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Class III Milk Apr '23 (DLJ23)
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Contract Specifications

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Contract
Milk Class III
Contract Size
200,000 pounds
Tick Size
0.01 cents per hundredweight ($20.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. Sun-Thur, 5:00p.m. - 1:55p.m. (Settles 1:10p.m.) Fri CST
Exchange
CME
Point Value
$2,000
Margin/Maintenance
$1,650/1,500
First Notice Date
05/02/23
Expiration Date
05/02/23 (expired)

Seasonal Chart

Class III Milk Apr '23
Average Price Chart for 5 Prior Apr Contracts

Commitment of Traders Positions as of May 23, 2023

View Chart Details
Commercials - Long / Short
16,844 (+1,832)
10,656 (+1,583)
Non-Commercials - Long / Short
6,334 (+132)
9,149 (+648)
Producers - Long / Short
8,154 (+1,269)
9,182 (+1,218)
Swap Dealers - Long / Short
7,750 (+373)
534 (+175)
Managed Money - Long / Short
969 (+319)
4,724 (+172)
Other Reportables - Long / Short
5,365 (-187)
4,425 (+476)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
18.56 +0.32%
on 04/12/23
19.06 -2.31%
on 04/03/23
-0.48 (-2.51%)
since 03/31/23
3-Month
17.37 +7.20%
on 02/27/23
20.05 -7.13%
on 03/27/23
+0.50 (+2.76%)
since 02/02/23
52-Week
17.37 +7.20%
on 02/27/23
21.50 -13.40%
on 06/14/22
-1.71 (-8.41%)
since 05/02/22

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Most Recent Stories

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HEQ23 : 81.200 (+3.05%)
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GFU23 : 241.700 (+0.43%)
The 2023 Grilling Season Begins

May’s final weekend ushers in the summer, and Memorial Day Weekend starts the annual grilling season. The demand for beef, pork, and animal proteins peaks during the summer, and prices often reach highs....

LEQ23 : 167.175 (unch)
FCQ23 : 237.775s (+1.65%)
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COW : 38.28 (+1.15%)
Hogs Trading with $7 Expanded Limits Today

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HEM23 : 82.150 (+1.64%)
HEQ23 : 81.200 (+3.05%)
KMM23 : 85.250 (+1.43%)
Cattle Futures Rally to Start the Week

Live cattle futures bulls got back to work after the holiday with triple digit gains of as much as $2. That led to new contract highs and had the June contract within $6 of where April expired. Feeders...

LEM23 : 168.800 (-0.04%)
LEQ23 : 167.175 (unch)
LEV23 : 171.500 (+0.10%)
GFQ23 : 238.700 (+0.39%)
GFU23 : 241.700 (+0.43%)
Limit Gains from Hog Market

Front month lean hog futures closed with the limit $4.75 gains in the first 3 months. The back months also rallied at least 4% into the new week. The market will trade within the $7 expanded limit on Wednesday....

HEM23 : 82.150 (+1.64%)
HEQ23 : 81.200 (+3.05%)
KMM23 : 85.250 (+1.43%)
Cattle Futures Rally to Start the Week

After the 3-day weekend, live cattle futures closed the first trade day of the week with triple digit gains of as much as $2. That led to new contract highs and had the June contract to within $6 of where...

LEM23 : 168.800 (-0.04%)
LEQ23 : 167.175 (unch)
LEV23 : 171.500 (+0.10%)
GFQ23 : 238.700 (+0.39%)
GFU23 : 241.700 (+0.43%)
Grains: The Market Giveth and The Market Taketh

Grain futures had a strong rally last week but were unable to find any follow-through in today's trade.

Hogs Limit Up through Midday

Hog prices are locked limit higher in the July and August contract with $3.27 to $4.65 gains in the other nearbys, following 6 consecutive red days. End of month asset allocation protocol would suggest...

HEM23 : 82.150 (+1.64%)
HEQ23 : 81.200 (+3.05%)
KMM23 : 85.250 (+1.43%)
Triple Digit Rallies for Cattle Market

Feeder cattle futures are leading the rally with 1.6% to 1.8% gains at midday. The fats are also $0.95 to $1.67 higher at midday. USDA called the bulk price for last week $171 in the South, $180-182 in...

LEM23 : 168.800 (-0.04%)
LEQ23 : 167.175 (unch)
LEV23 : 171.500 (+0.10%)
LEY00 : 170.850s (unch)
GFQ23 : 238.700 (+0.39%)
GFU23 : 241.700 (+0.43%)

Barchart Trading Guide

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

Key Turning Points

3rd Resistance Point 18.63
2nd Resistance Point 18.63
1st Resistance Point 18.62
Last Price 18.62s
1st Support Level 18.61
2nd Support Level 18.61
3rd Support Level 18.60

See More

52-Week High 21.50
Fibonacci 61.8% 19.92
Fibonacci 50% 19.44
Fibonacci 38.2% 18.95
Last Price 18.62s
52-Week Low 17.37

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