+0.99%)
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The Grains all stay positive, and rally off the lows - The Fats and Feeders slide lower

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Cattle Leaking Lower on Thursday

Live cattle futures are trading with losses of 85 cent so $1.75 in the front months on Thursday. Cash trade has been quiet so far this week, with a few bids of $245 in the north reported and light sales...

LEG26 : 242.250s (+0.96%)
LEZ25 : 240.775s (+0.91%)
LEV25 : 239.650s (+1.15%)
GFV25 : 364.475s (+0.82%)
GFU25 : 364.775s (+0.82%)
GFX25 : 363.600s (+0.99%)
Hogs Continuing Push Higher on Thursday

Lean hog futures are up 30 to 60 cents across the front months on Thursday. USDA’s national base hog price was not reported on Thursday morning due to light volume. The CME Lean Hog Index was down 23...

HEZ25 : 87.400s (+0.49%)
HEV25 : 95.025s (+0.80%)
HEG26 : 89.625s (+0.36%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 323.8700
2nd Resistance Point 323.8700
1st Resistance Point 323.8700
Last Price 323.8700s
1st Support Level 323.8700
2nd Support Level 323.8700
3rd Support Level 323.8700

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52-Week High 332.0000
Last Price 323.8700s
Fibonacci 61.8% 297.3335
Fibonacci 50% 286.6250
Fibonacci 38.2% 275.9165
52-Week Low 241.2500

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