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Nonfat Dry Milk May '12 (DFK12)

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[[ value ]] [[ value ]] ([[ financialData.relativeStrengthDirection14d ]]) ([[ financialData.highPercent1y ]]) ([[ financialData.lowPercent1y ]])

Contract Specifications

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Contract
Non Fat Dry Milk
Contract Size
44,000 pounds of Grade A and Extra Grade Dry Milk
Tick Size
0.025 per pound ($11.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. Sun-Thur, 5:00p.m. - 1:55p.m. Fri CST
Exchange
CME
Point Value
$440
Expiration Date
05/31/12 (expired)

Seasonal Chart

Nonfat Dry Milk May '12
Average Price Chart for 5 Prior May Contracts
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Price Performance

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Period Period Low Period High Performance
1-Month
115.510 unch
on 05/31/12
119.250 -3.14%
on 05/15/12
-3.490 (-2.93%)
since 04/30/12
3-Month
115.510 unch
on 05/31/12
128.675 -10.23%
on 03/27/12
-11.490 (-9.05%)
since 02/29/12
52-Week
115.510 unch
on 05/31/12
141.000 -18.08%
on 01/18/12
-5.490 (-4.54%)
since 05/27/11

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Most Recent Stories

More News
Hogs Close with Gains to Round Out the Week

Lean hog futures were up 25 to 82 cents across most contracts on Friday, with expiring June up 25 cents. July was down $1.35 this week. USDA’s national base hog price was reported at $95.27 on Friday...

HEQ26 : 96.350s (+0.47%)
HEN26 : 97.450s (+0.85%)
HEV26 : 81.375s (+0.37%)
Cattle Fall Back on Friday

Live cattle futures gave back some of this week’s strength on Friday, with contracts down $1.05 to $1.625 at the close. August was down just 47 cents this week. Cash trade finally picked up on Friday,...

LEV26 : 233.800s (-0.68%)
LEQ26 : 241.175s (-0.62%)
LEM26 : 249.875s (-0.64%)
GFU26 : 354.550s (-0.55%)
GFQ26 : 357.425s (-0.62%)
GFV26 : 350.925s (-0.53%)
Cattle Markets Lower on Plant closings

Plant closings pressure cattle

Shootin' the Bull about spreads of all kinds

In my opinion, more indecision surfaced in this week's trading as traders kept fats within the two-day range of 6/4 & 6/5.

Hogs Trading with Friday Gains

Lean hog futures are posting mixed trade on Friday, with June down 25 cents and July up 80 cents. USDA’s national base hog price was reported at $94.26 on Friday morning, down $3.34 from the day prior....

HEQ26 : 96.350s (+0.47%)
HEN26 : 97.450s (+0.85%)
HEV26 : 81.375s (+0.37%)
Cattle Look to Friday after Thursday Gains

Live cattle futures closed with $1.17 to $1.92 gains on Thursday. There were no deliveries issued against June futures on Thursday. Open interest was up 2,405 contracts. Cash trade has been quiet this...

LEV26 : 233.800s (-0.68%)
LEQ26 : 241.175s (-0.62%)
LEM26 : 249.875s (-0.64%)
GFU26 : 354.550s (-0.55%)
GFQ26 : 357.425s (-0.62%)
GFV26 : 350.925s (-0.53%)
Hogs Look to Close Out the Week

Lean hog futures saw mixed trade on Thursday, with contracts down 40 cents to 70 cents higher. Open interest was up 3,128 contracts. USDA’s national base hog price was reported at $97.26 on Thursday...

HEQ26 : 96.350s (+0.47%)
HEN26 : 97.450s (+0.85%)
HEV26 : 81.375s (+0.37%)
Hogs Close Mixed on Thursday

Lean hog futures saw mixed trade on Thursday, with contracts down 40 cents to 70 cents higher. USDA’s national base hog price was reported at $97.26 on Thursday afternoon, down 26 cents from the day...

HEQ26 : 96.350s (+0.47%)
HEN26 : 97.450s (+0.85%)
HEV26 : 81.375s (+0.37%)
Cattle Rally Back on Thursday

Live cattle futures closed with $1.17 to $1.92 gains on Thursday. There were no deliveries issued against June futures on Thursday. Cash trade has been quiet this week with a few bids on Thursday reported...

LEV26 : 233.800s (-0.68%)
LEQ26 : 241.175s (-0.62%)
LEM26 : 249.875s (-0.64%)
GFU26 : 354.550s (-0.55%)
GFQ26 : 357.425s (-0.62%)
GFV26 : 350.925s (-0.53%)

Key Turning Points

3rd Resistance Point 115.510
2nd Resistance Point 115.510
1st Resistance Point 115.510
Last Price 115.510s
1st Support Level 115.510
2nd Support Level 115.510
3rd Support Level 115.510

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52-Week High 141.000
Fibonacci 61.8% 131.263
Fibonacci 50% 128.255
Fibonacci 38.2% 125.247
Last Price 115.510s
52-Week Low 115.510

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