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Class III Milk Apr '23 (DLJ23)

18.62s +0.01 (+0.05%) 05/02/23 [CME]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Tue, May 2nd, 2023
Day Low
18.61
Day High
18.62
Open 18.61
Previous Close 18.61 18.61
Volume 38 38
Open Interest 3,493 3,493
Stochastic %K 23.74% 23.74%
Weighted Alpha -7.01 -7.01
5-Day Change -0.01 (-0.05%) -0.01 (-0.05%)
52-Week Range 17.37 - 21.50 17.37 - 21.50
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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
$1,320/1,200
First Notice Date
05/02/23
Expiration Date
05/03/23 (expired)

Seasonal Chart

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

Commitment of Traders Positions as of Jul 22, 2025

View Chart Details
Commercials - Long / Short
16,322 (+1,364)
10,093 (+179)
Non-Commercials - Long / Short
3,126 (+101)
9,069 (+1,226)
Producers - Long / Short
11,435 (+758)
7,453 (+101)
Swap Dealers - Long / Short
3,498 (+355)
1,251 (-173)
Managed Money - Long / Short
1,049 (-11)
3,495 (+732)
Other Reportables - Long / Short
2,077 (+112)
5,574 (+494)
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
Period Open: 19.10
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
Period Open: 18.12
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
Period Open: 20.33
21.50 -13.40%
on 06/14/22
-1.71 (-8.41%)
since 05/02/22

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Most Recent Stories

More News
Cattle Closes with Gains, as Cattle on Feed Shows Fewer Placements

Live cattle futures posted gains of with 67 cents to $1.00 to close out the day, as August was up $2.92 this week. Cash activity settled in at $230-231 in the South this week, with $240-242 in the North....

LEZ25 : 223.475s (+0.37%)
LEV25 : 223.150s (+0.45%)
LEQ25 : 226.475s (+0.30%)
GFU25 : 332.200s (+0.77%)
GFQ25 : 331.375s (+0.75%)
GFV25 : 331.000s (+0.81%)
Hogs Close the Week with Mixed Action

Lean hog futures closed Friday mixed, with nearby August up 50 cents and other contracts 50 to 67 cents lower. August was up $2.22 this week. USDA’s national base hog price had a weighted average of...

HEV25 : 90.600s (-0.55%)
HEQ25 : 108.700s (+0.46%)
HEZ25 : 82.250s (-0.81%)
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Shootin' the Bull about competition

In my opinion, the competition heated up considerably this week with both cash and most futures in feeder cattle making new historical highs.  The competition is believed what could be the most interesting...

Cold Storage

Cold Storage - 2025-07-25

YKU25 : 14,435s (+0.63%)
HEV25 : 90.600s (-0.55%)
GFU25 : 332.200s (+0.77%)
OJU25 : 322.35s (-4.90%)
BDU25 : 261.0000s (+0.77%)
LEV25 : 223.150s (+0.45%)
Cattle on Feed

Cattle on Feed - 2025-07-25

GFU25 : 332.200s (+0.77%)
LEV25 : 223.150s (+0.45%)
WALSH PURE SPREADER - Pure Hedge Division

Current Trades We Are Following

Hog Bulls Backing Off at Midday

Lean hog futures are trading with 57 to 85 cents lower at midday, with August holding higher, up a tick. USDA’s national base hog price had a weighted average of $109.26 in the Friday AM report, down...

HEV25 : 90.600s (-0.55%)
HEQ25 : 108.700s (+0.46%)
HEZ25 : 82.250s (-0.81%)
Cattle Trading Higher Ahead of USDA Reports

Live cattle futures are trading with 60 cents to $1.05 gains a midday. Cash activity has seen light $230-231 in the South. Other bids are $230 in the South and $235-238 in the North. The Friday morning...

LEZ25 : 223.475s (+0.37%)
LEV25 : 223.150s (+0.45%)
LEQ25 : 226.475s (+0.30%)
GFU25 : 332.200s (+0.77%)
GFQ25 : 331.375s (+0.75%)
GFV25 : 331.000s (+0.81%)
Grain Market Update: Where are Soybean, Corn, and Wheat Prices Headed?

