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Butter Cash-Settled Dec '26 (BDZ26)

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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
12/29/26 (287 days)
Expiration Date
12/29/26 (287 days)

Seasonal Chart

Butter Cash-Settled Dec '26
Average Price Chart for 5 Prior Dec Contracts
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Price Performance

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Period Period Low Period High Performance
1-Month
199.5000 +3.02%
on 03/13/26
222.6500 -7.69%
on 02/25/26
-1.2250 (-0.59%)
since 02/13/26
3-Month
188.7250 +8.90%
on 01/15/26
222.6500 -7.69%
on 02/25/26
+9.0250 (+4.59%)
since 12/16/25
52-Week
188.7250 +8.90%
on 01/15/26
266.0000 -22.73%
on 06/26/25
+0.5250 (+0.26%)
since 03/14/25

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Most Recent Stories

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Cattle futures firm to start the week

Cattle futures were able to firm in yesterday’s trade, but remain in limbo with a softer technical and seasonal landscape. Can futures keep rallying despite this?

Cattle Bulls Look to Push Their Luck to Tuesday

Live cattle futures saw Monday gains of $2.35 to $2.95 at the close. Open interest was up 872 contracts. Cash trade settled in at $234-236 live last week, with some $372 dressed. Feeder cattle futures...

LEQ26 : 231.200 (+0.66%)
LEM26 : 233.450 (+0.68%)
LEJ26 : 234.875 (+0.70%)
GFJ26 : 354.525 (+1.34%)
GFH26 : 359.325 (+1.09%)
GFK26 : 350.475 (+1.43%)
Hogs Look to Tuesday Trade

Lean hog futures closed with mixed trade on Monday, as contracts were withing 20 cents of unchanged. Open interest was down 2,301 contracts, with April dropping 4,549 contracts. USDA’s national base...

HEK26 : 98.175 (-0.15%)
HEJ26 : 93.275 (-0.24%)
HEM26 : 107.150 (-0.09%)
Hogs Close Mixed on Monday

Lean hog futures closed with mixed trade on Monday, as contracts were withing 20 cents of unchanged. USDA’s national base hog price was reported at $90.73 on Monday afternoon, down $1.09 from the day...

HEK26 : 98.175 (-0.15%)
HEJ26 : 93.275 (-0.24%)
HEM26 : 107.150 (-0.09%)
Cattle Rally on Monday

Live cattle futures saw Monday gains of $2.35 to $2.95 at the close. Cash trade settled in at $234-236 live last week, with some $372 dressed. Feeder cattle futures rallied $5.95 to $6.75 far on Monday....

LEQ26 : 231.200 (+0.66%)
LEM26 : 233.450 (+0.68%)
LEJ26 : 234.875 (+0.70%)
GFJ26 : 354.525 (+1.34%)
GFH26 : 359.325 (+1.09%)
GFK26 : 350.475 (+1.43%)
Hogs Consolidate near the Friday Low

Hogs drift

Shootin' the Bull about hinged on energy

Further correlation between everything, and energy, was witnessed today as all markets reversed course from Friday's trade, with energy prices softening today.

Hogs Posting Slight Monday Gains

Lean hog futures are trading with gains of a tick to 40 cents at midday. USDA’s national base hog price was reported at $86.04 on Monday morning, down $6.05 from the day prior. The CME Lean Hog Index...

HEK26 : 98.175 (-0.15%)
HEJ26 : 93.275 (-0.24%)
HEM26 : 107.150 (-0.09%)
Cattle Rallying Out of the Weekend

Live cattle futures are trading with $2.90 to $3.35 gains at midday. Cash trade settled in at $234-236 live last week, with some $372 dressed. Feeder cattle futures are rallying $6.10 to $7.20 so far on...

LEQ26 : 231.200 (+0.66%)
LEM26 : 233.450 (+0.68%)
LEJ26 : 234.875 (+0.70%)
GFJ26 : 354.525 (+1.34%)
GFH26 : 359.325 (+1.09%)
GFK26 : 350.475 (+1.43%)
Cattle Look to Monday Trade

Live cattle futures are showing steady trade on Friday, with contracts down 32 to 62 cents, as April fell $3.67 this week. Cash trade settled in at $234-236 live this week, with some $372 dressed. Feeder...

LEQ26 : 231.200 (+0.66%)
LEM26 : 233.450 (+0.68%)
LEJ26 : 234.875 (+0.70%)
GFJ26 : 354.525 (+1.34%)
GFH26 : 359.325 (+1.09%)
GFK26 : 350.475 (+1.43%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 209.3500
2nd Resistance Point 208.1750
1st Resistance Point 206.8500
Last Price 205.5250s
1st Support Level 204.3500
2nd Support Level 203.1750
3rd Support Level 201.8500

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52-Week High 266.0000
Fibonacci 61.8% 236.4809
Fibonacci 50% 227.3625
Fibonacci 38.2% 218.2440
Last Price 205.5250s
52-Week Low 188.7250

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