Darin Newsom of Barchart discusses current grain market weakness due to strong yields and limited fund interest, while highlighting a concerning divergence in the cattle market that could lead to a "volatile...

ZSQ25 : 998-6s (-0.55%)
LEQ25 : 226.475s (+0.30%)
ZWU25 : 538-2s (-0.60%)
ZCU25 : 399-4s (-0.56%)
Hogs Close Mixed on Thursday

Lean hog futures were 20 to 35 cents higher on Thursday, with August down 27 cents. USDA’s national base hog price had a weighted average of $113.61 on Thursday afternoon, down $1.36 from the previous...

HEV25 : 90.600s (-0.55%)
HEQ25 : 108.700s (+0.46%)
HEZ25 : 82.250s (-0.81%)
Cattle Fall Back as Traders Square Up Ahead of USDA Reports on Friday

Live cattle futures posted losses of $1.22 to $1.35 at the close. Cash activity thus far has been limited so far this week, with some light $230-231 in the South. Other bids are $230 in the South and $235...

LEZ25 : 223.475s (+0.37%)
LEV25 : 223.150s (+0.45%)
LEQ25 : 226.475s (+0.30%)
GFU25 : 332.200s (+0.77%)
GFQ25 : 331.375s (+0.75%)
GFV25 : 331.000s (+0.81%)
Opportunity Within The Trading Ranges

Corn futures have nestled into a bit of a trading range as of late, which may present shorter term traders with opportunities while longer term traders wait for clarity.

Shootin' the Bull about $8.00 & $9.00 corn

It was brought up in conversation again of today's cattle market being similar to corn at $8.00, with some saying closer to $9.00.  I think this is a lot more significant than most think due to corn not...

Pure Hedge - Livestock and Grain

Grains sit and wait for Trade Deal News - The Cattle Markets slide a little lower before the Cattle on Feed Report Tomorrow.

Livestock Slaughter

Livestock Slaughter - 2025-07-24

YKU25 : 14,435s (+0.63%)
HEV25 : 90.600s (-0.55%)
GFU25 : 332.200s (+0.77%)
LEV25 : 223.150s (+0.45%)
Cattle Falling on Thursday as Traders Square Up Ahead of USDA Reports on Friday

Live cattle futures are slipping lower on Thursday, with losses of a dollar at midday. Cash activity thus far has been limited so far this week, with some light $230 in the South. Other bids are $230 in...

LEZ25 : 223.475s (+0.37%)
LEV25 : 223.150s (+0.45%)
LEQ25 : 226.475s (+0.30%)
GFU25 : 332.200s (+0.77%)
GFQ25 : 331.375s (+0.75%)
GFV25 : 331.000s (+0.81%)
Hogs Back to Higher Thursday Trade

Lean hog futures are up 12 to 67 cents so far on Thursday. USDA’s national base hog price had a weighted average of $113.81 on Thursday morning, down 96 cents from the previous report. The CME Lean Hog...

HEV25 : 90.600s (-0.55%)
HEQ25 : 108.700s (+0.46%)
HEZ25 : 82.250s (-0.81%)
Cattle Look to Thursday After Hitting Contract Highs, Beef Still Leaking Lower

Live cattle futures were busy rallying to new highs, with contracts up $2.05 to $2.37 at the close. Preliminary open interest was up 2,945 contracts. Cash activity thus far has been limited so far this...

LEZ25 : 223.475s (+0.37%)
LEV25 : 223.150s (+0.45%)
LEQ25 : 226.475s (+0.30%)
GFU25 : 332.200s (+0.77%)
GFQ25 : 331.375s (+0.75%)
GFV25 : 331.000s (+0.81%)
Hogs Shift Focus to Thursday Trade

Lean hog futures posted mixed action on Wednesday, with contracts 40 to 72 cents higher in the nearbys and December down 27 cents. USDA’s national base hog price had a weighted average of $114.97 on...

HEV25 : 90.600s (-0.55%)
HEQ25 : 108.700s (+0.46%)
HEZ25 : 82.250s (-0.81%)

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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